(MENAFN- Saudi Press Agency)
Riyadh, Dhu-AlHijjah 26, 1438, September 17, 2017, SPA -- Saudi Arabian General Investment Authority (SAGIA) has announced the results of its semi-annual report for 2017, which showed an increase in issuing licenses for investment projects by 130% compared to the same period for 2016, pointing out the number of licensed projects reached 158 during the first half of 2017 with a total capital of SR 3.258 billion, in comparison to the issuance of 127 licenses with a capital of SR 1.392 billion in the first half of 2016.
The People's Republic of China ranked first among the countries licensed to invest in the Kingdom with a share of SR 254 million, followed by the United States of America with a share of SR 187 million, and the Netherlands ranked third with a share of SR 180 million.
--SPA
14:19 LOCAL TIME 11:19 GMT
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