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   Top Saudi Arabia Business News     

Rift Valley Fever situation report

Riyadh, 16 November 2000
A statement issued by the Health Ministry said that seven cases of Rift Valley Fever (RVF) had been reported from Wednesday afternoon, 15 November, up to Thursday afternoon, 16 November 2000. The total number of cases reported since the appearance of the disease up to Thursday, stood at 675. Of these, 516 patients had recovered and had been discharged from hospital; 103 patients had died.

Source: SPA

SR 5.2 billion foreign investment in Saudi Arabia this year
Jubail, Saudi Arabia, 15 November 2000
Prince Abdullah bin Faisal bin Turki, the Governor of the General Investment Commission, has disclosed foreign investment in the Kingdom this year reached SR5.2 billion.

Addressing a press conference yesterday, on the sidelines of the international giant projects conference now in progress in Jubail, Prince Abdullah bin Faisal said demand for investments in petrochemicals is very great, stressing that the two industrial cities of Jubail and Yanbu have no parallel in the world.

In this context, he said the center of overall services in Riyadh had announced that demand for obtaining licenses is 40 times higher this year compared with last year.

“Moreover, there is an intention to establish a number of overall service centers in the regions and chambers of commerce that will take benefit from local expertise. The two industrial cities of Jubail and Yanbu had been the first to open the center of overall services,” he noted.

Prince Abdullah bin Faisal stressed that the Saudi market is attractive to foreign investors because of its many advantages, notably security, stability, strong economic structure and important political and geographic position.

He said the Commission is studying a number of topics that would contribute to ensuring the success of the investment process in the Kingdom and providing all data requested by the investors. Prince Abdullah bin Faisal also referred to the efforts being exerted by the Commission in the interest of the investors, noting that a number of studies would be implemented next year for the development and improvement of many current regulations.

Source: SPA

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 June 28, 2001 15:35:54