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Symposium on investment in the Kingdom opens in Brussels
Brussels 25th April 2001

  Participants and observers in a Symposium opened here today on the potential for investment in the Kingdom pointed out that the aspects of globalization, gradually overwhelming all parts of the world, would make the Kingdom of Saudi Arabia one of the world's leading centres of attraction for investors in the near future.

 The Symposium, organized by the Arab-Belgian Chamber of Commerce in collaboration with the Saudi Embassy in Brussels under the theme “Potential and Opportunities for Investment in the Kingdom of Saudi Arabia”, was patronized by Prince Abdullah bin Faisal bin Turki, Governor of the General Investment Authority.

 The Symposium highlighted the new regulations enacted in Saudi Arabia to attract foreign investments and cast light on the real opportunities and immense potentials provided by the economic and commercial sectors in the Kingdom to foreign investors.

 The Symposium includes four themes: Investment in the Kingdom, Saudi Economy: Future Outlook, Diversification of the Saudi Economy and a Summary on Saudi Belgian Economic and Commercial Relations. A number of Belgian businessmen, Arab Ambassadors accredited to Brussels and representatives of international enterprises, the media and the Belgian Government took part in the event.

 In remarks to the Saudi Press Agency on the fringes of the Symposium, Prince Abdullah bin Faisal bin Turki said convening the Symposium in the European Union's capital reflects the Kingdom’s unequivocal interest in developing political, economical and commercial relations with the E.U.'s member states. He said his current tour comes within the General Investment Authority's plan to explain the new investment environment to investors in a number of countries.

Source: SPA

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29 April 2001 05:02:20 PM

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