Saudi Arabia to adopt new foreign investment measure

Saudi Arabia to adopt new foreign investment measure:

"Saudi Arabia plans to introduce a new way of calculating foreign investment that will bring it in line with G-20 economies which use the same method. The government aims to have the new system in place by the end of the third quarter of 2018, Maaal reported. Taysir Al-Mufrij, a spokesman for the General Authority of Statistics (GaStat), said the new approach would be adopted in partnership with the Saudi Arabian General Investment Authority (SAGIA) and the Saudi Arabian Monetary Authority (SAMA)."



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