Middle East Economic Survey

VOL. XLVIII

No 42

17-October-2005

SAUDI ARABIA

New Measures Needed To Encourage Saudi Local Investments, CCIC President Says

Council of Commercial and Industrial Chambers (CCIC) and Eastern Province Chamber President 'Abd al-Rahman al-Rashid has asked the Saudi Stock Market Committee to take ground-breaking measures to encourage Saudi local investments. New incentives were needed, he said, to discourage Saudis from investing in neighboring Arab countries. Saudi money is...