JEDDAH, 25 January 2005 — Amr Al-Dabbagh, governor of Saudi Arabian General Investment Authority, (SAGIA), will lead a delegation to the World Economic Forum in Davos.
During the five-day summit that begins on Jan. 26, Al-Dabbagh will attend a number of meetings, introduce the Saudi investment climate to businessmen and give his vision of the future of the Saudi economy. He will also meet a number of CEOs of international companies in order to promote possible investment in the Kingdom.
Al-Dabbagh said the delegation would highlight Saudi Arabia’s efforts to improve its investment climate; an important aspect of this is simplifying and speeding the process for both domestic and foreign investment and offering benefits to both foreign and local investors.
The Davos forum is one of the most important economic forums in the world. Thousands of economists, politicians, CEOs of businesses as well as world leaders regularly attend the forum.
The event provides a free atmosphere for the discussion of numerous ideas and opinions. Finding suitable solutions to world challenges is the main goal of this year’s forum.