The World Bank’s index “Ease of Doing Business”
Riyadh, 4 November 2010
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Saudi Arabian General Investment Authority (“SAGIA”) is pleased to announce that Saudi Arabia has improved its ranking in the World Bank “Ease of Doing Business” Index 2011. From the 183 countries surveyed for the report, Saudi Arabia has made significant progress by moving up to 11th place from the 67th place in the global ranking it occupied in 2005. This is a testimony to a number of impactful reforms conducted in the past 5 years to ease the regulatory environment, protect investment and enforce commercial contracts, making Saudi Arabia a more competitive and attractive investment destination globally.
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