2000 News Story

Prince Sultan to meet with businessmen and investors

Second Deputy Prime Minister, Minister of Defense and Aviation and Inspector-General Prince Sultan Bin Abdul Aziz plans to meet in Jeddah this coming Sunday with Saudi businessmen, chairmen of the various chambers of commerce and industry, and investors. Under discussion will be important issues such as the new foreign investment system and the setting up of the tourism commission. Secretary-General of the Jeddah Chamber of Commerce and Industry Dr. Majed Abdullah Al-Kassabi declared that the meeting, which is expected to attract more than 500 participants, reflects the great concern the Kingdom's leadership is giving to the private sector, and confirmed that the new regulations will effectively help in accelerating the development process and enhancing the national economy.