The Saudi Arabian General Investment Authority (SAGIA) has to date issued 445 licenses involving joint Saudi and foreign capital totaling SR 34.59 billion [U.S. $ 9.23 billion]. The foreign participation in this capital represents 91.2 percent of the total, at SR 31.5 billion  [$ 8.4 billion]. The licenses issued are for 238 industrial projects with a capital investment of SR 18.85 billion [$ 5.03 billion], and 207 service projects worth SR 15.74 billion [$ 4.2 billion].

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