The General Organization for Social Insurance (GOSI), which administers the Kingdom's national insurance scheme, covering over 92,000 establishments, is expanding its investment, according to its governor Sulaiman bin Saad Al-Humaid. During a recent meeting with businessmen at the Eastern Province Chamber of Commerce and Industry (EPCCI), Al-Humaid reported that as part of a long-term plan, GOSI has invested SR19 billion [U.S. $ 5.07 billion] in 48 companies, mainly in the banking sector, but also including projects such as the SR2.3 billion [$0.61  billion] Gharnatah real estate venture in Riyadh, now 80 percent complete.

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