Kingdom ranked 16 in Doing Business 2009 report

Riyadh, September 09, SPA -- The Kingdom of Saudi Arabia ranked 16 in
the field of competitive business environment, according to the Doing
Business 2009 report issued today by the International Finance
Corporation (IFC) of the World Bank.

The report assesses the business environment in 181 countries as well
as their investment competitiveness.

According to this classification, the Kingdom tops Arab countries and
the entire Middle East in the field of competitive investment
environment.

In a statement to the Saudi Press Agency (SPA), the Governor of
General Investment Authority Amr bin Abdullah Al-Dabbagh expressed
thanks to and appreciation of the Custodian of the Two Holy Mosques
King Abdullah bin Abdulaziz Al Saud and Crown Prince Sultan bin
Abdulaziz Al Saud, Deputy Premier, Minister of Defense and Aviation
and Inspector General, for their support for investors in the
Kingdom.

--SPA