ABU DHABI ø Syria has been identified as the leading Arab investor
in Saudi Arabia.
The Saudi General Investment Authority cited Syria as being the sixth
largest investor in Saudi Arabia. But Damascus was termed as the leading
Arab investor in the kingdom.
The Saudi group said Syria invested 1.87 billion riyals, or about $480
million, since 2000. The GIA did not cite the nature of Syrian investment.
The United States was the leading foreign investor in Saudi Arabia with
15.57 billion riyals. Japan was No. 2 with 11.2 billion riyals, followed by
France, Britain and Canada.