KSA: Swiss investments reach $2.91bln mark

Total investment of Swiss companies in Saudi Arabia hit $2.91bln, Saudi authorities announced Thursday.

Saudi Arabian General Investment Authority (SAGIA) in a statement noted that most of investments came from 94 firms.

These Swiss entities according the SAGIA have pumped $2.91bln in the Saudi economy.

The leading Swiss firm, Dhurom company for electricity, has invested $2.09bln; over 90 per cent of the value of total investment by Swiss companies.

The statement came on the sidelines of the 11th meeting of the Saudi-Swiss Business Council (SSBC) that started on Wednesday, 12 September in Bern, Thomson Reuters Zawya reports.

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