• 31 financial institutions pumped twice the size of the version 'Civil aviation' to 15.2 billion riyals for the instruments

    01/10/2013


     
     
    31 financial institutions pumped twice the size of the version
    'Civil aviation' to 15.2 billion riyals for the instruments Cover
     

     

    The General authority of civil aviation Completed to process of issuing for the II instruments allocation introduced last Tuesday, to cover part of the costs of building the King Abdul Aziz International Airport in Jeddah, the construction costs of the King Khalid international airport in Riyadh. She said that the size of the second version of 15 billion riyals and 211 million, and has covered nearly doubled over 31 Foundation contributed in subtraction, as participants in a previous version was last year 25. According to a statement issued by the Commission, today, with the participation of institutional investors in Saudi Arabia, included some government funds and local banks, insurance companies and other investment firms. The statement noted that although the world market fluctuations, especially during the past three months, investors ' confidence in the economy and the State-backed development projects including raised body finally boosted turnout significantly on this version.  

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