Foreign Direct Investment Inflows in Saudi Arabia Record $4.2 Billion

  • Kingdom of Saudi Arabia (KSA)
  • 31 December 2024
1

The value of net foreign direct investment inflows in Saudi Arabia during the third quarter of this year amounted to 16 billion riyals ($ 4.2 billion), a decrease of 24 percent, compared to the same period last year, reaching 21.1 billion riyals ($ 5.6 billion). While it recorded an increase of 37 percent, compared to the previous quarter of 2024, reaching 11.7 billion riyals ($ 3.1 billion).

According to the General Authority for Statistics, the value of foreign investment inflows to the Kingdom's economy reached about 18 billion riyals ($ 4.5 billion), recording a decrease of 21 percent, compared to the third quarter of last year, when it reached 22.6 billion riyals ($ 6 billion).

Source (Al-Sharq Al-Awsat Newspaper, Edited)

Related News

Get an annual subscription in the quarterly Arab Economic bulletin

SUBSCRIBE NOW