FDI Inflows in Saudi Arabia Jump 13 Percent

  • Riyadh, KSA
  • 28 March 2024
1

Net foreign direct investment inflows in Saudi Arabia recorded 13 billion riyals during the fourth quarter of 2023 compared to 11 billion riyals, in the third quarter of the same year, an increase of 16 percent.

According to the General Authority for Statistics, the value of foreign direct investment inflows to the Saudi economy amounted to about 19 billion riyals, an increase of 16.6 percent compared to the third quarter of the same year, which amounted to about 16 billion riyals.

The value of foreign direct investment outflows from the Kingdom's economy amounted to about 6 billion riyals, recording an increase of 17.6 percent compared to the third quarter of the same year, which amounted to about 5 billion riyals.

Source (Al-Arabiya.net Website, Edited)

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