The balance of foreign direct investment in Saudi Arabia recorded a growth of 6.1 percent by the end of the first quarter of this year, compared to the same period of the previous year, which indicates the confidence of foreign investors in the Kingdom's investment environment.
According to a recent report issued by the Ministry of Investment, foreign direct investment flows grew by 0.6 percent during the first quarter of this year, compared to the same period last year.
The number of investment licenses issued by the Ministry reached 2,728 licenses in the second quarter of 2024 on an annual basis, reflecting the country's position as an attractive destination for investors, which enjoys strong competitive advantages represented in a stable and business-friendly environment.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
