Wednesday 19 December 2018

Foreign investment in Saudi Arabia more than doubled in 2018: minister | Reuters

Foreign investment in Saudi Arabia more than doubled in 2018: minister | Reuters:

Foreign investment in Saudi Arabia more than doubled in 2018 to 13 billion riyals ($3.5 billion), its economy and planning minister said on Wednesday, despite a global furor following the murder of journalist Jamal Khashoggi in October.

Foreign investors have been rattled in recent weeks by the kingdom’s deteriorating relations with Western governments after the killing in the Saudi consulate in Istanbul of Khashoggi, a Washington Post columnist and critic of Crown Prince Mohammed bin Salman.

Economy and planning minister Mohammed al-Tuwaijri made no mention of the Khashoggi murder.

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