Tuesday, 7 February 2023

#SaudiArabia FDI inflows up 10.7% in third quarter 2022 -investment ministry | Reuters

Saudi Arabia FDI inflows up 10.7% in third quarter 2022 -investment ministry | Reuters

Foreign direct investment (FDI) inflows into Saudi Arabia rose 10.7% in the third quarter of 2022 over the same period a year earlier, figures from the investment ministry showed.

FDI inflows totalled 7.2 billion riyals ($1.9 billion) in the third quarter of 2022, according to the investment ministry's latest monthly bulletin published on Monday, versus 6.5 billion riyals in the third quarter of 2021.

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