Foreign investment in Saudi Arabia up 16%

Web DeskWeb Editor

13th Oct, 2021. 12:50 pm
Foreign investment in Saudi Arabia up 16%

RIYADH: Foreign investment in Saudi Arabia has grown 16 per cent to SR2.256 trillion in the second quarter of 2021, up from SR1.951 trillion last year, Arab News quoted the Saudi Central Bank’s data (SAMA), as showing.

Crown Prince Mohammed bin Salman launched a national investment strategy (NIS) on October 11 to help increase the net foreign direct investment to SR388 billion annually and to boost local investment to SR1.7 trillion/annum by 2030.

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