Saudi Arabia secures 26.6 billion riyals in Q1 foreign investments
During the first quarter of this year, Saudi Arabia achieved foreign direct investments totaling 26.6 billion riyals, marking a 2.4% increase on an annual basis. There was a slight decrease in net inflows to 23.1 billion riyals, down by 2.4% compared to the previous year. Additionally, foreign investors' purchases of Saudi stocks surged by 1300%, reaching 11.5 billion riyals. Foreign investments have doubled in accordance with Saudi Vision 2030, with expectations of continuous growth to reach between 140 billion and 150 billion riyals.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)