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Council praises Kingdom's FDI progress
The measures taken by the Saudi Cabinet focused on enhancing the Kingdom's international standing. They highlighted the achievement of reaching the 13th position globally among the largest economies attracting foreign direct investment by 2025, with a 53% increase in inflows, reaching $32.6 billion. The efforts of the Kingdom in building more sustainable cities and improving quality of life were also reviewed, including increasing the percentage of Saudi families owning homes and expanding public spaces. Additionally, progress was noted in transportation and industrial development strategies. The council emphasized the continuation of economic reforms and maintaining the inflation rate at 1.8%, aiming to support economic growth and attract more foreign investments, reflecting global confidence in Saudi Arabia's investment environment.
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