18 Hrs
Source:
المدينة
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Foreign direct investment up 500%
Foreign direct investment flows into the Kingdom of Saudi Arabia have multiplied fivefold, with the number of foreign companies operating there increasing by more than ten times. This reflects Saudi Arabia's position as a strategic platform for Chinese companies to expand and access global markets. The Deputy Minister of Investment confirmed that Saudi Arabia has become the second-largest among G20 countries in non-oil GDP, and it constitutes a gateway for sustainable investment, supported by efforts to strengthen industrial partnerships and develop competitive sectors. Saudi-Chinese relations are driven by a keen desire to enhance investments and develop joint industries, leveraging China's technological strength alongside Saudi Arabia’s economic resources and strategic location.
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