19 Hrs
Source:
الاقتصادية
Saudi Arabia Sets FDI Record in 2022
The net foreign direct investment in Saudi Arabia increased by 1.7% last year, reaching 81.4 billion SAR. This was due to a 33.5% rise in inward investments, which amounted to 159.1 billion SAR, compared to a 98.5% increase in outward investments, totaling 77.7 billion SAR. Luxembourg was the largest investor in Saudi Arabia with 25.4 billion SAR, followed by the United Arab Emirates with 21.7 billion SAR, then the United States with 13 billion SAR, Egypt with 12.1 billion SAR, and the United Kingdom with 10.7 billion SAR. Regarding investment activities, construction was the most attractive sector with 34.5 billion SAR, followed by manufacturing with 33.3 billion SAR, administrative and support services with 22.4 billion SAR, wholesale and retail trade with 19.1 billion SAR, and professional, scientific, and technical activities with 14 billion SAR.
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