9 Hrs
Source:
مباشر
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Saudi draws 1,275 firms
Saudi Arabia attracted 1,275 new foreign establishments in October, with declared capital totaling SAR 10.3 billion. The investors came from 45 countries, averaging 56 establishments a day. Manufacturing led the sectors at 35%, followed by construction at 22% and information and communications technology at 10%. The Federation of Saudi Chambers stressed that the figures refer to capital declared at registration and do not necessarily represent actual investment. It said it plans to issue monthly reports tracking the entry of foreign establishments and speeding their transition to operations.
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