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Saudi Arabia’s 2023 Q3 net FDI at 11 billion riyals

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By Reuters
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RIYADH: Foreign direct investment (FDI) net inflows into Saudi Arabia recorded 11.4 billion riyals ($2.93 billion) in the third quarter of 2023, down 10% from the second quarter, government data showed on Wednesday.

IMF cuts Saudi Arabia’s 2024 GDP forecast amid lower oil production

FDI totaled 7.2 billion riyals in the third quarter of 2022, the investment ministry said last year, before adopting a new methodology for FDI calculations.

Foreign Direct Investment

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