Saudi Arabia's Q1 2024 net FDI inflows increased 5.6% to 9.5 billion riyals ($2.53 billion).

Saudi Arabia's net foreign direct investment (FDI) inflows increased 5.6% to 9.5 billion riyals ($2.53 billion) in Q1 2024, according to government data. Inflows were up 0.6% to 17 billion riyals in the first quarter compared to a year earlier, while outflows fell 5.1% to about 7.5 billion riyals. The kingdom aims to attract $100 billion in FDI by 2030 to diversify its economy.

June 30, 2024
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