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FINANCIAL NEWS
Saudi attracted USD8.012b foreign direct investments in 2014
29 Jun 2015
(MENAFN) Saudi Arabia attracted USD8.012 billion Foreign Direct Investments (FDIs) in 2014, marking a decrease by 6.9 percent in comparison with the USD9.298 billion of 2013, Arab News reported.
Among the western Asian countries, Saudi received the third highest FDIs behind Turkey, the first with USD12.146 billion, and the United Arab Emirates with USD10.1 billion, according to a report by the UN Conference on Trade and Development (UNCTAD).
Oman was the fourth biggest FDI recipients in the region at USD1.180 billion, followed by Qatar at USD1.040 billion, Bahrain at USD957 million, and Kuwait at USD486 million, the report showed.
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