FINANCIAL NEWS

Saudi’s FDI drops by 8pct in 2016

09 Jun 2017

(MENAFN) The influence of falling oil prices on foreign direct investment and other forms of investment is still clear in major economies like KSA, where FDI inflows fell to USD7.45bn in 2016.

Moreover, FDI outflows grew by 55 percent to USD8.36bn, compared to USD5.39bn in 2015, according to a report by the United Nations Conference on Trade and Development.

In addition, the FDI inflows from South Asia and West Asia had declined by a joined 29 percent to USD6bn in 2016.

MENAFN0906201700450000ID1095546450

MENAFN0906201700450000ID1095546450

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