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FINANCIAL NEWS
Saudi’s foreign investments climb to 9 percent
20 Jul 2016
(MENAFN) Foreign investments in Saudi posted an increase of 9 percent, equivalent to USD25.14bn by the end of Q1 of this year, compared with 2015.
Furthermore, the whole value amounted by the end of the cited quarter of this year hit USD0.30tr, compared to USD0.27tr by the end of Q1 2015.
In addition, foreign investments also posted increase of almost 5 percent, equivalent to USD13.21bn this year, compared to USD0.28tr in 2015.
On the other hand, the value of direct investment in the kingdom’s economy accounted to more than 78.5 percent of all foreign investments.
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