Foreign direct investment inflows to Saudi Arabia hit $4.53bn in Q3 2023
- Date: 31-Jan-2024
- Source: Arab News
- Sector:Financial Services
- Country:Saudi Arabia
Foreign direct investment inflows to Saudi Arabia hit $4.53bn in Q3 2023
RIYADH: Foreign direct investment inflows to Saudi Arabia hit SR17 billion ($4.53 billion) in the third quarter of 2023, according to the General Authority of Statistics.
The authority has released FDI data for the first time since adopting the new calculation methodology in October.
This method was developed in collaboration with the International Monetary Fund, involving joint efforts between the Saudi Central Bank and the Ministry of Investment. Foreign direct investment inflows to Saudi Arabia hit $4.53bn in Q3 2023
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