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Saudi Arabia sees 16% increase in net direct foreign investment

During a meeting of the Council of Economic and Development Affairs (CEDA), the Ministry of Economy and Planning reported a notable 16% increase in net direct foreign investment inflows for the fourth quarter of 2023 compared to the previous quarter.

The council reviewed various reports on economic developments, both locally and internationally.

The presentation highlighted the effects of global economic trends on the Saudi economy, identifying risks and opportunities and emphasizing the nation’s accelerated economic growth and diversification despite uncertain global economic prospects.

Link: https://www.zawya.com/en/wealth/wealth-management/saudi-arabia-sees-16-increase-in-net-direct-foreign-investment-xqx94cj7

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