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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

Saudi FDI Inflows Grow by 10.7% in 3rd Quarter 2022

FSC Riyadh Saudi Arabia
Riyadh is preparing to launch the second edition of the Financial Sector Conference (FSC 2023). (Asharq Al-Awsat)

The Saudi Ministry of Investment said on Tuesday that the foreign direct investment (FDI) inflows into Saudi Arabia rose 10.7% in the third quarter of 2022 over the same period a year earlier.

FDI inflows amounted to 7.2 billion riyals ($1.9 billion) in the third quarter of 2022, according to the Investment ministry’s latest monthly bulletin, compared to 6.5 billion riyals in the third quarter of 2021.

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