Foreign investment in Saudi Arabia up 16% in Q2

Foreign investment in Saudi Arabia has grown by 16 percent to SR2.256 trillion in the second quarter of 2021 — up from SR1.951 trillion last year, according to the Saudi Central Bank’s date (SAMA).

Crown Prince Mohammed bin Salman launched a national investment strategy (NIS) on October 11 to help increase net foreign direct investment to SR388 billion annually and to boost local investment to SR1.7 trillion per year by 2030.