Saudi foreign direct investment inflows rise 9.5% in first quarter

1 minute read

A general view of Riyadh city, Saudi Arabia, February 20, 2022. REUTERS/Mohammed Benmansour

Register now for FREE unlimited access to Reuters.com

CAIRO, June 28 (Reuters) - Saudi Arabia recorded 9.5% increase year on year in foreign direct investment (FDI) flows during the first three months of 2022, the investment ministry said on Twitter on Tuesday.

The FDI inflows were at 7.4 billion riyals ($1.97 billion) in the first quarter of 2022, the ministry added.

($1 = 3.7530 riyals)

Register now for FREE unlimited access to Reuters.com
Reporting by Mahmoud Mourad; Editing by Edmund Blair

Our Standards: The Thomson Reuters Trust Principles.