Ashraf AboArafe
The value of net foreign direct investment flows in the Kingdom during the fourth quarter of 2023 amounted to 13 billion Saudi riyals, an increase of more than 16% compared to the third quarter of the same year, according to the Foreign Direct Investment Bulletin for the fourth quarter of 2023 from the General Authority for Statistics.
The results of the bulletin showed that the value of foreign direct investment flows into the Kingdom’s economy amounted to 19 billion Saudi riyals, an increase of 16.6% compared to the third quarter of the same year, which amounted to 16 billion Saudi riyals.
The results of the bulletin stated that the value of foreign direct investment flows out of the Kingdom’s economy was about 6 billion Saudi riyals, an increase of 17.6% compared to the third quarter of the same year, which amounted to 5 billion Saudi riyals.
