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Saudi foreign direct investment inflows down 85% in second quarter

The FDI inflows were at 7.9 billion riyals ($2.1 billion) in the second quarter, compared with about 51.9 billion riyals in the same period last year.

With the exclusion of the closing of state-owned Saudi Aramco (TADAWUL:2222)’s IPO deal in the second quarter of 2021, the Kingdom’s foreign direct investment grew 46.5% year on year.

($1 = 3.7580 riyals)


Source: Economy - investing.com

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