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170 giant firms execute 3088 projects worth SAR 14 bln in Riyadh

170 giant firms execute 3088 projects worth SAR 14 bln in Riyadh
The number of entities related to foreign investment in the Kingdom reached nearly 13000, and Riyadh dominated the lion’s share. The number of foreign investors amounted to around 8500.
Riyadh has more than 170 giant companies with a total capital of more than SAR 14 billion. These companies are currently implementing 3088 projects in different sectors.
The value of outstanding and future projects in Riyadh reaches approx. SAR 300 billion, according to Al-Eqtisadiah newspaper.
There are also other 21000 companies, of which 90% are dominated by small and medium-sized enterprises.