Riyadh - Mubasher: Saudi Arabia's foreign direct investment (FDI) inflows have recorded the highest rise since 2010 to reach $13.8 billion in the second quarter (Q2) of 2021, with the Aramco pipeline deal accounting for $12.4 billion.
Saudi Arabia's FDI inflows jumped by 56% year-on-year (YoY) to around $1.4 billion in Q2-21, excluding the Aramco pipeline deal, according to a press release on Sunday.
During the first half (H1) of 2021, the Kingdom's FDI inflows have amounted to $15.6 billion.
Meanwhile, the Ministry of Investment of Saudi Arabia (MISA) granted 575 new foreign investor licenses in Q2-21.