Banking & Finance Saudi foreign direct investment rises 9.5% in first quarter By Reuters June 29, 2022 Creative Commons The FDI inflows were at 7.4 billion riyals ($1.97 billion) in the first quarter of 2022 Saudi Arabia recorded 9.5 percent 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)
