This week it was announced Saudi Arabia’s net foreign direct investment saw a quarter-on-quarter rise of 37%. Data released by the General Authority of Statistics showed that the figure – which reflects the net investment gain for the Kingdom after accounting for both inbound and outbound activities – reached SR16 billion ($4.27 billion) over the period. The surge was primarily attributed to a significant decline in FDI outflows, which dropped by 74.36% during this period to reach SR2 billion.
In other news, Saudi Arabia has witnessed a massive surge in commercial registrations as the Kingdom’s business sector thrives. The Ministry of Commerce released its quarterly business sector bulletin for the fourth quarter of 2024, as it highlights significant growth and development within the Kingdom’s business landscape. The report reveals a substantial 67% increase in new commercial registrations issued during the fourth quarter compared to the same period last year.
Economy, Budgets and Finance
Arabian Business: Saudi Arabia sees a 67% spike in commercial registrations. Read Here
Arab News: KSA’s net FDI rises by 37% to over $4bn. Read Here
Arab News: Saudi’s non-oil sector sustains growth in December according to PMI survey. Read Here
Zawya: Saudi PIF raises $7bn from inaugural Murabaha credit facility. Read Here
Government & Royal Family
Saudi Gazette: Saudi Arabia finances 800-bed King Salman Hospital costing $135 million in Zambia. Read Here
Commercial
Saudi Gazette: Saudi Arabia secures $2.5 bn Shariah-compliant revolving credit facility. Read Here
Arab News: KSA introduces new laws to streamline business registration and trade names. Read Here
Arab News: Saudi Arabia’s logistics centers surge by 267% amid the Vision 2030 push. Read Here
Social
Saudi Gazette: Saudi Arabia updates fees for Iqama renewal and reentry visas. Read Here
Arab News: Saudi hosts Italy’s football giants for the Italian Super Cup. Read Here
Alarabiya News: Riyadh’s King Khalid International Airport and Saudia ranked among the best in the world. Read Here
Arab News: The WWE will be coming to Saudi Arabia in 2026. Read Here
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