Saudi Arabia has recorded a significant rise in foreign direct investment (FDI) inflows, which grew by 24% last year to reach $31.72 billion, compared to $25.5 billion the year before.
The increase reflects growing investor confidence in the Kingdom’s business environment and its ability to attract capital across diverse sectors.
This positive performance is closely tied to reforms under Vision 2030, which have focused on strengthening regulatory frameworks, enhancing transparency, and creating a more competitive investment climate.
Government-led initiatives have also boosted the Kingdom’s appeal by simplifying procedures and expanding opportunities in renewable energy, digital technologies, manufacturing, tourism, and logistics.
Economists note that the surge is not only a quantitative success but also a qualitative shift, with greater emphasis on high-value and sustainable sectors.
This shift supports the Kingdom’s long-term strategy of economic diversification and reducing reliance on oil as a primary source of revenue.
Experts suggest that sustaining this momentum will depend on further strengthening partnerships with the local private sector and attracting more multinational firms to establish their regional headquarters in the Kingdom, reinforcing its position as a leading hub for regional and global investment.
