logo
Saudi Arabia's net FDI jumps 44% to SR22 billion in Q1 2025

Saudi Arabia's net FDI jumps 44% to SR22 billion in Q1 2025

Saudi Gazette9 hours ago

Saudi Gazette report
RIYADH — The net foreign direct investment (FDI) inflows in Saudi Arabia jumped 44 percent to SR22.2 billion during the first quarter of 2025 compared to the same quarter last year. However, this figure recorded a seven percent decrease from Q4 of 2024, according to the Foreign Direct Investment Statistics bulletin for Q1 2025 published on Sunday by the General Authority for Statistics (GASTAT).
The report showed that FDI outflows from the Kingdom totaled approximately SR1.8 billion in Q1 2025, reflecting a 54 percent decline from the same quarter in 2024, while increasing by 7 percent from Q4 of 2024. FDI inflows into the Kingdom reached about SR24 billion, a 24 percent increase from SR19.4 billion in Q1 2024, though they declined by 6 percent from Q4 2024.
According to GASTAT, FDI reflects a long-term relationship and a permanent interest of economic entities residing in an economy other than the Saudi economy. This means that an individual foreign investor or a group of foreign investors owns 10 percent or more of the voting power of shareholder rights.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Saudi Arabia, UNEP sign cooperation deal for emissions reduction and global climate action
Saudi Arabia, UNEP sign cooperation deal for emissions reduction and global climate action

Saudi Gazette

timean hour ago

  • Saudi Gazette

Saudi Arabia, UNEP sign cooperation deal for emissions reduction and global climate action

Saudi Gazette report RIYADH — Minister of Energy Prince Abdulaziz bin Salman met with Executive Director of the United Nations Environment Program (UNEP) and Undersecretary General of the United Nations Inger Andersen in Riyadh on Sunday. They discussed cooperation on climate action and joint efforts to advance the objectives of the UN Framework Convention on Climate Change and the Paris Agreement. The two sides also discussed Saudi Arabia's climate initiatives, including the Saudi Green Initiative and the Middle East Green Initiative, as well as other efforts undertaken by the Kingdom to expand renewable energy and reduce emissions through the Circular Carbon Economy (CCE) framework. During the meeting, the Ministry of Energy and UNEP signed a memorandum of understanding (MoU) to cooperate under the Regional Cooperation for Emissions Reduction Initiative. The agreement aims to support MENA countries in achieving their climate goals by promoting clean energy technologies and developing relevant policy frameworks to advance climate action. The MoU reflects shared goals to enhance resource efficiency and lower carbon emissions through a comprehensive, balanced and sustainable approach. Areas of cooperation include policy research and recommendations, partnerships with international organizations, participation in climate and CCE-related events, exchange of knowledge and best practices, and the development of climate policy frameworks, supported by regional and global climate networking activities.

Saudi Arabia and China sign executive program to strengthen cultural collaboration
Saudi Arabia and China sign executive program to strengthen cultural collaboration

Saudi Gazette

time2 hours ago

  • Saudi Gazette

Saudi Arabia and China sign executive program to strengthen cultural collaboration

Saudi Gazette report RIYADH — The Ministry of Culture and the China-Arab Cultural and Tourism Cooperation Research Center signed on Sunday an executive program aimed at further strengthening collaboration between Saudi Arabia and China in the cultural field. The executive program was signed by Deputy Minister for Research and Cultural Heritage Affairs Dr. Maha Abdullah Alsenan, and Vice President of Beijing International Studies University and Member of the Joint Committee of the China-Arab Research Center for Cultural and Tourism Cooperation Cheng Wei in a ceremony held at the headquarters of the Ministry of Culture in Diriyah. The executive program, taking place in parallel with the 2025 Saudi-Chinese Cultural Year, reinforces joint efforts in cultural areas. Under the program, the two sides will jointly carry out research projects to enhance the quality of cultural research submitted and collaborate to identify and compile cultural content related to each country held in national archives. In addition, the Ministry of Culture will collaborate with the Chinese side to hold joint conferences and support mutual visits and exchanges between cultural researchers from both countries to discuss common cultural issues. The program also includes support for research exchange operations, facilitating visits by Saudi researchers to Chinese universities and research centers, as well as by Chinese researchers to Saudi universities and research centers. It provides both sides with specialists in cultural fields, offers support in the research fellowship program, and provides consultative support. This executive program comes within the context of the Ministry of Culture's commitment to promoting international cultural exchange as one of the objectives of the National Culture Strategy under the Saudi Vision 2030. This is also an extension of the activities of the 2025 Saudi-Chinese Cultural Year, which aims to consolidate the close relations between Saudi Arabia and China in various development fields, particularly in the cultural field, which has witnessed significant growth and development in recent years.

Over 500 events set to draw 2.5 million visitors as Al-Baha Summer Festival kicks off
Over 500 events set to draw 2.5 million visitors as Al-Baha Summer Festival kicks off

Saudi Gazette

time4 hours ago

  • Saudi Gazette

Over 500 events set to draw 2.5 million visitors as Al-Baha Summer Festival kicks off

Saudi Gazette report AL-BAHA — Emir of Al-Baha Prince Hussam bin Saud inaugurated on Sunday the Al-Baha Summer Festival 2025. The festival, with the theme of "Al and Tourism" will witness more than 500 events that set to draw 2.5 million visitors. Speaking on the occasion, Prince Hussam emphasized that all agencies are working as one team to provide an exceptional summer experience for the people of Al-Baha and its visitors. He stressed the need to activate field committees to monitor events and tourist sites, including parks and gardens, and develop a comprehensive traffic plan to help avoid congestion. The Emir also emphasized adherence to public decency regulations in public places. He called on security and service agencies to continue their efforts to accommodate visitors and vacationers and treat them well, reflecting a positive image of the region and its people. For his part, Mayor of Al-Baha Region and Chairman of the Executive Committee for Al-Baha Summer 2025 Dr. Ali Al-Sawat shed light on the major features of the events taking place in Al-Baha City and the five governorates of the Sarawat Sector. These events feature integrated recreational, cultural, sports, and community activities that reflect the region's identity and align with the goals of Saudi Vision 2030 for domestic tourism development. He highlighted their diversity and inclusiveness, encompassing all age groups and interests, enhancing the region's tourism experience. The festival witnessed broad community participation, with 431 outlets allocated to productive families and 25 sales incubators. A volunteer program was also launched with the participation of more than 6,500 male and female volunteers who supported the season's activities in the areas of organization, guidance, and services. The festival represents an integrated national model in planning, community engagement, and tourism experience, enhancing the region's presence as a major summer destination on the Kingdom's domestic tourism map.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store