Saudi FDI up 12% in first half 2020 year on year: Minister


RIYADH: Saudi Arabia’s Minister of Investment Khalid al-Falih said on Saturday foreign direct investment increased by 12% in the first half of 2020 compared with the same period last year.

“I’m glad to say that FDI, my area of focus, in the first half has been reported to increase by 12% compared to last year,” Falih, who previously chaired state oil company Saudi Aramco, told a G20 panel.

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