Saudi Arabia: Domestic investment push

Saudi Arabia posted a surprise 80% year-on-year rise in foreign direct investment in October-December 2020, when the $1.9bn figure was the highest since Q4 2016, according to Saudi Central Bank data released on 28 March. The Ministry of Investment also announced in late March that it had issued 466 foreign investor licences in Q4 20, the highest figure since records began in 2005.