Minister Al-Saif: FDI in emerging economic sectors soars 162%
RIYADH — Saudi Minister of Investment Fahad Al-Saif stated that foreign direct investment in the Kingdom’s emerging economic sectors posted a surge of 162 percent over the past five years, while total fixed capital formation recorded a jump of 52 percent. Addressing the World Petroleum Congress in Riyadh on Monday, the minister emphasized that the next phase would focus on shifting from expanding…
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