Business · Economy · 4 hrs ago
Saudi minister says fiscal sustainability helped boost investor confidence
Saudi Investment Minister Fahd Al-Saif said the country’s financial sustainability policies helped build investor confidence.
He spoke at a ministerial session on Vision 2030 during the International Energy Forum in Riyadh.
Foreign direct investment grew about 5.2% in the first half of the year, and investment in energy rose about 6.5%.
Al-Saif said investment had nearly doubled since 2015 and increased by 50% over the past five years.
He said foreign investment in energy helped reduce uncertainty across sectors.
Energy accounted for 22% of total investment of 6 trillion riyals over the five years from 2021.
Saudi Investment Minister Fahd Al-Saif said fiscal sustainability helped give investors confidence.
Foreign direct investment grew about 5.2% in the first half of the year, while investment in the energy sector grew about 6.5%.
Al-Saif spoke during a ministerial session on Vision 2030 at the International Energy Forum in Riyadh.
He said energy accounted for 22% of total investment of 6 trillion riyals over the five years since 2021.
- Who
- Saudi Investment Minister Fahd Al-Saif.
- What
- He said Saudi Arabia’s fiscal sustainability policy boosted investor confidence. Foreign direct investment grew about 5.2% in the first half of the year.
- When
- Monday; the article was published on October 12, 2026.
- Where
- A ministerial session on Vision 2030 at the International Energy Forum in Riyadh.
- Why
- Al-Saif said fiscal sustainability gave investors confidence to continue investing.
This story does not have two clearly opposing sides.
The progress was very good in giving the private sector the opportunity to play an important role, in addition to fiscal sustainability. The fiscal sustainability policy itself gave investors confidence to continue investing.
Investment had almost doubled, according to Al-Saif.
The energy sector accounted for 22% of total investment of 6 trillion riyals over five years.
Al-Saif said investment successes included a 50% increase over the previous five years.
Foreign direct investment grew about 5.2%, and investment in the energy sector grew about 6.5%.
Al-Saif spoke at a ministerial session on Vision 2030 at the International Energy Forum in Riyadh.
- Foreign direct investment growth
- About 5.2% in the first half of the year
- Energy investment growth
- About 6.5% in the first half of the year
- Energy share of investment
- 22%
- Total investment
- 6 trillion riyals over the five years since 2021
- Forum location
- Riyadh
Sources
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