Business · Economy · 7 hrs ago
Saudi Arabia Reports 6.5% Growth in Foreign Direct Investment
Saudi Investment Minister Fahd Al-Saif said foreign direct investment grew about 6.5% in the first half of 2026.
He spoke at a ministerial session on Saudi Vision 2030 during the World Petroleum Congress Energy event in Riyadh.
Al-Saif said investment continued to grow despite challenges facing the global economy.
He credited the country’s sustained fiscal policy with giving investors confidence to make long-term decisions.
He also said foreign investment in vital sectors grew by about 160%, though he did not specify the period for that figure.
Overall investment in Saudi Arabia has doubled since 2015, according to Al-Saif.
The figures matter because they indicate continued efforts to attract overseas capital as part of economic reforms and diversification under Vision 2030.
No further steps or plans were specified.
Saudi Arabia reported that foreign direct investment grew by about 6.5% in the first half of 2026.
Investment Minister Fahd Al-Saif announced the figure during a ministerial session on Saudi Vision 2030 in Riyadh.
He said foreign investment flows continued to grow despite challenges facing the global economy.
Al-Saif said investment in vital sectors rose by about 160%, and investment in the Kingdom had doubled since 2015.
He attributed investor confidence to sustainable fiscal policy and pointed to economic reforms and diversification under Vision 2030.
- Who
- Saudi Arabia, as reported by Investment Minister Fahd Al-Saif.
- What
- Foreign direct investment grew by about 6.5% in the first half of 2026.
- When
- The growth was recorded in the first half of 2026. Al-Saif spoke at a session reported on October 12, 2026.
- Where
- Riyadh, during the World Petroleum Congress (WPC Energy).
- Why
- Al-Saif cited sustainable fiscal policy as a source of investor confidence, and said reforms and economic diversification helped attract global capital.
This story does not have two clearly opposing sides.
Investment in the Kingdom doubled, according to Al-Saif.
Foreign direct investment grew by about 6.5%.
Al-Saif discussed investment growth at a ministerial session on Saudi Vision 2030 in Riyadh.
- Foreign direct investment growth
- About 6.5% in the first half of 2026
- Investment in vital sectors
- About 160% growth in foreign direct investment
- Investment in the Kingdom
- Doubled since 2015
- Event location
- Riyadh
What people are saying
Foreign direct investment flows continued to grow over the past year despite the conditions and changes facing the global economy, and the sustainability of the Kingdom’s fiscal policy helped give investors the confidence needed to make long-term investment decisions.
Sources
Related news
Saudi energy bodies sign cooperation agreements with international partners
Riyadh signs contracts for 94 new metro trains
SALIC transfers National Grain Co. ownership to SABIL in Saudi Arabia
Delta delays Atlanta–Riyadh flights until March after airport attacks
Riyadh Economic Forum to discuss five studies on Saudi priorities
Saudi industrial production fell 23.5% in August
Saudi Deputy Finance Minister Says Reforms Strengthened Economy
Saudi Arabia issues first beach operator licence for YAM Beach
Advanced Petrochemical expects improved fourth-quarter performance
Riyadh hosts global energy conference as airport attack tests continuity
Saudi minister says fiscal sustainability helped boost investor confidence
