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FDI inflows up in 1Q 2024
Saudi is aiming to reel in USD 100 bn of foreign direct investment per year as part of Vision 2030
Women seeking jobs don’t mind long commutes — but men are more willing to work long hours, Gastat says
Women jobseekers don’t mind long commutes — but men are more willing to work long hours, Gastat says
Canada’s NextSource could build a battery anode plant in Saudi, is actively screening potential investors
The plant is expected to generate up to USD 230 mn in annual revenues.
Saudi FDI inflows and outflows were both down in 2023, Unctad report shows
Saudi remains among the 20 economies with the highest value of FDI outflows
Inflation holds steady for third consecutive month
Amid a 10.5% surge in Housing rents
Expectations of only one rate cut this year rise as the Fed wraps two-day meeting today
The prediction preceded the Fed’s June meeting, set to end today
World Bank maintains Saudi’s economic growth forecast at 2.5% in 2024
Growth will pick up steam next year following “a gradual resumption of oil activity”
GDP shrinks 1.7% y-o-y in 1Q 2024
Non-oil activity grew 3.4% y-o-y in 1Q 2024
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