{"id":90109,"date":"2024-10-01T00:00:00","date_gmt":"2024-10-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/10\/01\/fdi-oil-are-making-the-rounds-in-the-foreign-press\/"},"modified":"2024-10-01T00:00:00","modified_gmt":"2024-10-01T00:00:00","slug":"fdi-oil-are-making-the-rounds-in-the-foreign-press","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/10\/01\/fdi-oil-are-making-the-rounds-in-the-foreign-press\/","title":{"rendered":"FDI + oil are making the rounds in the foreign press"},"content":{"rendered":"

Leading coverage of Saudi in the foreign press this morning is the latest net foreign<\/strong> direct investment figures<\/strong>, which B<\/a>loomberg<\/a> says places the Kingdom off track for this year\u2019s USD 29 bn FDI target. Obstacles such as high entry barriers and lingering reputation risks are key hurdles curtailing FDI inflows into Saudi, Bloomberg said citing a research report by Capital Economics. Despite the new investment law<\/a> being a possible \u201cgame changer,\u201d insufficient inflows remain problematic, the London-based research unit said.<\/p>\n

^^ We have the full story in this morning\u2019s news well, above. <\/p>\n

\n

\n

Meanwhile, Saudi oil policy is keeping a wider economic fallout at bay <\/strong>as tensions grow <\/strong>in the region<\/strong>, Reuters<\/a> writes. Despite fears of further escalation following Hezbollah leader Nasrallah\u2019s killing<\/a>, the Kingdom\u2019s sway on OPEC+ as well as recent reports indicating a potential direction away<\/a> from an unofficial USD 100 per barrel target and reboot production are keeping \u201ca lid on oil prices\u201d and limiting shocks, the newswire said.<\/p>\n

Borne out by the numbers: <\/strong>Oil prices have remained steady in the USD 70-80 per barrel<\/a>range<\/a>, as Riyadh\u2019s continues to pump below its 12 mn bpd capacity while non-OPEC output rises and China sees waning demand. <\/p>\n","protected":false},"excerpt":{"rendered":"

The Kingdom is falling behind on this year\u2019s USD 29 bn FDI goal<\/p>\n","protected":false},"author":1,"featured_media":90110,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2561],"tags":[10,3060,543,229],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-90109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-saudi-in-the-news","tag-enterpriseam-ksa","tag-foreign-direct-investment-fdi","tag-oil-and-gas-policy","tag-saudi-in-the-news","wpautop","entry"],"acf":{"mongo_id":"681cf7f9-330a-4c4a-b35f-2b7e974c2618","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/9\/2311.jpg","photo_position":"above","homepage_title":"","full_issue_title":"FDI + oil are making the rounds in the foreign press","related_issue":[90092],"teaser":"The Kingdom is falling behind on this year\u2019s USD 29 bn FDI goal","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.368d055a-1101-437e-8c39-7ed40788cbc4.mp3"},"yoast_head":"\nFDI + oil are making the rounds in the foreign press - 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