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NEWS

Saudi Arabia posts 31% investment growth reaching SR1 trillion for the first time in history
Business economy growth prediction graph

The investment sector in Saudi Arabia witnessed a record growth of 31 percent during the year 2022, reaching more than SR1 trillion ($266.6 million), for the first time in the history of the Kingdom. There was a dramatic shift in becoming a destination for investment, with huge cash flow from abroad. Projects such as the NEOM, Red Sea Project, electric cars, and Saudi green projects, in addition to direct investments in technical and technological fields, were common.