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Saudi Arabia Ranks Among Top 10 According to the World Investment Report 2010 that was recently released by the United Nations Conference on Trade and Development (UNCTAD), Saudi Arabia was the eighth largest recipient of foreign direct investment (FDI) in the world in 2009, moving up six spots from its rank of 14th in 2008. The report states that $35.5 billion (SR133 billion) worth of FDI flowed into the Kingdom, bringing the country’s FDI stock to $147 billion (SR551 billion). While Saudi Arabia’s annual FDI declined nearly 6 percent from 2008 as a result of the global downturn, both UNCTAD and Saudi economists are optimistic that 2010 will witness growth that will continue into the future. More...
The U.S.-Saudi Business Opportunities Forum in Chicago featured a panel discussing finance and investment in the Kingdom that provided an overview of the development of Saudi Arabia’s banking sector since the 1970s. The challenges associated with furthering the development of the Saudi financial market create opportunities for foreign investors to affect positive growth both in the country and their portfolios. Investment bankers, economists, and former U.S. government officials appreciated the work of Saudi regulatory agencies and encouraged American investors to overcome their preconceptions of Saudi Arabia by visiting the Kingdom. Finance and Investment from US-Saudi Forum on Vimeo. For more information on this panel, click here. For a full recap of the Forum, including pictures and videos, click here.
Consumer International Grants Membership to CPA ABB Installs Green Technology in Waseel Tower Kingdom 2nd Largest Exporter of Raw Materials Booz Allen to Train Saudi Navy Al-Tayyar Insures Pilgrims Worldwide
Events Pennsylvania International Week KSA Economic Cities Business Opportunity Forum USSABC Agriculture and Water Resource Business Development Mission to Saudi Arabia USSABC Medical and ICT Business Development Mission to Saudi Arabia Saudi Agriculture 2010 Exhibition USSABC-VEDP Business Development Mission U.S. Department of Commerce Executive-Led Trade Mission to Saudi Arabia Power-Gen International Arab Health 2011 USSABC-PA Business Development Mission Upcoming Trade Shows in the U.S. Upcoming Trade Shows in Saudi Arabia
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