RIYADH: Saudi Arabia reported an increase in foreign direct investment inflows in the first quarter of 2026, rising 2.4 percent year on year to SR26.6 billion ($7.1 billion), according to official data.
In its latest FDI Statistics bulletin, the General Authority for Statistics, or GASTAT, added that FDI outflows rose 50 percent from a year earlier to SR3.52 billion during the three months to the end of March.
This left net FDI inflows down 2.4 percent annually at SR23.08 billion in the first quarter of the year.
The rise reflects the Kingdom’s broader efforts to attract long-term foreign capital under its Vision 2030 strategy, which aims to diversify the economy beyond oil revenues. Under the program, the country is targeting $100 billion in annual foreign direct investment by 2030.
The GASTAT bulletin defined foreign direct investment as one that “that reflects a long-term relationship and ongoing interest in economic entities residing in an economy other than the Saudi economy.”
