|03 October, 2019

Saudi Arabia lures $234bln FDI in Q2 2019

Overall foreign investments in the oil-rich kingdom reached $449.33bln in Q2 2019

Image used for illustrative purpose. American dollar and Saudi Riyal on the wooden.

Image used for illustrative purpose. American dollar and Saudi Riyal on the wooden.


Riyadh –  Foreign investments in Saudi Arabia grew by SAR 165.73 billion ($44.19 billion), or 10.9%, year-on-year, during the second quarter of 2019.

Overall foreign investments in the oil-rich kingdom reached SAR 1.685 trillion ($449.33 billion) in Q2-19, compared to SAR 1.519 trillion ($405.13 billion) in the year-ago period, according to statistics conducted by Mubasher based on official data released by the Saudi Arabian Monetary Authority (SAMA).

Quarter-on-quarter, foreign investments in the GCC nation rose by SAR 49.81 billion ($13.28 billion), or 3.05%, in the second quarter of the year, compared to SAR 1.635 trillion ($436.05 billion) a quarter earlier.


Saudi Arabia’s foreign direct investment (FDI) went up by SAR 16.74 billion ($4.46 billion), or 1.95%, to SAR 877.22 billion ($233.92 billion) in the three-month period ended 30 June, against SAR 860.48 billion ($229.46 billion) in the year-ago period.

It is noteworthy that FDI accounted for 52.06% of total foreign investments in the kingdom.

Quarter-on-quarter, FDI grew by 0.46%, or SAR 4.02 billion ($1.07 billion), in Q2-19, in comparison to SAR 873.2 billion ($232.85 billion) in Q1-19

Portfolio investments

The rise in foreign investments was supported by the 27.4% growth in portfolio investment inflows, which include investing in equity, shares of mutual funds, and debt instruments.

Portfolio investments in Saudi Arabia surged SAR 97.37 billion ($25.96 billion) to reach SAR 452.39 billion ($120.64 billion) in Q2-19, compared to SAR 355.02 billion ($94.67 billion) in the same period a year earlier.

Investments in equity and shares of mutual funds levelled up by 39.6% to SAR 189.49 billion ($50.53 billion) from April to the end of June, compared to SAR 135.75 billion ($36.2 billion) in Q2-18.

In addition, foreign investments in the kingdom’s debt instruments amounted to SAR 262.9 billion ($70.11 billion), rising by 19.9% year-on-year from SAR 219.27 billion ($58.47 billion) a year earlier.

Translated by: Muhammad Abdul-Wakeel

All Rights Reserved - Mubasher Info © 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

© Mubasher 2019