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'Saudi Arabia remains open for business' as foreign investment rises
348 new international companies were granted licenses to operate in the Saudi market
Arab News
Saudi FDI outlook: COVID-19 pulls down economy, global investors remain positive
The first quarter of 2020 was Saudi Arabia's strongest period for investor interest in ten years
ZAWYA
Sovereign wealth funds fly to relative safety of U.S. assets amid pandemic
U.S. equity strategies managed by third-party fund managers sucked in net flows of $5.36bln from sovereign funds in the first quarter
Reuters News
$7.2bln investment requests for Q1 in Saudi Jubail, Ras Al-Khair
The production capacity has exceeded 148mln tons of materials annually
Saudi Gazette
Saudi's PIF denies media report of loan backed by SoftBank investment
PIF has ample liquidity and has not been engaged with anyone to raise margin loans against its Vision Fund stake
Reuters News
Saudi Arabia's wealth fund holds 0.3% stake in Norway's Equinor
The stake, worth $146mln, makes PIF the 19th biggest owner.
Reuters News
Emerging economies burn through $240bln in reserves, drain seen continuing -BofA
China, Hong Kong, Saudi Arabia, Brazil and Turkey had all seen the biggest total drop in reserves, the bank said.
Reuters News
SAP drives digitalisation at SIDF to boost $49bln Saudi industrial market
SIDF was trusted to boost the competitiveness and sustaining strategic initiatives of the Kingdom’s industry, mining, energy, and logistics sectors.
TradeArabia
Expat remittances from Saudi rise by 6% to SR33.9bln in Q1
At the monthly level, the total personal remittances by expatriates in the Kingdom have registered a 12.7% rise
Saudi Gazette