Tag: foreign direct investment

Saudi to seek foreign non-oil investors as crude slumps

REUTERS —  Saudi Arabia aims to at least double annual inflows of foreign direct investment (FDI) over the next 10 years by focusing on new sectors such as mining, health care and information technology, the head of its investment agency said on Sunday (January 24). The plan outlined by Abdullatif al-Othman, governor of the Saudi Arabian General Investment Authority (SAGIA), is part of a radical revamp of economic policy as the kingdom seeks to adapt […]