Saudi Arabia: Toward FDI recovery

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Saudi Arabia:

Toward FDI recovery  

Photo: Arabia Monitor

  • Attendance at the Future Investment Initiative (FII), held on 29-31 October highlighted a bounce back in senior foreign participation, a year after the Khashoggi murder crisis.
  • Aramco aims to attract investors to its IPO by foregoing its right to receive a portion of cash dividends on shares, cutting royalties to the state, and allowing non-resident institutional foreign investors to subscribe.
  • Uncertainty regarding the global economic slowdown and its potential effect on the oil market could soften Saudi growth, although the non-oil economy will strengthen.

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