Foreign investment in Saudi Arabia

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Time: October 24, 2018   

Gulf’s largest economy remains an important market for global businesses

DUBAI: Scandal surrounding the killing of Saudi journalist Jamal Khashoggi has shrunk the attendance of senior executives from multinational companies at this week’s Future Investment Initiative conference in Riyadh.

But the Gulf’s largest economy remains an important market for global businesses, ranging from oil majors to leading banks.

More than $50 billion in deals were signed at the conference on Tuesday, including a deal between Total and Saudi Aramco to create a retail network in the kingdom.

This article was first published in ZAWYA

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