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New investments in Saudi Arabia up by 20% in Q2

New investments in Saudi Arabia up by 20% in Q2

The Saudi Arabian Ministry of Investment announced that new investments in the kingdom grew by 20% year-on-year during the second quarter (Q2) of 2021, Arab News reported.

This marks the third increase in a row in new investments for the third quarter, the ministry added in a report.

In Q2 2021, Saudi Arabia issued 575 new investment licenses, with 46% of them being joint investments between Saudi and foreign partners.

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