Saudi Arabia: Toward FDI recovery
- 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.
Florence Eid-Oakden, Ph.D, Chief Economist
Charlene Rahall, Analyst
The Country Views series shines the spotlight on specific developments in MENA countries, analysing them from a local perspective to deliver forward looking views for businesses and investors.
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