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Council of Ministers: FDI Growth Highlights Saudi Economy
The Saudi Cabinet, headed by the Custodian of the Two Holy Mosques King Salman, approved a projected 33.5% growth in foreign direct investment for 2025 compared to 2024, reflecting the attractiveness of the Saudi economy and the success of economic and developmental reforms under Saudi Vision 2030. The council also reviewed the outcomes of hosting significant international conferences in the Kingdom and emphasized the importance of strengthening economic policies and public-private partnerships. Additionally, it expressed support for Saudi Arabia's stance on regional escalation, condemned the Houthi attacks, and worked towards enhancing regional stability. The council also approved the patent and utility model systems to foster innovation and support the innovative economy.
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