Saudi Arabia must capitalise on curiosity to grow investment

Fulfilling the bold ambitions of Vision 2030 will require more foreign direct investment and private sector participation. AGBI spoke to Ali Raza, CIO at Saudi Arabia Holding Company, to find out about the impact of falling FDI.

Raza says that although FDI inflows in 2024 have “perhaps not been at the levels we would like them” to be, they have increased by over 50 percent compared with 2017.

“In the macro, we are moving forward in a positive direction,” he says. “There is a curiosity for what’s happening here, which is encouraging.”

Watch the video to find out more about PIF’s goals for private participation in Vision 2030