New investments in Saudi Up by 20% in Q2

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RIYADH: Saudi Arabia recorded a jump of 20 percent in new investments in the second quarter of 2021 from a year ago.

New investments are increasing for the third quarter in a row, the ministry of investment said in a report.

Saudi Arabia issued 575 new investment licenses in the second quarter alone with 46 percent of them are joint investments between Saudi and foreign partners.