Al-Qasabi: Saudi Arabia Still Hopeful of Meeting $10 Billion FDI Target

The transcript discusses Saudi Arabia's efforts to attract foreign investment, focusing on tourism and entertainment sectors. It highlights major projects like the Red Sea, Neom, and Alola, and the introduction of the Eve visa. The country aims to receive 100 million visitors by 2030 and has set ambitious investment targets, with a focus on legal infrastructure to support foreign and local investors. The goal is to reach $15-20 billion in foreign direct investment by 2020, with significant contributions from the tourism sector.

What is the purpose of the new Eve visa launched for 49 countries?

• To boost tourism and attract foreign investors

• To enhance diplomatic relations

• To facilitate international trade

• To promote educational exchange programs

Which mega projects are highlighted as attracting foreign investors in Saudi Arabia?

• The Red Sea, Neom, and AlUla

• Great Wall of China, Forbidden City, and Terracotta Army

• Dubai Expo, Burj Khalifa, and Palm Jumeirah

• Silicon Valley, Hollywood, and Wall Street

What is the target number of visitors Saudi Arabia aims to receive by 2030?

• 150 million

• 100 million

• 75 million

• 50 million

What is the financial target for foreign direct investment in Saudi Arabia by 2020?

• $25 billion

• $5 billion

• $10 billion

• $15 billion to $20 billion

What new legal development is being introduced to attract investors to Saudi Arabia?

• A new tax law

• A new franchise law

• A new environmental regulation

• A new labor law