United States Emerges as Top Greenfield Investor in Saudi Arabia for H1 2025

Deal News | Aug 20, 2025 | Zawya

United States Emerges as Top Greenfield Investor in Saudi Arabia for H1 2025

In the first half of 2025, the United States became the largest source of greenfield foreign direct investment (FDI) in Saudi Arabia, leading with 61 projects worth $2.7 billion. This accounted for nearly one-third of both project count and capital investment. The report by Emirates NBD highlights Egypt's significant contribution, ranking second in capital investment with $1.81 billion from 11 projects, focused on real estate. China and France also contributed, with investments of $858.3 million and $771.7 million, respectively. The UAE marked its presence with 25 projects amounting to $205.3 million. The total number of greenfield projects rose by 30.1% year-on-year to 203 in H1 2025, with investment inflows growing by 1.7% to $9.34 billion. Riyadh, Dammam, and Jeddah were the top destinations for these investments. The business services sector led in project numbers, while the communications sector attracted the most capital investment, significantly aided by Equinix's $1 billion data center project announced at LEAP 2025.

Sectors

  • Foreign Direct Investment
  • Communications
  • Real Estate

Geography

  • Saudi Arabia – Saudi Arabia is the central location for the greenfield FDI projects and investments discussed in the article.
  • United States – The US emerged as the top source of FDI into Saudi Arabia, leading in both project count and investment value.
  • Egypt – Egypt ranked second in capital investment in Saudi Arabia, focusing mainly on real estate projects.
  • China – China contributed significantly to Saudi Arabia's FDI projects, with a notable amount of $858.3 million in investment.
  • UAE – The UAE strengthened its regional investment footprint in Saudi Arabia with multiple projects.

Industry

  • Foreign Direct Investment – The article discusses greenfield foreign direct investments in Saudi Arabia, highlighting projects and capital investments from various countries.
  • Communications – The communications sector attracted the highest capital investment in Saudi Arabia, with a notable investment by Equinix.
  • Real Estate – Real estate was a significant contributor to FDI with major investments, particularly noted in investments from Egypt.

Financials

  • $2.7 billion – Total value of 61 projects contributed by the United States to Saudi Arabia's FDI.
  • $1.81 billion – Capital investment from Egypt in Saudi Arabia, focusing on real estate projects.
  • $9.34 billion – Total foreign direct investment inflows into Saudi Arabia in the first half of 2025.
  • $1.92 billion – Investment in the communications sector, including Equinix's data center investment.

Participants

NameRoleTypeDescription
United StatesInvestorCountryThe top source of greenfield foreign direct investment (FDI) in Saudi Arabia in H1 2025.
Emirates NBDSourceCompanyThe bank provided the report that detailed the FDI inflows to Saudi Arabia.
EquinixInvestorCompanyEquinix announced a significant $1 billion data center investment in Saudi Arabia.