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Saudi Arabia open to financing up to 75% of certain industrial projects, says minister

RIYADH: Saudi Arabia is open to providing up to 75 percent of financing for certain industrial projects, a minister has revealed in a bid to incentivize foreign investment and private sector players. During his discussion with several Qatari investors on the sidelines of the 52nd meeting of the Gulf Cooperation Council Industrial Cooperation Committee in Doha, Bandar Alkhorayef, the Kingdom’s minister of industry and mineral...
Saudi Arabia Ar Riya Mohammed Al Jadaan Yasmine El Tohamy Mohammed El Kuwaiz Financial Sector Development Program

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