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Saud PIF unveils key initiatives to boost private sector growth

Saudi wealth fund PIF has announced three new initiatives for enabling the growth of the private sector. These will also help the sector to increase its contribution to GDP by 65% over the next 7 years as well as create job opportunities in the kingdom.
Saudi Arabia Ar Riya Jerry Todd Supplier Development Programme Growth Programme Musahama Head Of The National Development Division

PIF to host private sector forum to strengthen Saudi local economy

RIYADH: Saudi Arabia’s sovereign wealth fund is all set to host a private sector forum later this month in Riyadh to strengthen the Kingdom’s local economy. In an announcement on its website, the Public Investment Fund said the event, to be held on Mar. 14 and 15 at the Four Seasons Hotel Riyadh, aims to “support the Fund’s Private Sector Engagement Strategic Initiative.” The
Saudi Arabia Ar Riya Jerry Todd Yasir Al Rumayyan Growth Program Fund Private Sector Engagement Strategic Initiative

PIF zeroes in on local content growth to boost Saudi economy

RIYADH: To enable Saudi Arabia’s private sector to thrive and create a more resilient domestic economy, the Kingdom’s sovereign wealth fund is focusing on promoting local content — goods and services. In order to enable the Public Investment Fund to achieve its aim of increasing its contribution to local content to 60 percent and creating up to 1.8 million direct and indirect
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Saudi Public Investment Fund's support of the Kingdom's employment goals

RIYADH: Saudi Arabia’s Public Investment Fund (PIF) is actively supporting the Kingdom’s 10-year plan to create about 1.8 million jobs, an official for the fund said on Thursday. Speaking to Arab News on the sidelines of the Future Investment Initiative forum in Riyadh, Jerry Todd, managing director of the PIF’s National Development Division, estimated that up to 400,000 of
Saudi Arabia Ar Riya Jerry Todd Investment Initiative Saudi Arabia Public Investment Fund National Development Division

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