National Development Division News Today

LONDON: It is important that investors understand the long-term structural changes to the Saudi economy that are taking place and the opportunities they…

The value of private sector investments in portfolio companies and projects affiliated with the Public Investment Fund (PIF) amounted to $25.6 billion as of Q3 2023, announced Governor Yasser al-Rumayyan. Rumayyan was speaking at the second edition of the PIF Private Sector Forum, which began on Tuesday at the King Abdulaziz International Convention Center in Riyadh, aiming to strengthen partnerships and showcase opportunities for local cooperation in strategic sectors.

Big 5 Construct Saudi, the largest building sector event in the kingdom, will be back in capital Riyadh next month for its 12th edition, bringing together over 1,300 exhibitors as well as showcasing 20,000 products and solutions under nine key sectors.

Saudi Arabia’s construction sector is expected to grow at

Big 5 Construct Saudi, the largest building sector event in the kingdom, will be back in the capital Riyadh next month for its 12th edition, bringing together over 1,300 exhibitors as well as showcasing 20,000 products and solutions under nine key sectors

Saudi Arabia has been making some good strides in the automotive space

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% within the next seven years as well as create job opportunities in the king

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

The strategy aligns with the fund’s aim to support the private sector in increasing its contribution to GDP by up to 65 per cent by 2030

Programme focuses on promoting local consumption and upskilling for the sector