Shareek Program News Today

Non-governmental private sector investments in Saudi Arabia’s GDP for the past year increased 22 percent to reach $242 billion. Compared to 2016, investments witnessed a considerable jump, reaching 104 percent, despite the impact of the coronavirus pandemic on economic activities worldwide. The Saudi government is seeking to empower the private sector and raise its contribution to the gross domestic product from 40 to 65 percent as a target for 2030.

Raising pets was the focus of attention of all the civilisations that settled in the Middle East. For example, ancient Egyptians documented the sanctity of cats and dogs. Recently, researchers found the oldest evidence that dogs coexisted with the ancient inhabitants of the region in the Arabian Peninsula. With the culture of the region becoming more open and accepting of pets, combined with the pandemic, the region has seen a rapid increase in the demand for pet supplies and services. However, ...

RIYADH: Makkah Chamber of Commerce will on Monday launch the First Manafee Forum, sponsored by Umm Al-Qura for Development and Construction, the owner and developer of Masar. Under the patronage of Makkah Gov. Prince Khaled Al-Faisal and in the presence of Makkah Deputy Governor Prince Badr bin Sultan, the forum will seek to contribute to achieving the objectives of the

Last week, Crown Prince Mohammed bin Salman, along with his council of ministers and business leaders, took a significant step forward in implementing the economic objective of Saudi Arabia’s Vision 2030 blueprint. They gathered to sign an agreement for the first wave of projects of the Shareek Program, or the Private Sector Partnership Reinforcement Program, which is set to

The Cabinet also approved an agreement between the government of Saudi Arabia and the government of Morocco in the field of air transport services, among other issues on its agenda.

RIYADH: The Large Companies Investments Committee has appointed Abdulaziz Al-Arifi as the CEO of a government-backed initiative aimed at developing partnerships between the public and private sector. Saudi Arabia’s Shareek Program was launched by the Saudi crown prince last year and seeks to raise the private sectors’ contribution to the Kingdom’s gross domestic product to 65

RIYADH: When Saudi Arabia announced its Vision 2030 in 2016, aimed at accelerating the growth of the non-oil sector, skeptics doubted how a nation that has been relying heavily on oil-based revenue for so many decades would execute it with perfection. Six years later, the progress made by the country in non-oil sectors indicates that Kingdom is moving ahead in the right

First phase of King Salman Science Oasis inaugurated

Press release content from PR Newswire. The AP news staff was not involved in its creation.

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