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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
The private sector is the key driver of future prosperity in almost every economy — and Saudi Arabia is no exception to this. Crown Prince Mohammed bin Salman, who is also chairman of the Public Investment Fund, summed this up when he said: “The private sector is the most important strategic permanent partner that plays a crucial role in our success.” This crucial role is
Programme focuses on promoting local consumption and upskilling for the sector