Stay updated with breaking news from Jerry Todd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.
PIF to launch inaugural Private Sector Forum to showcase opportunities for local businesses
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
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
Saudi sovereign wealth fund PIF (Public Investment Fund) has announced the launch of its local content growth programme aimed at leveraging the fund's spending to catalyse the development of competitive and innovative sectors in the kingdom.