Tag: economic diversification

As Saudi Arabia embarks on its ambitious economic transformation plan dubbed 'Saudi Vision 2030', it has become clear that oil ...

At the prestigious Ritz-Carlton Moscow Hotel, PIF Managing Director Yasir bin Othman Al-Rumayyan made an appearance during the Russian-Saudi Investment ...

Historically the world's leading oil producer, Saudi Arabia has long been the go-to source for oil, supplying vast quantities to ...

The Saudi Export-Import Bank has reported a significant achievement in 2023, with the implementation of credit facilities amounting to SR16.5 ...

Saudi Arabia's Transformation: A Non-Oil Economic SurgeSaudi Arabia, traditionally known for its pivotal role in the global oil market, has ...

In a landmark achievement for Saudi Arabia, the nation's non-oil activities have reached an unprecedented milestone, constituting 50% of the ...

In 2023, Saudi Arabia's economy underwent a noteworthy transformation, with the non-oil segment achieving a historic feat by accounting for ...

Saudi Arabia's National Development Fund (NDF) announces the establishment of two new venture capital funds, collectively worth $120 million, dedicated ...

The Saudi Arabian business sphere is currently witnessing a robust expansion, with several industries emerging as key drivers of this ...

The Jada Fund of Funds, a branch of the Saudi Public Investment Fund, is channeling 1 billion Saudi riyals (approximately ...

A subsidiary of the Saudi Public Investment Fund (PIF) has taken a significant step in the venture debt space by ...

The Saudi urban sector is poised to capture the spotlight as New Murabba Development Co. gears up to participate in ...

The Public Investment Fund (PIF) of Saudi Arabia has achieved a significant position, ranking fifth among state-owned investment entities with ...

Saudi Arabia is poised to receive a new influx of private investment into its domestic football clubs as part of ...

Saudi Arabia's National Transformation Program (NTP) has surpassed its foundational objectives, significantly contributing to the nation's prosperity and the realization ...

The Saudi Arabian wealth fund has recently fortified its investment portfolio with a significant acquisition of shares from one of ...

Saudi Arabia is on a mission to transform its tourism industry into a major economic pillar. With the aim of ...

The sovereign wealth funds of Saudi Arabia and Bahrain have penned a Memorandum of Understanding (MoU) to amplify cooperation and ...

The financial health of Saudi Arabia's economy is reportedly robust, according to statements made by the country's Finance Minister Mohammed ...

In a bold move to enhance the gaming and Esports sector in Saudi Arabia, the National Development Fund (NDF), together ...

The sovereign wealth entities of Saudi Arabia and Bahrain have inked a memorandum of understanding (MoU), establishing a framework to ...

In a significant push to nurture its emerging start-up ecosystem, Saudi Arabia has unveiled a series of seven funds totaling ...

The Kingdom of Saudi Arabia has set a new precedent in the global travel sector by successfully attracting a record ...

In a significant gathering hosted in Abu Dhabi, the Minister of Commerce and head of the General Authority for Foreign ...

Saudi Arabia's Finance Minister Mohammed Al Jadaan revealed at the Saudi Capital Markets Forum that the nation's non-oil economic growth ...

The Kingdom of Saudi Arabia anticipates its non-oil economic sectors to sustain a growth rate above 5 percent in the ...

Saudi Arabia is undergoing substantial economic changes, propelled by rising oil prices, determined diversification plans, and the pioneering Vision 2030 ...

In a vigorous effort to reduce its oil dependency, Saudi Arabia is actively seeking diversification by tapping into potential opportunities ...

Long renowned for its vast oil reserves, Saudi Arabia has historically enjoyed significant influence over the global oil market, which ...

The Annual Public Investment Fund (PIF) Private Sector Forum in Riyadh concluded its second session on Wednesday, marking the end ...