PIF has assets worth over $700 billion and helps to achieve Saudi Arabia’s Vision 2030 economic diversification. Saudi Arabia’s Public Investment Fund (PIF) gave SR40 billion ($10.67 billion) investment through…
Saudi Arabia will set spending limits to prevent an overheating economy that would increase government spending Saudi Arabia expects to widen the budget deficit this year and next as the…
The Kafalah program aims to provide funding by the end of the year of around SR22 billion to ensure that it is on track to meet its set target Kafalah…
According to the Kingdom’s Vision 20230 initiative, Saudi Arabia has taken significant steps to incentivize local manufacturing There is a significant increase in demand for pharmaceuticals as the Saudi government…
In 2016, Saudi Arabia launched the Vision 2030 program, which aims to diversify its economy away from the oil industry. Saudi Arabia has released new regulations in the last two…
Neom is a $1.5 trillion project and Crown Prince Mohammed has placed the venture along the Red Sea coast. The main aim of the project is to transform the Saudi…