Money and business
The Saudi economy exceeded an important stage in the journey of diversity
The Minister of Investment M. Khaled Al -Falih: The Saudi economy has exceeded an important stage in the journey of diversity, expecting that the volume of private sector investments in Saudi Arabia will reach 1.2 trillion riyals.
Al -Falih added during a dialogue session in the third edition, that 600 international companies opened their regional headquarters in Riyadh.
He pointed out that the number of licenses registered in Saudi Arabia reached about 40 thousand licenses, pointing out that 52% of economic activities in Saudi Arabia are not oil.
The minister stated that the Public Investment Fund has become the ideal fund in the world, noting that global countries seek to establish sovereign funds inspired by the experience of the Public Investment Fund as a successful model.
Al -Falih added during a dialogue session in the third edition, that 600 international companies opened their regional headquarters in Riyadh.
He pointed out that the number of licenses registered in Saudi Arabia reached about 40 thousand licenses, pointing out that 52% of economic activities in Saudi Arabia are not oil.
The minister stated that the Public Investment Fund has become the ideal fund in the world, noting that global countries seek to establish sovereign funds inspired by the experience of the Public Investment Fund as a successful model.
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