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Saudi-Japan Vision 2030 is a vision for strategic cooperation between the Kingdom of Saudi Arabia and Japan to serve mutual interests in the fields of economy, trade, industry, security, and culture. It aligns opportunities with the objectives of Saudi Vision 2030 , Japan's economic reform program, Japan's Strategy for the Fourth Industrial Revolution, and access to foreign markets. The leaderships of both countries signed the vision in Tokyo in 2017. History of Saudi-Japanese relatio...
The Local Content Program ' Asasat' is a program offering a range of investment opportunities in the railway sector in the Kingdom of Saudi Arabia. It was launched by Saudi Arabia Railways 'SAR ' in partnership with the Local Content and Government Procurement Authority in 2024. The program aims to enhance the industrial development of the railway sector within Saudi Arabia, ensuring sustainability while contributing to economic growth through the localization of railway man...
Sport Investment in the Kingdom of Saudi Arabia is an economic activity aimed at developing the sport industry in Saudi Arabia. It seeks to transform sport practices into economically viable paths that contribute to adding value to the gross domestic product (GDP). To achieve sustainability and returns from sport activities, Saudi Arabia has worked on developing laws to advance the sport sector. In 2020, the Regulation of the Ministry of Sport was issued, stipulating in its second article that ...
The Saudi-Thai Investment Forum is an international investment event organized by the Ministry of Investment in the Kingdom of Saudi Arabia . It aims to develop and strengthen relations between the two countries while exploring aspects of cooperation, as well as investment and trade opportunities for companies and investors in the Kingdom and Thailand. Saudi-Thai Investment Forum 2022 The Saudi-Thai Investment Forum was held on May 16, 2022, in Riyadh City, with the attendance of officials and ...
The Saudi-Italian Investment Forum is an international investment event organized by the Ministry of Investment of the Kingdom of Saudi Arabia with the Italian Republic. The forum aims to strengthen investment and trade partnerships and facilitate access for Italian investors and companies to promising investment opportunities in the Kingdom. Saudi-Italian Investment Forum 2022 The Saudi-Italian Investment Forum was launched on June 27, 2022. Its agenda included several panel discussions addres...
The Exclusive Membership Program is an initiative by the Future Investment Initiative (FII) Institute, offering global investors and changemakers the opportunity to join a growing community. It provides access to the program's knowledge platform and events, including a range of reports and research produced by universities and global organizations. Announcement of the Exclusive Membership Program The Exclusive Membership Program was announced during the sixth edition of the Future Investme...
Amaala Project is located in the province of Tabuk , on the northwestern coast of the Kingdom of Saudi Arabia , within Prince Mohammed Bin Salman Nature Reserve . Amaala Project is a Saudi tourism project, often described as the Riviera of the Middle East, due to its similarities with the French Riviera. The Amaala Project is situated within the natural extension of the moderate Mediterranean climate, characterized by its tranquility, mountainous nature, and pristine coastal locations along the...
The Riyadh Economic Forum is a forum that contributes to empowering the private sector, sheds light on economic issues, activates them, and diagnoses their challenges while adopting suggestions and recommendations that contribute to driving the economy forward and improving it to achieve sustainable economic development. Since the launch of its first session in October 2003, the forum has issued approximately fifty-seven studies and 308 recommendations and initiatives up to 2022. The forum is h...
The Lifestyle Hospitality Fund is a fund focused on hospitality projects based on a modern concept that aligns with the goals of the National Tourism Strategy, aiming to strengthen the position of the Kingdom of Saudi Arabia as a global travel and tourism destination. It was established on July 19, 2022, through a tripartite agreement between the Tourism Development Fund , 'Ennismore' hospitality company, and al-Rajhi Capital Company, with a capital of SAR1.5 billion. The fund focuses...
The Kingdom of Saudi Arabia invests in human capital through localization and training programs, as Saudi Vision 2030 aims to reduce the unemployment rate from 12.8 percent at its announcement in 2016 to 7 percent by 2030. In 2022, the unemployment rate decreased to 10.1 percent, and by the end of 2023, it dropped to its lowest historical level of 7.7 percent. The number of Saudis working in the private sector exceeded about 2.2 million male and female workers in 2023, and their number approach...
The National Investment Strategy aims to develop and diversify the local economy, attract more foreign investments, promote non-oil exports, reduce unemployment rates, and enhance the Kingdom of Saudi Arabia 's position to be among the top ten in the Global Competitiveness Index by 2030. The National Investment Strategy is one of the key enablers for achieving Saudi Vision 2030 by leveraging the Kingdom's capabilities and strategic geographic location. It was launched by the Crown Pri...
Public Investment Fund (PIF) Investment Portfolios include six investment portfolios, which the PIF developed in the Kingdom of Saudi Arabia following a review of the assets under its management. These portfolios are divided into four national and two international portfolios. Objectives of PIF investment portfolios Through its investment portfolios, PIF aims to achieve a balance that provides diverse sources for wealth preservation and income. These portfolios are designed to diversify income ...
