The Soudah Peaks Project is one of the tourist destination projects under the Soudah Development Company. It is a mountainous destination located in Aseer Province in the southwestern part of the Kingdom of Saudi Arabia, specifically at its highest peak at an altitude of 3,015 m above the Red Sea level. It comes as part of the Public Investment Fund's efforts to enable promising vital sectors and support the strategy of developing Aseer Province 'Qimam and Shem.' The project aims...
Yes, the Kingdom of Saudi Arabia issues green bonds. On October 6, 2022, the Public Investment Fund launched its first international green bonds as a part of its debt issuance program. The total issuance amounted to USD3 billion (equivalent to SAR11.25 billion), aimed at financing or refinancing the green fund investments. The total subscription requests for the offering exceeded USD24 billion (equivalent to SAR90 billion), with the coverage ratio exceeding more than eight times the total issua...
The Future Investment Initiative (FII) is an annual investment forum established by His Royal Highness Prince Mohammed Bin Salman Bin Abdulaziz, crown prince, prime minister, chairman of the Council of Economic and Development Affairs , and chairman of the Public Investment Fund , in 2017. It has become known in the media as Davos in the Desert. It is hosted annually by the Public Investment Fund in Riyadh , Kingdom of Saudi Arabia , and discusses the trends and future of the global economy and...
Fish farming in the Kingdom of Saudi Arabia is an investment process purposed to maximize the value of the Kingdom's natural resources and foster food security therein. Numerous kinds of farming are conducted in the Kingdom, including aquaculture, e.g., fish, crustaceans, shellfish, algae, aquatic weeds, etc., under confinement and control of breeding factors and following standard reference restrictions and standards regulating production processes. Sustainable aquaculture refers to a set...
Invest Saudi is a website dedicated to showcasing investment opportunities and the business environment in the Kingdom of Saudi Arabia . This unified national identity platform for marketing investment in Saudi Arabia was established under the Royal Decree issued in 2019. It was developed and launched as one of the initiatives to achieve Saudi Vision 2030 . The platform aims to unify messages and efforts between ministries and government entities to enhance Saudi Arabia's position as an at...
Foreign investment in the Kingdom of Saudi Arabia is an investment system that supports the Saudi economy. The first Foreign Investment Law was issued in 1955 to attract capitals and use it for development. Terms and controls for foreign investment in Saudi Arabia Laws and regulations define a foreign investor as a natural person who does not hold Saudi nationality, or a corporate person where not all partners hold Saudi nationality. They define foreign investment as employing foreign capital i...
Sports Investment in the Kingdom of Saudi Arabia consists of an investment activity that aims to develop the sports industry and allows sports practices to generate revenues, which brings added value to the gross domestic product (GDP). In order to achieve sustainability and generate revenue from sports, the Kingdom has been issuing laws for the development of the sports industry. In 2020, the Ministry of Sport regulation was promulgated. The second article stipulated that the ministry is the c...