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Arabia market
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Arabia market
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The Kingdom of Saudi Arabia is an attractive market
for businesses for several key reasons:
Economic Resilience and Growth
Saudi Arabia's robust, growing economy, despite global challenges, offers businesses a stable platform for sustained success, backed by a commitment to diversification and substantial investments. Entering this market allows companies to tap into a thriving economic landscape.
Vision 2030: Transformative Economic Reforms
Vision 2030 is a long-term strategy for modernization and diversification of the economy. Initiatives to stimulate innovation, digitalization and development of new industries create favorable conditions for startups, especially in the technology and innovation sectors.
Strategic Geographic Positioning
Saudi Arabia's location in the center of the world makes it an ideal location to expand into the international market. Due to its strategic location, companies can easily interact with markets of Europe, Asia and Africa.
strategic projects
The Financial Sector Development Program plays a crucial role in shaping the future of Saudi Arabia's financial sector to promote income diversification, boost savings, and offer various financing and investment opportunities.
The Fiscal Sustainability Program is a medium-term fiscal planning mechanism committed to sustaining public finances and achieving a balanced budget for the Kingdom.
Visual communication takes place through pictures, graphs, and charts, as well as through signs, signals, and symbols. It may be also used independently.
Before the launch of Vision 2030, families in Saudi Arabia could wait up to 15 years to receive housing support. Today, that support is instant.
The Human Capability Development Program is on an ambitious journey to empower citizens and elevate their global competitiveness.
National Industrial Development and Logistics Program
Saudi Arabia: a nation with a unique strategic location that connects three continents, an epicenter of trade and rich in natural resources.
The Saudi Industrial Development Fund was established to realize the Kingdom’s industrial development goals and programs via financing and advisory services. With the announcement of the Kingdom’s Vision 2030 program, SIDF evolved to play a more significant role in the Kingdom’s economic growth and agenda to transform the Kingdom into a leading industrial powerhouse and a global logistics hub supporting four main sectors: industry, energy, mining, and logistics.
The objective of Small and Medium Enterprises General Authority is to regulate, support and develop the SME sector in the KSA according to best international practices, with the view of increasing the productivity of these SMEs, increasing its contribution to the Gross Domestic Product and increasing the capacity of the Saudi economy, and reaching 2030 Vision, all of which will result in creating jobs, finding job opportunities for national labor and nationalizing technology.
Saudi Telecommunication Company is the Saudi digital enabler of telecommunications services in the Kingdom of Saudi Arabia, and among the operators in the Middle East. Transforming the future through impactful digital solutions and mega-projects while fostering our commitment to sustainability.
Elm is a Saudi Joint Stock Company owned by the Public Investment Fund, which is the investment arm of the Saudi Ministry of Finance. Elm services are provided to all forms of beneficiaries, including government, corporate sector and individuals.
Aramco is one of the world's largest integrated energy and chemicals companies, creating value across the hydrocarbon chain, and delivering societal and economic benefits to people and communities around the globe who rely on the vital energy.
Abdul Latif Jameel is a family-owned diversified business founded in Saudi Arabia in 1945 by the late Sheikh Abdul Latif Jameel (1909–1993). Operating across 7 core business sectors, Abdul Latif Jameel has a presence in over 30 countries across 6 continents.
According to the new development of the Ministry of Industry and Mineral Resources aims to promote the industrial and mining sectors and to contribute for achieving sustainable development according to Saudi Vision 2030. As it adopted these two sectors as strategic options to diversify the national economy and to raise the gross domestic product by implementing the initiatives of the national industrial development program and logistics services (one of Saudi Vision 2030 programs), which aims to transform Saudi Arabia into a leading industrial and mining powerhouse, also a global platform for logistics services.
The Ministry is committed to keeping pace with the Kingdom's Vision 2030 and the rapid national and international economic developments. This is reflected in our concern to ensure that our strategic goals align with the Kingdom's Vision 2030.
The National Industrial Development and Logistics Program (NIDLP) aims to transform Saudi Arabia into a leading industrial powerhouse and a global logistics hub, by maximizing the value of its mining and energy sectors while unlocking the full potential of local content and the 4th Industrial Revolution (4IR). The Program largely contributes to driving the Kingdom’s economic diversification towards sustainable growth by fostering a globally attractive investment environment.
Ranked among the world’s largest petrochemicals manufacturers, SABIC is a public company based in Riyadh, Saudi Arabia. 70% of the company’s shares are owned by Saudi Aramco, with the remaining 30% publicly traded on the Saudi stock exchange. SABIC’s growth has been nothing short of miraculous. Today, the company has operations in around 50 countries with a global workforce of over 31,000 talented individuals.
The National Water Company (NWC) a Saudi joint stock company fully owned by the Saudi Government (ie the Public Investment Fund), was established to provide water and wastewater treatment services to best international standards. This is achieved through a model of private sector participation, with leading international operators under the supervision of Saudi professionals. NWC provides high quality drinking water, connects households to water and wastewater networks, safeguards natural water resources and the environment, maximizes the use of treated sewage effluent (TSE), and develops and trains its Saudi workforce in line with the latest international programs.
NEOM is a bold and audacious dream of a New Future, an accelerator of human progress that will embody the future of innovation in business, livability and sustainability. NEOM is one of the Public Investment Fund’s projects.