The Human Capability Initiative (HCI) Conference was launched in Riyadh at the King Abdulaziz International Convention Center under the patronage of Crown Prince Mohammed bin Salman. On the sidelines of the conference, Energy Minister and Chairman of the Board of Trustees of King Abdullah Petroleum Studies and Research Center (KAPSARC), Prince Abdulaziz bin Salman, inaugurated the Kingdom's first specialized educational institution for higher studies in public policy. - Women's Empowerment
Founded in 2018 by the Public Investment Fund, SAMI's inception aligns with the Kingdom of Saudi Arabia's strategic Vision 2030 goal to localize 50% of its defense spending.
The Saudi Arabian Military Industries (SAMI), a key enterprise under the Public Investment Fund (PIF), announced on Wednesday a restructuring of its Board of Directors. Defense Minister Prince Khalid bin Salman was named as Chairman of the board. The board includes Minister of Industry and Mineral Resources Bandar Al-Khorayef, Chairman of the General Authority for Civil Aviation Abdulaziz Al-Duailej, Assistant Minister of Defense Eng. Talal Al-Otaibi, Dr. Khalid Al-Biyari, Yasir Al-Salman, Eng. Omar Al-Madhi, and Eng. Abdulaziz Al-Suqair.
The value of private sector investments in portfolio companies and projects affiliated with the Public Investment Fund (PIF) amounted to $25.6 billion as of Q3 2023, announced Governor Yasser al-Rumayyan. Rumayyan was speaking at the second edition of the PIF Private Sector Forum, which began on Tuesday at the King Abdulaziz International Convention Center in Riyadh, aiming to strengthen partnerships and showcase opportunities for local cooperation in strategic sectors.