The Saudi government is rigorously engaged in involving the private sector in the healthcare industry and increasing its contribution to 50% as part of a complete system restructuring. Experts told Asharq Al-Awsat that they believe that the government’s steps to engage the private sector strengthen companies’ opportunities to play a significant role in realizing promising prospects and expanding their operations in line with Saudi aspirations.
Saudi Arabia s PIF launches Lifera to elevate pharma manufacturing in Kingdom biopharma-reporter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biopharma-reporter.com Daily Mail and Mail on Sunday newspapers.
PIF launches Lifera to boost pharma manufacturing in Kingdom arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
Saudi Arabia has undergone significant reforms to foster growth and diversification. While some initiatives were delayed during the Covid-19 pandemic, progress in areas such as the digital economy accelerated. Aided by elevated oil prices in 2022, strategies underlined in Vision 2030 continue moving forwards, and the Kingdom today presents ample opportunities for foreign investors, underpinned by efforts to boost private sector participation in the economy.
RIYADH: Saudi Arabia’s Tadawul All Share Index extended last week’s cautious stance as it closed flat or 0.05 points up to 10,536.91 on Sunday with no marked change in the global economic situation. Even as Friday’s US job reports registered a slight decline in growth in December, fueling speculations of a likely turnaround in the US Federal Reserve’s hawkish stance, the