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Private Sector Investment in Saudi Economy Jumps 104%

Non-governmental private sector investments in Saudi Arabia’s GDP for the past year increased 22 percent to reach $242 billion. Compared to 2016, investments witnessed a considerable jump, reaching 104 percent, despite the impact of the coronavirus pandemic on economic activities worldwide. The Saudi government is seeking to empower the private sector and raise its contribution to the gross domestic product from 40 to 65 percent as a target for 2030. ....

Saudi Arabia , Abdulaziz Al Arifi , Asharq Al Awsat , Large Companies Investment Committee , Shareek Program , Ministry Of Investment , Sector Partnership Reinforcement Program Shareek , Private Sector Partnership Reinforcement Program , Crown Prince Mohammad , Crown Prince , Large Companies Investment ,

Empowering the pet industry with innovation

Raising pets was the focus of attention of all the civilisations that settled in the Middle East. For example, ancient Egyptians documented the sanctity of cats and dogs. Recently, researchers found the oldest evidence that dogs coexisted with the ancient inhabitants of the region in the Arabian Peninsula.
With the culture of the region becoming more open and accepting of pets, combined with the pandemic, the region has seen a rapid increase in the demand for pet supplies and services. However, thought leadership and innovation in the sector still remain low to non-existent, which is where organisations such as Pet Products are spearheading progress, engaging with the global business community through strategic alliances, with multiple international manufacturers and brands.
Pet Products Trading Company (PPTCO) is proud to be the region s most extensive wholesale supplier in Saudi Arabia for pet-related supplies, breathing new vitality into the developing pet industry. The compan ....

Saudi Arabia , Arabian Peninsula , Saudi Arabia General , Saudi Arabian , Shareek Program , Products Trading Company , Pet Products , Pptco Empowering The Pet Industry With Innovation ,

Makkah Chamber launches First Manafee Forum

RIYADH: Makkah Chamber of Commerce will on Monday launch the First Manafee Forum, sponsored by Umm Al-Qura for Development and Construction, the owner and developer of Masar. Under the patronage of Makkah Gov. Prince Khaled Al-Faisal and in the presence of Makkah Deputy Governor Prince Badr bin Sultan, the forum will seek to contribute to achieving the objectives of the ....

Saudi Arabia , Ar Riya , Abdullah Saleh Kamel , Umm Al Qura , Khaled Al Faisal , Doyof Al Rahman Program , First Manafee Forum , Shareek Program , Makkah Chamber , Islamic Chamber , Madinah Chamber , Prince Khaled Al Faisal , Makkah Deputy Governor Prince Badr , Kingdom Vision , Saleh Kamel , Prince Khaled , First Manafee , Prince Badr , Al Ahsa , Al Kharj , Khalij Times , Gulf News , Saudi Gazette , King Abdullah , Obs In Saudi , Work In Saudi Arabia ,

Shareek to unlock SR5tn worth of private sector investments

Last week, Crown Prince Mohammed bin Salman, along with his council of ministers and business leaders, took a significant step forward in implementing the economic objective of Saudi Arabia’s Vision 2030 blueprint. They gathered to sign an agreement for the first wave of projects of the Shareek Program, or the Private Sector Partnership Reinforcement Program, which is set to ....

Saudi Arabia , Bashayer Al Majed , Sector Partnership Reinforcement Program , Shareek Program , Crown Prince Mohammed , Private Sector Partnership Reinforcement Program , Al Ahsa , Al Kharj , Khalij Times , Gulf News , Saudi Gazette , King Abdullah , Obs In Saudi , Work In Saudi Arabia , Hajj عرب نيوز ,