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Saudi Shareek initiative to increase private sector GDP contribution appoints new CEO

RIYADH: The Large Companies Investments Committee has appointed Abdulaziz Al-Arifi as the CEO of a government-backed initiative aimed at developing partnerships between the public and private sector. Saudi Arabia’s Shareek Program was launched by the Saudi crown prince last year and seeks to raise the private sectors’ contribution to the Kingdom’s gross domestic product to 65 ....

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With 500,000 jobs and 50 new companies, PIF finds Saudi Arabia a place in the sun

RIYADH: When Saudi Arabia announced its Vision 2030 in 2016, aimed at accelerating the growth of the non-oil sector, skeptics doubted how a nation that has been relying heavily on oil-based revenue for so many decades would execute it with perfection. Six years later, the progress made by the country in non-oil sectors indicates that Kingdom is moving ahead in the right ....

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