Browsing: Vision 2030

Our investment in Rocco Forte Hotels demonstrates PIF’s confidence in the commercial opportunity and strength of the international hospitality and tourism industries, which have exhibited remarkable resilience in recent years,” stated Turqi Al Nowaiser, deputy governor and head of the International Investments Division at PIF.

The Helicopter Company, a wholly-owned subsidiary of the Saudi Public Investment Fund, has recently concluded an SAR 800M Murabaha facility agreement with Gulf International Bank – Saudi Arabia (GIB-Saudi Arabia).

Saudi Arabia’s NEOM, a $500B flagship project, has formed a $10B joint venture (JV) with Denmark’s DSV, the world’s third-largest freight forwarder, as revealed in their joint statement. NEOM’s primary goal is to establish itself as a vital logistics hub. This initiative was introduced by Saudi Arabia’s Crown Prince Mohammed bin Salman in 2017, with the long-term vision of accommodating 9 million residents.

Saudi Arabia is gearing up to invest a substantial SR1.6T ($427B) over the next decade, as revealed by Minister of Transport and Logistics, Saleh Al-Jasser. This ambitious plan aims to attract more than 30 million pilgrims and Umrah participants, in addition to over 100 million tourists annually, in harmony with the goals of Saudi Arabia’s Vision 2030.

InFlavour, the prominent Saudi culinary event, is set to take place from October 29 to 31 at the Riyadh Exhibition & Convention Centre. This event brings together influential figures, including His Royal Highness Prince Khaled bin Alwaleed Al Saud and renowned celebrity chefs Marco Pierre White and Manal Al Alem. In addition to the culinary exchange and knowledge-sharing, InFlavour offers a platform for investment opportunities, aligning with Saudi Arabia’s Vision 2030 initiative. Don’t miss this unique cultural and culinary experience.