Alaa Alharbi

𝐒𝐨𝐦𝐞𝐭𝐡𝐢𝐧𝐠 𝐈 𝐋𝐞𝐚𝐫𝐧𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐋𝐚𝐬𝐭 7 𝐃𝐚𝐲𝐬 (5) USD 1 TRILLION! This is the ambitious target for Saudi Arabia's Public Investment Fund (PIF) as it aims to diversify the economy and establish itself as a global investment powerhouse. Why should we all be interested? The PIF is not just a fund; it's a key driver of Saudi Vision 2030, focusing on innovative sectors like technology, renewable energy, and entertainment. This massive investment will create jobs for locals and expats, and open up new markets for collaboration. Understanding this figure helps us grasp the transformative changes happening in the region and the opportunities that lie ahead. Let’s keep an eye on how this unfolds! 🌍💡 #SaudiArabia #PublicInvestmentFund #Vision2030 #EconomicGrowth

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Employee training in Saudi Arabia is key to Vision 2030: 1. **Economic Diversification**: Prepares for new industries like tech and tourism 🌐🚀. 2. **Productivity**: Boosts efficiency and success 📈💪. 3. **Saudization**: Empowers local talent 🇸🇦✨. 4. **Tech Savvy**: Keeps up with the latest technology 🖥️🔧. 5. **Safety**: Ensures adherence to regulations ⚖️🦺. 6. **Career Growth**: Promotes job satisfaction and advancement 🌟🎉. 7. **Service Quality**: Enhances customer experience 🏨😊. 8. **Global Competitiveness**: Prepares for international competition 🌍🏆. 9. **Adaptability**: Enables quick response to changes 🔄🕺. 10. **Social Impact**: Builds a smarter, stronger community 🌱💖. Training is essential for a skilled, adaptable workforce, aligned with Vision 2030! 🚀👩‍🏫👨‍🏫

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𝗧𝗵𝗲 𝗦𝗮𝘂𝗱𝗶 𝗦𝗽𝗼𝗿𝘁𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗔𝗶𝗺𝘀 𝗳𝗼𝗿 $𝟴𝟰 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝗯𝘆 𝟮𝟬𝟯𝟬 🔸️The #Saudisports market is experiencing significant growth, driven by the initiatives of #Vision2030, which have made it an international destination for athletes, players, global championships, and related investments. According to recent estimates, the market size in the #Kingdom is valued at approximately 30 billion riyals ($8 billion) and is expected to reach 84 billion riyals ($22.4 billion) by 2030. This remarkable growth reflects the increasing demand for recreational and sports activities in the Kingdom. 🔆 𝙄𝙣𝙫𝙚𝙨𝙩𝙢𝙚𝙣𝙩 𝙊𝙥𝙥𝙤𝙧𝙩𝙪𝙣𝙞𝙩𝙞𝙚𝙨 𝙞𝙣 𝙩𝙝𝙚 𝙎𝙖𝙪𝙙𝙞 𝙎𝙥𝙤𝙧𝙩𝙨 𝙈𝙖𝙧𝙠𝙚𝙩: 1. 𝐍𝐀𝐅𝐄𝐒 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦: The Saudi Ministry of Sport – وزارة الرياضة has launched the NAFES platform to encourage foreign investment and collaboration in the Kingdom. This platform allows global investors to fully own clubs, academies, and sports centers across 27 popular sports, enhancing investment and development opportunities in the sector. 2. 𝐖𝐫𝐢𝐭𝐞 𝐒𝐨𝐦𝐞𝐭𝐡𝐢𝐧𝐠: #SaudiArabia has launched a fund to support infrastructure related to sports and tourism. This fund aims to finance and develop more than 35 sites by 2030, providing sustainable infrastructure for sports and entertainment. 3. 𝐒𝐑𝐉 𝐒𝐩𝐨𝐫𝐭𝐬 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐂𝐨𝐦𝐩𝐚𝐧𝐲: The (Public Investment Fund (PIF) has established SRJ Sports Investments to enhance investment opportunities in the sports sector through broadcasting rights, creating intellectual property rights, and organizing global sports events. 4. Economic Growth of Sports: The sports economy in Saudi Arabia has grown by 174% in the past three years, with its contribution to the gross domestic product (GDP) increasing by 22%. This rapid growth reflects a significant transformation in the sports sector and increased community participation in sports activities. 🔆 𝘼𝙙𝙫𝙖𝙣𝙩𝙖𝙜𝙚𝙨 𝙤𝙛 𝙄𝙣𝙫𝙚𝙨𝙩𝙞𝙣𝙜 𝙞𝙣 𝙩𝙝𝙚 𝙎𝙖𝙪𝙙𝙞 𝙎𝙥𝙤𝙧𝙩𝙨 𝙈𝙖𝙧𝙠𝙚𝙩: ✔️ 𝐒𝐭𝐫𝐨𝐧𝐠 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐒𝐮𝐩𝐩𝐨𝐫𝐭: The sports sector receives strong support from Saudi leadership, contributing to substantial advancements in sports infrastructure and the organization of global events. ✔️ 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭: The demand for sports and recreational activities in Saudi Arabia is increasing, providing promising investment opportunities for local and international investors. ✔️ 𝐃𝐢𝐯𝐞𝐫𝐬𝐞 𝐒𝐩𝐨𝐫𝐭𝐬 𝐄𝐯𝐞𝐧𝐭𝐬: Saudi Arabia has hosted around 50 international sports events in recent years, enhancing the market's appeal to investors in the sports field. 🔸️In summary, the Saudi sports market offers promising #investment opportunities under Vision 2030, with strong infrastructure and significant government support, making it an ideal destination for investors in the sports sector. #investing #business #money #sport #training #sports #sportmotivation #fitness #gym #football #marketing

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🏆 Winning business with any country is impossible without understanding the culture, which eats strategy for breakfast. Check my new 15-min video about Arab business culture based on my 20 years of experience of living, working and traveling throughout the Arab world - while you are eating your breakfast. https://lnkd.in/eECbEfy3.

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EW Partners: $600M Investments in Saudi Arabia with Potential Market Listings 🔆 ewpartners: Our investments in Saudi Arabia exceed $600 million, with potential for listing some of our companies on the Saudi stock market. @Jessica Wong, the founder and managing partner of EW Partners, revealed that the company's investments in Saudi Arabia surpass $600 million. The company established its platform in Riyadh six years ago as a hub for the entire region, and its fund currently manages several high-growth products. In an interview with Argaam during the Fintech 24 Conference in Riyadh, Wong mentioned that their first flagship product is a $400 million Digital Innovation Fund, which has backed 18 innovative ventures over the last four years, including the Saudi Cloud Computing Company (SCCC) and Sahm Capital Financial. She also hinted at the possibility of listing some of these companies on the Saudi stock market. Wong emphasized the company's strong focus on supporting Saudi Vision 2030 through its partnership with local stakeholders. EW Partners is committed not only to creating jobs but also to fostering talent through cross-industry knowledge exchange programs. She further noted the massive potential for growth in Saudi Arabia, particularly as traditional industries accelerate their shift toward digital transformation. The demand for tech-driven innovation is seen as the greatest opportunity. Wong highlighted that building an advanced digital infrastructure in the Kingdom will further propel innovation and economic diversification. EW Partners is an international investment platform with headquarters in Saudi Arabia and China, backed by major sovereign wealth funds in the Middle East. It leads the charge in economic transformation and diversification across the Middle East and North Africa (MENA) region. #SaudiArabia #Investment #DigitalTransformation #Innovation #Fintech #Vision2030 #EconomicDiversification #Technology #CloudComputing #Jobs #Entrepreneurship #MENA #Business #Investments #FutureofWork

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𝗕𝗿𝗶𝘁𝗶𝘀𝗵 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 𝗪𝗼𝗿𝘁𝗵 𝟱𝟬𝟬 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 𝗦𝗔𝗥 𝗶𝗻 𝗦𝗮𝘂𝗱𝗶 𝗦𝗽𝗼𝗿𝘁𝘀: 𝗔 𝗚𝗼𝗹𝗱𝗲𝗻 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗳𝗼𝗿 𝗚𝗿𝗼𝘄𝘁𝗵 As part of Vision 2030, #SaudiArabia is set to welcome British investments worth 500 million SAR in the #sports sector. A workshop attended by a delegation of 25 British companies at the Saudi Ministry of Investment headquarters saw the signing of cooperation agreements with the Ministries of Investment and Sports, aiming to expand investments in #SportsEvents and develop consultancy and #marketing sectors in sports. 💡 Why Invest in Saudi Sports? ✔️ #Vision2030 opening wide horizons for investments in various sectors, including sports to boost #EconomicGrowth, create jobs, and increase the private sector's contribution to the economy. ✔️ Saudi Arabia has invested significantly in developing sports #infrastructure, including modern #stadiums and facilities, making it an ideal destination for hosting major sports events. Additionally, several major projects are under #construction, with many in the pipeline for #tender or investment. ✔️ Large Youth Population: 60% of the population under the age of 30, Saudi Arabia focuses on encouraging youth participation in sports, promoting public health, and enhancing social integration. ✔️ The Saudi government provides strong support for investment in the sports sector through incentivizing policies and #tax exemptions. This includes collaboration with global companies to organize and host major sports events like #Formula1 races and international golf tournaments. ✔️ Increasing Global Appeal: By attracting world-renowned athletes and international events, Saudi Arabia aims to enhance its global sports presence and attract foreign investments. ✔️ Increased Viewership and Market Value of Saudi Clubs ▪️ The Saudi Pro League (SPL) has signed international broadcasting deals covering over 130 regions, including key countries such as the #UK, #France, #Italy, #Spain, and #Germany. These deals help increase the global reach of the league and make matches available to a wide global audience through multiple platforms. ▪️ With substantial investments from the #PIF, the market value of clubs has significantly increased. The goal is to raise the league's annual revenue to 1.8 billion SAR ($480 million) by 2030, increasing the market value from 3 billion to 8 billion SAR ($2.13 billion). ✔️ The value of the Saudi Super Cup has risen from $9.33 million last year to $16 million this year, representing a 71.4% increase. 💡These combined factors make Saudi Arabia an attractive investment destination in the sports sector, reflecting the Kingdom's commitment to achieving Vision 2030 goals and building a diverse and sustainable economy. Now is the perfect time to invest in Saudi sports and contribute to this rapid growth. #Investment #InvestmentOpportunities #investmenttips #sport #football #sportscar #sportswear #sportscars

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🚀 Exciting Developments in Qatar’s Business Landscape! 🌍 Qatar is gearing up for significant growth in the latter half of 2024, with several new projects on the horizon. During the recent Qatar Financial Market Forum 2024, industry experts highlighted the country's focus on sustainable development and emerging markets. Key sectors like tourism, agriculture, and smart cities are set to drive consistent growth from 2025 onwards #Qatar #BusinessGrowth #Sustainability #EconomicDevelopment #Qatar2024 #EmergingMarkets

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Great Opportunity: Saudi Arabia Offers Financing Guarantees for Foreign Entrepreneurs and SMEs 🔸️ Saudi Arabia is set to allow foreign investors to benefit from the "Kafalah Program | برنامج كفالة ", which offers SMEs financing guarantees for entrepreneurs and small and medium enterprises (SMEs). This initiative aims to attract foreign companies and encourage them to invest in the local market, according to Hammam Hashim, CEO of the program. 🔸️ The Kingdom has seen a surge in foreign direct investments (FDI) in 2021 and 2022, reaching $23.12 billion (SAR 86.7 billion) and $28.04 billion (SAR 105.2 billion), respectively, though it dropped to $12.32 billion (SAR 46.2 billion) last year. As part of the National Investment Strategy, Saudi Arabia targets raising foreign direct investment to $103.5 billion (SAR 388 billion) by 2030, making up 5.7% of GDP compared to 1.5% in 2021. 🔸️ Expanding into New Sectors Hashim also mentioned that the Kafalah program plans to secure financing portfolios and expand into new sectors by 2025, including environmental industries and factory development. Additionally, the program aims to increase financing for the entertainment sector, endowment projects, and the cultural industry. 🔸️ Since its launch, the Kafalah program has issued financial guarantees exceeding $26.6 billion (SAR 100 billion) for 23,000 SMEs and entrepreneurs, including 3,000 enterprises that benefited in the first half of 2024, with financing exceeding $2.13 billion (SAR 8 billion). 🔸️ Plan to Improve Program Efficiency The CEO of the Kafalah program noted that discussions are ongoing with several government agencies to develop new products and work with the SME Bank on a strategic plan for 2025. This aims to enhance the program's efficiency and achieve unprecedented results compared to previous periods. 🔸️ Why This Matters for Foreign Investors This move is a significant step in Saudi Arabia’s efforts to attract global entrepreneurs and small businesses, as it opens new avenues for foreign investments and provides essential financial support for new ventures. #SaudiArabia #SMEs #Entrepreneurship #ForeignInvestment #Vision2030 #BusinessOpportunities #InvestInSaudi #Funding #EconomicGrowth #KafalahProgram #Innovation #BusinessDevelopment #GlobalBusiness #FDI

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The most prominent expected amendments to the Saudi Investment Law: Freedom to transfer funds without delay. Cancellation of foreign investor licenses and their replacement with a “simplified” registration process. Dedicated service centers will be opened to help speed up the investment process in the Kingdom of Saudi Arabia. Issuing special visas for investors, establishing special economic zones with lower tax rates, and introducing new laws related to civil transactions and bankruptcy. It is worth noting: The Kingdom received $4.5 billion in the first quarter and is targeting inflows of $29 billion for 2024. FDI inflows amounted to more than $19 billion in 2023, which is higher than the annual average of $17 billion between 2017 and 2022. The Kingdom aims to attract more than $100 billion in FDI annually by 2030.

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#Bloomberg - Investors Pile Into #Saudi IPOs With $176 Billion in Orders (28th May) "• Four Saudi Arabian companies have drawn a combined 659 billion riyals ($176 billion) in orders for their initial public offerings, as fund managers flocked to share sales that have offered near-guaranteed returns over the last two years. • The level of demand was “somewhat inflated as investors adapt to smaller allocations,” he added. The high oversubscription levels in Gulf #IPO's have led to frustration both among international and local investors as their allocations get scaled back. • “The high demand can be attributed to several factors: an influx of #hedgefund managers, substantial appetite from retail investors facilitated by up to 10 times leverage from banks, and the ease of subscribing through digital channels,”. • The high levels of demand for the kingdom’s IPOs are also driven by their performance. Of the 61 companies that went public in the last two years, 17 rose by the maximum permitted 30% on their first day of trading, data compiled by Bloomberg show. • In the same period, IPOs in #Europe that raised at least $100 million, have on average delivered returns of 5.2%."

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🌍 Why National Strategies Matter: A Look at Saudi Vision 2030 A well-defined national strategy is crucial for any country, and Saudi Vision 2030 is a perfect example of its importance. Here’s why: 1. **Long-Term Vision:** Vision 2030 sets a clear roadmap for Saudi Arabia’s transformation, moving from oil dependence to a diversified, sustainable economy. 2. **Economic Growth:** The strategy focuses on economic diversification, developing sectors like tourism, tech, and entertainment, and attracting global investments. 3. **National Security:** It strengthens Saudi Arabia’s security, ensuring resilience against regional and global challenges. 4. **Social Cohesion:** Vision 2030 promotes inclusiveness, gender equality, and cultural development, enhancing the quality of life for all citizens. 5. **Global Competitiveness:** By investing in education, technology, and international partnerships, Saudi Arabia is positioning itself as a global leader. 6. **Environmental Sustainability:** The vision integrates sustainability into development plans, focusing on renewable energy and environmental protection. 7. **Efficient Resource Use:** Through public sector reforms, Vision 2030 ensures that resources are used effectively and transparently. 8. **Public Confidence:** By addressing key challenges and fostering transparency, Vision 2030 builds public trust and ensures long-term stability. Saudi Vision 2030 isn’t just a plan; it’s a blueprint for the future, driving the Kingdom towards prosperity and global leadership. 🌟 #Vision2030 #SaudiArabia #NationalStrategy #EconomicGrowth #Sustainability #GlobalLeadership

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Financial district in the city of Riyadh focused Kinng Abdulla Financial district(#KAFD) is the world class working spaces .It helps the Saudi Arabian GDP to grow every year. What is KAFD? it's the financial institution own regulations and jurisdiction.It mainly focused on the Financial activities, If you focused on the #Fintech or any #edutech #IT company to starting their business in #SaudiArabia, it's the best place to start your financial related business. Who own #KAFD PIF own this Finacial district. What you are looking to start here? Send me a Direct messages for more information. Comment your questions? I can replay to you. #saudivision2030 #startups #businesssetup

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Can a company enter the Saudi market with 𝗭𝗘𝗥𝗢 investment? Saudi FDI attraction strategy clearly favors large international companies. It is not a coincidence that many of them have already announced their ambitious expansion plans to the Kingdom. The smaller companies who do not have hundreds of thousands of dollars to invest in their business relocation, face a dilemma: stay away or find an alternative. Fortunately, the Saudi market now presents four different ways of signing the first clients without investing in business setup and team relocation. They are: 𝗟𝗼𝗰𝗮𝗹 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀. By finding the right partners and sharing part of your margin you can avoid setting up a company in Saudi Arabia until you have a stable cash flow and are ready to reinvest it into solidifying your presence in KSA. 𝗦𝘁𝗮𝗿𝘁𝘂𝗽 𝗽𝗿𝗼𝗴𝗿𝗮𝗺𝘀.If you are a technology company, even if you dont position yourself as a startup, but have an IT product that can be scaled to the Saudi market, you can separate a team into a startup and apply for one of the government startup accelerator programs like GAIA, Misk500, Taqadam etc. If you qualify, they will provide you funding for setting up a company and access to large government clients. 𝗗𝗶𝗿𝗲𝗰𝘁 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝗶𝗻𝗴. If you aim to work with private sector clients, they are more flexible to hire your company from overseas, with no local presence requirement. For that option you need to have a strong digital profile, and a compelling value proposition. Proven track record with big global brands in your industry would be an advantage. 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽𝘀. This way of entering the Saudi market usually implies working on a revenue sharing model. It is very common among large entities, both government and private, with a big customer base, i.e. telecoms, banks, delivery companies, retail chains etc. #saudiarabia #saudibusiness #businessadvice

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The #chocolate #market in #Saudi #Arabia is set to #experience remarkable #growth over the next decade. Valued at an impressive 𝐔𝐒$ 𝟏,𝟎𝟐𝟎.𝟏𝟔 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 in 2023, it is projected to soar to 𝐔𝐒$ 𝟏,𝟓𝟔𝟑.𝟕𝟏 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 by 2032, driven by a robust 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟒.𝟖𝟔% from 2024 to 2032. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞 -https://lnkd.in/g89jhYiH This surge reflects the evolving #consumer preferences, increased disposable incomes, and a growing penchant for premium and artisanal #chocolates. As the #market expands, #opportunities abound for #innovation, #sustainability, and unique flavor profiles tailored to discerning #tastes. 𝐓𝐨𝐩 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚 𝐂𝐡𝐨𝐜𝐨𝐥𝐚𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 Lindt & Sprüngli Endangered Species Chocolate FERRERO S.P.A. Ghirardelli Chocolate Company Guylian Belgian Chocolate Café La Maison du Chocolat Läderach NEUHAUS& COMPANY 𝐎𝐭𝐡𝐞𝐫 𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 For #businesses and #investors, this #growth trajectory signals a #prime #opportunity to tap into a #dynamic and lucrative market. Stay tuned as we witness the sweet #evolution of Saudi Arabia's #chocolate #industry! #SaudiArabia #ChocolateMarket #Growth #Innovation #BusinessOpportunities #MarketTrends

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Fostering B2B Investments - The Way Forward for Pakistan & Saudi Arabia: H.E. Khalid bin Abdulaziz Al-Falih, Saudi Arabia's Minister of Investment, is undoubtedly one of the strongest advocates for the enduring and robust bilateral relationship between Pakistan and the Kingdom of Saudi Arabia. Alhamdulillah, we share a brotherly bond and remain in continuous communication regarding issues related to both countries. I am confident that Saudi Arabia is not only committed to investing in Pakistan but also genuinely concerned about the long-term success and stability of our country. Over the past three years, I have worked tirelessly to build a narrative that emphasizes this tremendous opportunity while highlighting the dynamic, rapidly evolving face of Riyadh. Saudi Arabia’s transformation under Vision 2030 presents a rare and powerful moment for us to deepen our economic ties. However, the real challenge lies within Pakistan. Despite our vast potential, we have settled for achieving far less than we are capable of. Saudi Arabia today is a fundamentally different nation - bold, innovative, and forward-looking. To fully capitalize on Saudi Arabia’s vision and its growing appetite for investment, Pakistan must rethink and transform its approach. If we are serious about attracting meaningful, productive investments from Saudi Arabia, we must empower our private sector to take the lead in driving business-to-business (B2B) partnerships. The private sector holds the key to unlocking significant results and creating an investment-friendly environment. With the right focus and strategy, we cannot only strengthen our economic ties but also position Pakistan as a vital partner in Saudi Arabia’s ambitious future. During our two meetings, we reached a consensus on organizing a small delegation comprising leading Pakistani business houses to visit Riyadh. The Saudi Arabian Investment Minister and his team will host this select delegation, facilitating engagements with key stakeholders and sponsors from prominent Saudi family business groups. The objective of these B2B meetings is to explore joint ventures and investment opportunities that will benefit both nations. Public Investment Fund (PIF), Ministry of Investment, INVEST SAUDI, BOARD OF INVESTMENT, Nutshell Group

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Save the Date for the Future Banks Summit KSA! 📅 Exciting discussions and innovations ahead in banking. Don't miss out! For more info, reach out to me at [email protected] #FutureBanks #BFSI #FinanceInnovation #SaveTheDate

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