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  • Sectoral investment analysis for Saudi Arabia

    This study aims to investigate the determinants of short- and long-run private investment behavior in Saudi Arabia for eight non-oil sectors. Saudi Arabia is currently proceeding with its Vision 2030 reform plan, which aims to significantly increase the private sector’s contribution to the country’s gross domestic product. Thus, analyzing private investments at the sectoral level is important for Saudi Arabia.

  • Saudi Arabia local industry secured $21 billion in investment in 2021-minister

    Saudi authorities say much of the plan is still in its initial phase and money will increasingly start pouring into the kingdom over the next few years. The minister said the kingdom is ready to work with Western companies or others, regardless of their origins, as long as they "share a long-term view" and "have the right technology needed in the kingdom".

  • Saudi Arabia local industry secured $21 billion in investment in 2021

    Saudi Arabia attracted 81 billion riyal ($21.6 billion) of investments in the industrial sector in 2021 for both the private sector and joint ventures with government entities, the Saudi industry minister said on Monday. The kingdom has set itself high targets for diversifying its economy and reducing its dependence on oil, pouring hundreds of billions of dollars into a plan called Vision 2030 initiated by de facto ruler Crown Prince Mohammed bin Salman.

  • U.S. Clean Energy Draws Record $105 Billion in Private Investment

    The investment influx is 11% higher than 2020 and represents a 70% surge during the past five years, according to an annual report by BloombergNEF and the Business Council for Sustainable Energy. The private backing into U.S. assets including wind farms and solar plants represents about 14% of the $755 billion in global private investment made last year.

  • GCC needs $50bn grid investments for big renewable push

    The GCC could require nearly $50 billion of grid-related investments to support proposed capacity additions from renewables, according to a whitepaper prepared by Frost & Sullivan for Middle East Energy 2022.

  • Saudi Aramco in talks on more investments in China

    "China is an important part of Aramco's base," Nasser told reporters on the sidelines of a conference in Saudi Arabia. "And we are currently in discussions with a number of our partners in China for more investment," he said, declining to disclose the nature or size of potential investments. Nasser said last year that Aramco expects opportunities for further investment in downstream projects in China - the world's biggest importer of crude oil - to help the country meet its needs for heavy transport and chemicals, as well as lubricants and non-metallic materials.

  • Saudi Arabia sees a 770% growth in venture capital investments

    Investments in Saudi Arabian startups grew by 770 percent in 2021, reaching a record-high of SR2 billion ($548 million), a new report showed. This was up from SR236 million in 2018, according to a Saudi Venture Capital Impact Report. It also revealed the number of investors in Saudi startups rose by 192 percent, reaching 76 in 2021, up from 26 three years earlier.

  • Saudis seek $4 billion investment in aquaculture

    The head of Saudi Arabia’s National Fisheries Development Program (NFDP) has reiterated his plans to attract over $4 billion of foreign and local investment into the country’s aquaculture sector.

  • Fitch Rates Public Investment Fund of Saudi Arabia ‘A’; Outlook Stable

    PIF receives regular support from the government of Saudi Arabia, including capital injections. For the last three years the government's cash injections to PIF totalled SAR288.8 billion (USD77 billion) and represented on average close to 10% of the fund's total assets.

  • Ranked: The Top 10 Countries by Energy Transition Investment

    In 2021, the world spent $755 billion on deploying low-carbon energy technologies, up 27% from the year prior. This graphic highlights the top 10 countries by low-carbon energy investment in 2021 using data from BloombergNEF.