Saudi Arabia positioning itself as ‘world’s leading investment opportunity’: Expert

Saudi Arabia positioning itself as ‘world’s leading investment opportunity’: Expert

Saudi Arabia continues to position itself as “the world’s leading investment opportunity” with an unrivaled, fast-growing entrepreneurial landscape and “significant” venture capital opportunities, Sovereign PPG’s Managing Director, told Al Arabiya English.

“The Kingdom of Saudi Arabiacontinues to pro-actively position itself as the world’s leading investment opportunity. It is clearly becoming a destination of choice, particularly for businesses, as the government continues to implement reforms and regulations to attract physical talent and operations to Saudi,” said the firm’s Managing Director Paul Arnold.

For the latest headlines, follow our Google News channel online or via the app.

Under Saudi Vision 2030 – a transformative economic and social reform blueprint launched and initiated by Crown Prince Mohammed bin Salman in 2016 – the National Transformation Program is almost halfway through its five-year objectives. It is “successfully delivering on social and economic changes that are noticeably re-shaping the Kingdom,” Arnold added.

With many ambitious projects on the horizon, such as NEOM and ‘THE LINE’ city and the restoration of biodiversity in many parts of the Kingdom, including in ancient cultural heritage site AlUla, among several others, Saudi Arabia is undergoing a radical transformation like no other.

Earlier this month, the International Monetary Fund (IMF) said that the Kingdom is