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NTP

Saudi and Russian CEOs discuss opportunities at Russia meeting

MOSCOW - Arab Today

The Council of Saudi Chambers (CSC) organized a networking meeting in Moscow on Wednesday for more than 100 Saudi and Russian CEOs to coincide with King Salman’s visit to Russia. Eng. Ahmed Al-Rajhi, CSC chairman, said he hoped the meeting would boost commercial cooperation and investment between the two countries. He added that an increase in meetings between Russia andRead more

Saudi Housing Ministry aims to increase rate of property

RIYADH - Arab Today

The Ministry of Housing has launched programs and initiatives to achieve Vision 2030 and the National Transformation Program (NTP) 2020. The ministry’s directives aim to give citizens the opportunity to own properties, improve the performance of the real estate sector and increase its production, promote real estate offers, and increase productivity to provide real estate properties in good condition andRead more

Vision 2030 will take Saudi Arabia into the future

Riyadh - Arab Today

With the launch of Vision 2030 and the National Transformation Program (NTP) 2020, Saudi Arabia has entered a new era of progress and prosperity which ensures integrated development in the Kingdom. In recent years, Saudi Arabia has witnessed a series of developments in the fields of education, health, trade, communications, science and technology. Launching Vision 2030 last year, Crown PrinceRead more

Energy minister opens Saudi pavilion at Astana Expo 2017

Riyadh - Arab Today

Saudi participation in Expo 2017 in Astana reflects the Kingdom’s drive to develop and use sustainable energy, said Minister of Energy, Industry and Natural Resources Khalid Al-Falih. The Kingdom is participating in the expo in the Kazakh capital with a wing supervised by the King Abdullah City for Atomic and Renewable Energy (KACARE), in cooperation with public and private energyRead more

Study identifies obstacles to growth of Saudi mining industry

Jeddah - Arab Today

Saudi Arabia’s mining sector is faced with six key obstacles to improving efficiency, according to a recent study. The study revealed that the biggest obstacles include the industry’s focus on the export of minerals as raw materials, instead of processing or manufacturing them. Other issues include the high cost and risk of investment in the sector, as well as theRead more

Vision 2030 is already the Most Ambitious Financial Programme

Riyadh - Arab Today

One year on from its launch, the Kingdom of Saudi Arabia’s Vision 2030 is already shaping up to be one of the most ambitious economic and social transformation programmes in the region’s history, according to experts attending the 12th Euromoney Saudi Arabia Conference in Riyadh today. More than 1,600 pre-registered delegates attended the first day of the conference, which sawRead more

Saudi telecom sector market hits SR180 bn

Riyadh - Arab Today

The volume of the telecom sector in the Kingdom is estimated at SR180 billion while capital investment is more than SR50 billion, said Abdulaziz Salem Al-Rwais, governor of the Communications and Information Technology Commission (CITC). Addressing a forum on the sector in Riyadh on Wednesday, Al-Rwais said spending on telecom and IT reached more than SR130 billion in 2016. HeRead more

Siemens finds localization advances business and society in line with Vision 2030

Riyadh - Arab Today

Vision 2030 is providing the momentum to propel Saudi Arabia toward a new era of prosperity. The government is therefore working even closer with the private sector to achieve the ambitious yet achievable goals of the vision and the related targets of the National Transformation Program (NTP). Currently, the Kingdom’s private sector contributes 40 percent to its GDP and theRead more

Vision 2030 impresses Belgian government and business community

Riyadh - Arab Today

The Kingdom is keen to implement policies deemed in compliance with its ambitious Vision 2030 and the National Transformation Program 2020 (NTP), participants in an event that discussed the best way to ensure energy efficiency said. Saud Al-Askar, deputy governor of the Saudi Standards, Quality and Meteorology Organization (SASO) for Quality and Conformity said in his address at the eventRead more

Vision 2030, NTP 2020 offer big hope for private sector, investors

Jeddah - Arab Today

Saudi Arabia’s Vision 2030 and National Transformation Program (NTP) 2020 have generated tremendous interest among investors and the private sector. The programs are being looked upon as a great opportunity for boosting the inflow of foreign direct investment as also for the private sector to play a contributory role in the Kingdom’s long-term goal of becoming the world’ major powerhouse.Read more