Riyadh: The Public Investment Fund’s (PIF) strategic investments in the sports sector are yielding significant results, elevating Saudi Arabia’s presence on both continental and global stages. These are not just future promises; they are tangible achievements making history in Saudi sports. According to Saudi Press Agency, recent highlights include Al-Ahli

Dushanbe: President of the Republic of Tajikistan Emomali Rahman received here today Saudi Fund for Development (SFD) CEO Sultan Al-Marshad, who is on a visit to the country. They discussed the strong development ties between both sides spanning over 20 years, and ways to enhance development cooperation to finance vital

Riyadh: Assistant Minister of Finance for Macro-Fiscal Policies and International Relations Eng. Abdullah bin Abdulrahman bin Zaraah headed the Saudi delegation participating in the 4th International Conference on Financing for Development, held from June 30 to July 4, in Seville, Spain. In his address, the assistant finance minister stressed the

Madinah: The Principal Buyer has signed a Power Purchase Agreement (PPA) for the Yanbu Wind Energy project under the National Renewable Energy Program (NREP), with a total capacity of 700 MW and an investment exceeding SAR1.7 billion (approximately $458 million). The agreement was made with a consortium comprising MARUBENI Corporation

Yekaterinburg: Minister of Industry and Mineral Resources Bandar Alkhorayef will lead Saudi Arabia’s delegation at INNOPROM 2025, which will take place from July 7 to 10 in Yekaterinburg, Russia. Saudi Arabia is participating as a Partner Country in INNOPROM, one of Russia’s largest and most prominent international industrial exhibitions. The

Seville: The Islamic Development Bank (IsDB) Group organized a panel discussion titled ‘Financing the Future: Resilience, Reconstruction, and Innovative Financing in Fragile Contexts,’ featuring participation from Somalia and the United Nations Development Program (UNDP). This discussion took place on the sidelines of the Fourth International Conference on Financing for Development.