Riyadh – Mubasher: The king of Saudi Arabia, Salman bin Abdulaziz Al Saud, has agreed to earmark SAR 100 billion ($26.7 billion) from the kingdom’s reserves to the Saudi Public Investment Fund.
Such allocation would be used to endorse promising opportunities for both foreign and local investments, according to the Saudi Press Agency (SPA).
These opportunities will be particularly in the local market which would help building the private sector, economic growth, and the local economy.
This allotment will be invested in a number of stages within the Saudi Vision 2030 and its goals.
