Tunisian president meets Saudi foreign minister in Tunis Prince Faisal co-chairs Saudi-Tunisian Political Consultation Committee meeting    Crown Prince to outline domestic and foreign policy priorities during Shoura Council address Wednesday    Hajj Ministry launches catering challenge to foster innovation in services to pilgrims    Saudi Arabia slams Israel's use of blockade and starvation as tactics to impose forceful displacement    PIF chief says Saudi transformation could outpace China's, outlines 'filtration' investment process The Fund to unveil its next five-year strategy soon    Arcapita acquires C&K Paving, expanding its global business services portfolio    Israel carries out attack against Hamas leadership in Qatar    Saudi Arabia strongly condemns brutal Israeli aggression on Qatar    French PM François Bayrou loses crucial confidence vote in parliament    Czech Republic and allies break up Belarus spy network in Europe    Anastacia: Arnold Schwarzenegger made me sing Whatta Man 12 times    Saudi Real GDP records growth of 3.9% in Q2 2025    PIF signs MoU with Macquarie Asset Management to boost investments in infrastructure and energy transition    Thousands pay their last respects to Giorgio Armani, private funeral on Monday    French doctor goes on trial for poisoning 30 patients, 12 fatally    The key to happiness    Gamers frustrated as Hollow Knight: Silksong crashes stores on launch    Mike Tyson and Floyd Mayweather Jr. set to meet in exhibition boxing match in 2026    Al Hilal sign Turkish defender Yusuf Akcicek on €22m deal until 2029    Al Qadsiah sign German midfielder Julian Weigl to strengthen defensive midfield    Al Ahli secure Flamengo starlet Matheus Gonçalves in long-term deal through 2027    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Al-Falih: Eastern Province hosts 700 investment opportunities worth SR330 billion
Published in The Saudi Gazette on 28 - 04 - 2025

JUBAIL — Minister of Investment Eng. Khalid Al-Falih revealed that the Eastern Province has more than 700 investment opportunities listed on the "Invest in Saudi" website, with a total value exceeding SR330 billion.
Addressing the Jubail Investment Forum 2025 on Sunday, the minister said that 34 international companies have decided to open their regional headquarters in the Eastern Region. Emir of the Eastern Province Prince Saud bin Naif inaugurated the Forum, which was organized by the Eastern Province Chamber of Commerce, in cooperation with the Royal Commission for Jubail and Yanbu, and in partnership with the Ministry of Investment.
Al-Falih emphasized that the ministry is continuously working with relevant sectors to identify and develop new investment opportunities in the region, in addition to marketing available opportunities at local and international conferences, and attracting local and international investors. It is also working in cooperation with the Saudi Investment Marketing Authority to attract investments.
The minister stated that the number of active foreign investment licenses issued by the ministry in the Eastern Province until the beginning of this year reached 5,456, saying that this contributed to the employment of more than 53,000 people, with a Saudization rate of 36 percent.
Al-Falih emphasized that the Eastern Province enjoys numerous strategic and competitive advantages, including its geographical location, the availability of natural resources, including abundant fossil and renewable energy, transportation and logistics facilities, integrated infrastructure, and a young and ambitious Saudi workforce. The region also possesses elements and components that make it an incubator for innovation at world-class standards, in addition to one of the most important elements of economic progress: the region's distinguished private sector system.
The minister said that these strategic advantages were reflected in the region's investment indicators, as it ranked first in terms of cumulative foreign direct investment in the Kingdom, accounting for approximately 42 percent, with a value of SR 366 billion.


Clic here to read the story from its source.