Investing in #SaudiArabia:

By Mohammed AlQahtani

Chief Executive Officer of Saudi Arabia Holding Co. Private Equity and Financial Investment.

1. Economic Growth: Expected to grow by 7.7% in 2023, as per the IMF report of October 2022. This positions Saudi Arabia as the fastest-growing economy in the G20.

2. Global Competitiveness: Saudi Arabia advanced by 25 positions in the 2023 Global Competitiveness Index by the World Economic Forum, ranking 2nd in the G20 and 6th globally.

3. Work Productivity: Labor productivity in Saudi Arabia grew by 12.5% in 2022, the highest in the G20.

4. Economic Integration: Invited to join BRICS, the second-largest international economic group, in October 2022.

5. Water Management Leadership: Saudi Arabia established the world’s first international water organization in January 2023.

6. Oil Market: Saudi Arabia has the world’s second-largest proven oil reserves, around 380 billion barrels, and the second-largest proven gas reserves, about 298 trillion cubic feet.

7. Economic Transformation: Saudi Arabia is implementing Vision 2030, aiming to diversify the economy and enhance women’s economic participation.

8. Improved Regulatory Environment: The Kingdom established the General Investment Authority to facilitate investments. They’ve introduced various incentives for foreign investors, including tax breaks and visa facilities.

9. Infrastructure: Massive investments in infrastructure, such as highways, railways, airports, and ports.

10. Technological Advancement: Saudi Arabia is investing heavily in technology, aiming to be a top hub for tech firms and startups.

11. Large Domestic Market: Saudi Arabia boasts a vast domestic market, with a population nearing 35 million. A significant portion of this population is young, sporting an average age of 24.

12. Economic Cities: Saudi Arabia has inaugurated multiple economic cities, such as NEOM and The Line, tailored to attract foreign investment and job creation.

13. Government Support: The Saudi government offers significant support to startups, encompassing financing and training. Moreover, they’ve launched business-friendly reforms.

14. International Alliances: Saudi Arabia has forged strong ties with numerous global nations and participates in several international trade agreements.

15. Digital Transformation: Saudi Arabia aspires to be at the forefront of digital transformation, investing in AI, cloud computing, and 5G.

16. Saudi Vision 2030: The Vision 2030 strategy emphasizes local content and enjoys backing from the Saudi leadership.

17. Efficient Government: Saudi Arabia is steered by an efficient government committed to bolstering economic growth.

18. Governmental Support Funds: Saudi Arabia provides various funds, offering concessional loans for pioneering projects.

19. Support for Investment Companies, Private Equity, and Venture Capital: The Saudi government fosters growth through finance initiatives and tax benefits.

20. Technological Progress: Saudi Arabia clinched the top spot worldwide in governmental AI implementation, as per a 2022 McKinsey report.

Mohammed AlQahtani, has an impressive track record in the private equity and financial investment sectors, AlQahtani has emerged as a leading business figure in Saudi Arabia. As the CEO, he not only drives the company’s strategic direction but also oversees its diverse investment activities.

Through his wealth of experience and unparalleled expertise, AlQahtani has firmly established himself as a prominent and influential leader in the Saudi Arabian business landscape.

Hope you have enough reasons to invest in Saudi Arabia!

@MohammedAbbasi