Latest news with #InvestSaudi
Mid East Info
08-07-2025
- Business
- Mid East Info
ROSHN Group Participates at INNOPROM 2025, Russia's Largest Industrial Trade Fair, to Promote Collaboration in the Real Estate Sector
Now in its 15 th year, INNOPROM International Industrial Exhibition is the main B2B event in Russia and globally year, INNOPROM International Industrial Exhibition is the main B2B event in Russia and globally The Kingdom of Saudi Arabia is the event's official Partner Country amid broad international participation ROSHN Group will be showcasing how it is leading in the development space by showcasing its various projects around the Kingdom Riyadh, Saudi Arabia,July 2025 – ROSHN Group, Saudi Arabia's leading multi-asset real estate developer and a Public Investment Fund (PIF) company, is participating for the first time at INNOPROM, Russia's largest industrial trade fair. Joining as part of the country's Invest Saudi trade delegation – the Kingdom is this year's official partner country for INNOPROM – ROSHN Group will be showcasing its developments and engaging in discussions with potential partners during the event, which is taking place in the city of Yekaterinburg, between the 7th and 10th of July. ROSHN Group is present at the Invest Saudi pavilion, where its executives will be sharing updates on the Group's progress to date in developing communities and destinations that raise quality of life. The Group is currently developing projects throughout Saudi Arabia, focusing on areas such as residential communities, retail and commercial offices, education, healthcare, hospitality and sports. With a mandate that includes raising the bar for development through innovation and supporting local content, ROSHN Group is redefining development. The International Industrial Exhibition, known as INNOPROM, is a dedicated business-to-business platform that connects manufacturers with buyers from across the globe. Attracting more than 100,000 visitors from 90 countries, it serves as a vital hub for fostering commercial relationships and industry collaboration. With a portfolio of large-scale, mixed-use developments across the Kingdom, ROSHN Group is exploring partnerships that support innovation and sustainability in real estate. The Group's expansive asset portfolio spans residential, commercial, retail, sports, education, hospitality components and more. At INNOPROM, ROSHN will spotlight the breadth and strategic significance of its developments, reinforcing its role in shaping the Kingdom's future. The Group will be present at the Kingdom of Saudi Arabia's pavilion throughout the event.
Zawya
08-07-2025
- Business
- Zawya
ROSHN Group participates at INNOPROM 2025, Russia's largest industrial trade fair
Now in its 15th year, INNOPROM International Industrial Exhibition is the main B2B event in Russia and globally The Kingdom of Saudi Arabia is the event's official Partner Country amid broad international participation ROSHN Group will be showcasing how it is leading in the development space by showcasing its various projects around the Kingdom Riyadh, Saudi Arabia – ROSHN Group, Saudi Arabia's leading multi-asset real estate developer and a Public Investment Fund (PIF) company, is participating for the first time at INNOPROM, Russia's largest industrial trade fair. Joining as part of the country's Invest Saudi trade delegation – the Kingdom is this year's official partner country for INNOPROM – ROSHN Group will be showcasing its developments and engaging in discussions with potential partners during the event, which is taking place in the city of Yekaterinburg, between the 7th and 10th of July. ROSHN Group is present at the Invest Saudi pavilion, where its executives will be sharing updates on the Group's progress to date in developing communities and destinations that raise quality of life. The Group is currently developing projects throughout Saudi Arabia, focusing on areas such as residential communities, retail and commercial offices, education, healthcare, hospitality and sports. With a mandate that includes raising the bar for development through innovation and supporting local content, ROSHN Group is redefining development. The International Industrial Exhibition, known as INNOPROM, is a dedicated business-to-business platform that connects manufacturers with buyers from across the globe. Attracting more than 100,000 visitors from 90 countries, it serves as a vital hub for fostering commercial relationships and industry collaboration. With a portfolio of large-scale, mixed-use developments across the Kingdom, ROSHN Group is exploring partnerships that support innovation and sustainability in real estate. The Group's expansive asset portfolio spans residential, commercial, retail, sports, education, hospitality components and more. At INNOPROM, ROSHN will spotlight the breadth and strategic significance of its developments, reinforcing its role in shaping the Kingdom's future. The Group will be present at the Kingdom of Saudi Arabia's pavilion throughout the event.
Arab News
10-06-2025
- Business
- Arab News
Maersk, Panattoni, JD Property sign major deals with Saudi entities at Munich logistics expo
RIYADH: Global supply chain players including Maersk, Panattoni, and JD Property signed agreements with Saudi entities at Transport Logistic 2025, underscoring the Kingdom's emergence as a key player in the sector. The deals — involving partnerships with firms such as GFS Express, Hefei Logistics Group, Scan Global, and Koppern — were unveiled as part of Saudi Arabia's expansive presence at the trade fair, held in Munich, Germany. Led by the National Industrial Development and Logistics Program and Invest Saudi, the Kingdom's pavilion brought together 22 key government and private sector stakeholders. Saudi Arabia has emerged as a central hub in the global logistics sector, with its market valued at $136.3 billion in 2024. It is also projected to grow at an annual rate of 6.5 percent, reaching $198.9 billion by 2030, according to Eurogroup Consulting. 'From hosting tech giants like Apple and iHerb in smart hubs to launching our national car Ceer, Saudi Arabia is becoming an industrial and automotive powerhouse,' said Suliman Al-Mazroua, CEO of NIDLP, according to a post on the organization's official X account. He added: 'This isn't just our story, it's an invitation to dreamers and innovators. The future is happening now.' Speaking at the three-day event that started on June 3, Al-Mazroua highlighted Saudi Arabia's economic diversification success. 'For the first time in our history, non-oil activities contribute 55 percent of Saudi Arabia's gross domestic product. This isn't a future target, it's today's reality,' he said. Key deals signed The first day of the exhibition witnessed the signing of several strategic agreements aimed at strengthening Saudi Arabia's logistics capabilities and fostering international cooperation. Among the key deals, GFS Express and Hefei Logistics Group inked a memorandum of understanding to enhance logistics collaboration and develop innovative supply chain solutions. SAL partnered with GCL to create specialized logistics solutions for the entertainment, sports, and arts sectors. MODON and JD Property agreed to work on advanced logistics infrastructure and the localization of tech solutions, while JTM, Silk Mile, and Assaat formed an investment partnership to establish a logistics joint venture in the Kingdom. MODON signed an MoU with US-based Panattoni to develop a logistics project in Jeddah, boosting supply chain efficiency. Further agreements included SPL, Scan Global, and Maersk collaborating to enhance air freight, delivery solutions, and digital logistics infrastructure, as well as NIDLP partnering with Germany's Koppern to explore the localization of roller press systems and compaction machines. The Saudi pavilion attracted strong interest from global investors, industry leaders, and technology partners as it highlighted the Kingdom's achievements in transport, logistics, and industrial development. These developments align with Saudi Vision 2030 goals to position the country as a leading global logistics hub connecting three continents. The event featured six specialized workshops covering infrastructure, digital transformation, and human capital development. A key session, 'It's Happening: Saudi Logistics Now,' emphasized the Kingdom's logistics transformation through public-private partnerships. Saudi Arabia continued to demonstrate its commitment to becoming a top-tier logistics and industrial destination, attracting global investors and innovators to join its growth journey.
Asharq Al-Awsat
20-05-2025
- Business
- Asharq Al-Awsat
Foreign Investment Creates over 39,000 Jobs Annually in Saudi Arabia
Saudi Arabia is attracting foreign direct investment (FDI) at a pace that is generating more than 39,000 jobs each year as the Kingdom's investment climate undergoes sweeping changes. The surge has driven the issuance of over 14,000 investment licenses in 2023 up sharply from just 375 in 2017. The Kingdom has emerged as a key global investment destination, fueled by efforts to create new opportunities for both local and foreign investors, protect their rights, and offer high-quality, streamlined services. This transformation has helped boost licensing activity, drive economic growth, and encourage partnerships between global and local entities. A recent report by the National Transformation Program (NTP), part of the Vision 2030 agenda, said that 74 investment agreements and memorandums of understanding (MoUs) were signed with global and regional partners last year, supporting the creation of more than 39,000 jobs. FDI inflows in 2023 reached 96 billion riyals ($25.6 billion), while the 'Invest Saudi' platform currently offers over 1,865 investment opportunities. The NTP aims to develop the infrastructure and enabling environment for public, private, and non-profit sectors to flourish. In 2023, the Ministry of Investment signed investment deals worth more than 3.7 billion riyals with countries including Mexico, the United Kingdom, China, Kuwait, the United Arab Emirates, India, and Canada. The deals span key sectors targeted by Vision 2030 such as water treatment, culture, industry, construction, real estate, and maintenance. These agreements support the broader goals of economic diversification and sustainable growth. Moreover, the number of multinational companies that established regional headquarters in Saudi Arabia reached approximately 570 last year, up from just 44 in 2021. In a bid to empower the private sector and simplify doing business, the NTP has led a series of economic reforms in collaboration with the Ministry of Commerce and other entities. These reforms aim to increase the contribution of SMEs, support entrepreneurs and home-based businesses, and improve the overall business environment. According to the report, 186 procedural and regulatory reforms were implemented to enhance the ease of doing business in the Kingdom. The share of international investors in Saudi startups reached 28%. The report also highlighted the launch of a platform by the Ministry of Investment, designed to enhance the investor journey. The platform conducts internal and external surveys to assess service quality, gather feedback, and issue reports that help develop procedures in line with global standards. It also tracks investor satisfaction and confidence in the Saudi business landscape. Launched in June 2016, the NTP is the first of the Vision 2030 implementation programs. It aims to achieve 34 strategic objectives, representing 35% of Vision 2030's total goals, through 317 initiatives led by seven key ministries and more than 50 participating entities. Progress is tracked through 80 performance indicators.
Arab News
22-04-2025
- Business
- Arab News
Saudi minister in China to explore education, research cooperation
RIYADH: Saudi Arabia's Education Minister Yousef Al-Benyan met leaders from various universities, institutes and research centers in China, the Saudi Press Agency reported on Tuesday. He was accompanied by Saudi Ambassador to China Abdulrahman Al-Harbi and Ministry of Education Undersecretary for International Cooperation Nasser Al-Aqeeli. The meeting, part of the minister's visit to Beijing, aimed to explore new avenues for cooperation to enhance the educational and research systems in both countries. The minister discussed promising investment opportunities in Saudi Arabia's public and private education sectors through the 'Invest Saudi' platform. The meeting also highlighted the Saudi government's scholarship program for Chinese students via the 'Study in Saudi' platform, along with efforts to expand admission opportunities for Saudi scholarship recipients in Chinese graduate programs. The Saudi and Chinese education ministries signed two memoranda of cooperation to exchange expertise in advanced curricula and provide scholarship programs for Saudi students in China. One memorandum secures seats for Saudi students in top Chinese universities, enhances scholarship programs, and increases opportunities for Saudi students in high-demand fields. The China Scholarship Council represented the Chinese Ministry of Education in the signing. The second memorandum, signed with the Chinese ministry's Center for Language Education and Cooperation, introduces Chinese language education in Saudi public schools starting this academic year. Experts from both nations will collaborate to develop a comprehensive curriculum. The Saudi minister also met Chinese counterpart Huai Jinpeng to discuss enhancing cooperation in general and higher education, exploring new opportunities, and exchanging expertise. The meeting reviewed expanding partnerships between Saudi and Chinese universities and research centers in scientific research, graduate studies, scholarships, and medical education and training. They explored investment opportunities for Chinese investors in the Saudi education sector, along with key opportunities in Chinese language education, e-learning, research, and innovation.
