Saudi Arabia plans to be a world leader in gaming and esports economies
National Development Fund
Latest in National Development Fund
clean energy
Saudi Arabia’s largest solar project to receive $1.63bn in financing
The solar project located in Shuaiba in the Makkah Al-Mukarramah region is being funded by the Saudi National Development Fund (NDF)
Crude exporter
Saudi Arabia to shore up billions of dollars from higher oil prices for next year
Saudi Arabia has seen revenues soar on the back of $100 oil and rising production. If crude prices remain that high, the kingdom’s total oil exports may reach an estimated $287 billion in 2022
KSA
Saudi Crown Prince approves investment of $151.9 billion by 2030 to catalyse kingdom’s GDP growth
Saudi Crown Prince Mohammed bin Salman has directed the National Development Fund to target more than a threefold increase of non-oil GDP to reach $161.25 billion (SAR 605 billion) by 2030, while generating new job opportunities in the kingdom
Agricultural Development Fund
Saudi Arabia to establish national development fund
Fund will serve as an umbrella fund for existing social, industrial and agricultural funds