IsDB Group Annual Meeting Discusses Unlocking Economic Investment Potential of Saudi Vision 2030


Riyadh: Participants in a session titled “Unlocking Economic Potential: Strategic Integration of Trade, Insurance, and Investments for Vision 2030”, held on the sidelines of the Islamic Development Bank (IsDB) Group 2024 Annual Meeting, considered the session an essential part of the Saudi Vision 2030 strategy. This session contributes to achieving integration among various sectors and improving trade procedures to attract investors, enhance trade exchange, and provide innovative insurance solutions to deal with economic risks.

The session addressed Saudi Arabia’s efforts in economic development and support for key initiatives, its role in enhancing small and medium enterprises, and efforts to maximize facilities and support innovation and creativity.

Participants pointed out that directing investments and efforts towards achieving the ambitious vision’s goals highlights the added value provided by Saudi Arabia in promoting economic and social development at the local and international levels.

They also di
scussed the goals of Saudi Vision 2030, which have succeeded in achieving comprehensive development and prosperity by promoting economic diversity, developing new sectors for sustainable growth and income diversity, upgrading infrastructure to enhance service efficiency and improve the quality of life for citizens and residents, attracting direct investments, and stimulating economic growth.

Participants referred to Saudi Arabia’s potential and tangible achievements of the vision’s goals, including attracting direct investments, achieving significant advancements in various fields, continuous efforts towards achieving sustainable development, empowering innovation, and boosting competitiveness regionally and globally.

Source: Saudi Press Agency

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