Al-Rumayan emphasizes attracting foreign investment
The Public Investment Fund has focused on attracting foreign investment to the Kingdom, investing approximately €98 billion in Europe between 2017 and 2025. This has contributed to adding €70 billion to the GDP and creating about 160,000 jobs. The fund also plans to launch 140 European investment opportunities currently under study, with a total value reaching up to €10.4 billion by 2030. The emphasis is on diversifying investments across sectors such as tourism, manufacturing, and clean energy. Additionally, Aramco is expanding its global oil storage facilities while maintaining operations during crises.
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