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Saudi Arabia is celebrating the one-year anniversary of the launch of its non-oil sector development strategy. During this period, many of the targeted goals have been achieved in improving the business environment, developing infrastructure, and enhancing economic diversification. The strategy has seen a 15% growth in investment rates, along with the issuance of more than 50 legislations to empower the private sector. The Kingdom aspires to realize its ambitious vision of increasing the contribution of the non-oil sector to 50% of the gross domestic product by 2030, through supporting small and medium enterprises and streamlining the procedures for establishment and operation.
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