Looking inward

Saudi crown prince calls on private sector to support diversification plan

Saudi Crown Prince Mohammed bin Salman has announced a new programme that aims to empower the local private sector to reach 5 trn riyals ($1.3 trn) of investments between now and 2030 as the kingdom pushes to diversify the economy away from oil.

The programme is called “Shareek” (Arabic for “partner”), and it is part of a larger $7 …

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