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The King Abdullah Petroleum Studies and Research Center (KAPSARC) is an advisory organization specializing in energy economics, climate, and sustainability that seeks to advance Saudi Arabia’s energy sector and inform global policies through evidence-based advice and applied research. [1]
Saudi Vision 2030 is a Saudi Arabian government program launched by Crown Prince Mohammed bin Salman in January 2016. The program aims to diversify the Saudi economy away from oil, in addition to transforming the country both socially and culturally. [1] This following is a list of all projects that were announced as part of Vision 2030: [2]
The National Transformation Program is an action plan put in place by the Saudi government to diminish the country’s economic dependence on oil.This five-year plan has three strategic objectives: public sector & fiscal reforms, economic diversification & enhancing the business environment and social reforms.
Saudi Vision 2030 (Arabic: رؤية السعودية ٢٠٣٠ ruʾyat al-suʿūdiyah alfayn thalāthūn, sometimes called Project 2030) is a government program launched by Saudi Arabia which aims to achieve the goal of increased diversification economically, socially, and culturally, in line with the vision of Saudi Crown Prince and Prime Minister Mohammed bin Salman.
The Ministry of Investment (MISA) (Arabic: وزارة الاستثمار), (previously the Saudi Arabian General Investment Authority SAGIA Arabic: الهيئة العامة للإستثمار), is a Saudi Arabian government ministry that oversees foreign investment in the country by issuing licenses to foreign investors.
The privatization program Saudi Vision 2030 is running behind schedule. Oil prices have doubled since the government began to consider the program in 2015. Delay in Aramco's initial public offering further demonstrated a lack of urgency to privatize, even though in July 2018, the International Monetary Fund urged accelerating the process. [75]
[1] [2] [3] It is enforced by the Saudi Export Development Authority through stylisation SAUDI MADE and is part of the National Industrial Development and Logistics Program (NIDLP). The initiative was launched by Minister of Industry and Mineral Resources Bandar bin Ibrahim al-Khorayef in March 2021 under the auspices of Crown Prince Mohammed ...
Saudi Aramco (Arabic: أرامكو السعودية ʾArāmkū as-Suʿūdiyyah), officially the Saudi Arabian Oil Company or simply Aramco (formerly Arabian-American Oil Company), is a majority state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia.