Saudi Press

Saudi Arabia and the world
Monday, Jun 02, 2025

Riyadh forum outlines investment opportunities

More than 5,000 investment opportunities in different regions and sectors of the Kingdom were unveiled at the second session of the Municipal Investment Forum, FURAS, which is being held at the Riyadh International Convention and Exhibition Center.

The two-day forum, which will conclude on Jan. 26, is hosting 25 dialogue sessions, more than 50 specialist workshops on issues related to investment in cities, and will include about 100 speakers and experts.

It was inaugurated by the Minister of Municipal, Rural Affairs and Housing Majid Al-Hogail.

Al-Hogail said that investments contribute to achieving the goals of the Kingdom’s Vision 2030 by providing qualitative services in Saudi cities, improving the urban landscape, developing and diversifying recreational opportunities, making state-owned assets available to the private sector, developing the activities of other sectors, and increasing the contributions of small and medium enterprises.

Ministries have made efforts to automate technical procedures through a unified platform to help investors, such as procuring licenses from the Balady platform to work in the municipal sector, or optimizing investment opportunities through the FURAS portal and other licensing platforms serving the tourism, entertainment and other sectors.

The Minister of Municipal, Rural Affairs and Housing Majid Al-Hogail, (left), Saleh Al-Jasser, Minister of transport, (center), Minister of Investment Khalid Al-Falih.

Khalid Al-Baker, CEO of Quality of Life, said that private sector investment and support for entrepreneurs are important factors in diversifying local goods and services, and in investing in sustainable projects and initiatives to achieve financial efficiency.

He said that allowing investors to enter the local market has helped the cinema sector meet all its targets.

The tourism and leisure sectors have great potential and are attracting thousands of companies, Al-Baker said.

Qatar, participating in the forum as the guest country, outlined its experience of organizing the FIFA World Cup 2022, and highlighted the role of the private sector and investment opportunities in the development of cities, infrastructure and improving the quality of life of the population.

On the sidelines of the forum, the Substitute Investment Forum brought together more than 60 potential owners and financiers, and witnessed the launch of a number of pilot programs and projects.

The Ministry of Environment, Water and Agriculture signed an agreement with the Tourism Development Fund and the National Center for Vegetation Development and Desertification Control to invest in Saad National Park, 100 km east of Riyadh.

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
UAE Offers Free ChatGPT Plus Subscriptions to Citizens
Lebanon Initiates Plan to Disarm Palestinian Factions
Iran and U.S. Make Limited Progress in Nuclear Talks
The Daily Debate: The Fall of the Dollar — Strategic Reset or Economic Self-Destruction?
Trump Administration's Tariff Policies and Dollar Strategy Spark Global Economic Debate
OpenAI Acquires Jony Ive’s Startup for $6.5 Billion to Build a Revolutionary “Third Core Device”
Turkey Weighs Citizens in Public as Erdoğan Launches National Slimming Campaign
Saudi-Spanish Business Forum Commences in Riyadh
Saudi Arabia and Spain Sign MoU to Boost SME Sectors
UK Suspends Trade Talks with Israel Amid Gaza Offensive
Iran and U.S. Set for Fifth Round of Nuclear Talks Amid Rising Tensions
Russia Expands Military Presence Near Finland Amid Rising Tensions
Indian Scholar Arrested in Crackdown Over Pakistan Conflict Commentary
Israel Eases Gaza Blockade Amid Internal Dispute Over Military Strategy
President Biden’s announcement of advanced prostate cancer sparked public sympathy—but behind closed doors, Democrats are in panic
A Chinese company made solar tiles that look way nicer than regular panels!
Indian jet shootdown: the all-robot legion behind China’s PL-15E missiles
The Chinese Dragon: The True Winner in the India-Pakistan Clash
Australia's Venomous Creatures Contribute to Life-Saving Antivenom Programme
The Spanish Were Right: Long Working Hours Harm Brain Function
Did Former FBI Director Call for Violence Against Trump? Instagram Post Sparks Uproar
US and UAE Partner to Develop Massive AI Data Center Complex
Apple's $95 Million Siri Settlement: Eligible Users Have Until July 2 to File Claims
US and UAE Reach Preliminary Agreement on Nvidia AI Chip Imports
President Trump and Elon Musk Welcomed by Emir of Qatar Sheikh Tamim with Cybertruck Convoy
Strong Warning Issued: Do Not Use General Chatbots for Medical, Legal, or Educational Guidance
Saudi Arabia Emerges as Global Tech Magnet with U.S. Backing and Trump’s Visit
This was President's departure from Saudi Arabia. The Crown Prince personally escorted him back to the airport.
NVIDIA and Saudi Arabia Launch Strategic Partnership to Establish AI Centers
Trump Meets Syrian President Ahmad al-Shara in Historic Encounter
Trump takes a blow torch to the neocons and interventionists while speaking to the Saudis
US and Saudi Arabia Sign Landmark Agreements Across Multiple Sectors
Why Saudi Arabia Rolled Out a Purple Carpet for Donald Trump Instead of Red
Elon Musk Joins Trump Meeting in Saudi Arabia
Trump says it would be 'stupid' not to accept gift of Qatari plane
Quantum Computing Threatens Bitcoin Security
×