ANNOUNCEMENT & SIGNING CEREMONY

In a lively discussion, Majid El-Aid welcomes attendees to a significant event celebrating Saudi Arabia's economic journey. The first agreement is between the Saudi Minister of Investment and the International Finance Corporation, marking IFC's first government entity partnership globally. This agreement aims to enhance local and international investments, providing advisory services and financial assistance to the Saudi private sector. Another announcement involves the launch of the Saudi ETF in Japan, offering Japanese investors access to Saudi equities. Additionally, a collaboration between Saab Invest and Hang Seng Investment Management introduces a new ETF, granting investors in Saudi Arabia access to the Hong Kong market. The event also highlights a joint venture, BIM Capital, focusing on venture capital and private equity investments in Saudi Arabia and the Middle East. Furthermore, a partnership between PIF and Brookfield aims to accelerate strategic sectors in Saudi Arabia. Lastly, the CAFT monorail project is introduced, transforming urban mobility in Riyadh.