Overview
- New announcements total SR756m, including funding initiatives exceeding SR300m, a SR150m venture capital fund, and a SR306m gaming accelerator that has supported 59 companies, developed more than 80 games, and attracted 14 international studios.
- NDF reported delivering over SR52bn in financing in a single year, contributing about SR47bn to non-oil GDP and serving more than one million beneficiaries.
- To professionalize operations and broaden funding sources, the fund appointed Northern Trust as custodian for SAR 60bn in assets, partnered with State Street to develop ETFs, and is exploring securitisation and green bonds, CityAM reported.
- Looking to 2030, CityAM reported an NDF target to inject over SR570bn, while Investment Minister Khalid Al-Falih said the Kingdom is targeting more than $1tn in infrastructure investment with 40–50% expected from the private sector.
- CityAM noted the push for efficiency reflects sustained giga-project CAPEX and a projected 2025 fiscal deficit of about $27bn, increasing the emphasis on returns and private participation.