Overview
- The conference concluded with the signing of 45 memoranda and agreements valued at roughly SAR 6 billion by the National Development Fund and its affiliated funds and banks.
- The deals span SMEs, tourism, culture, human capital, infrastructure and green growth, and include two strategic partnerships to expand AI, data and digital solutions across the development finance ecosystem.
- During the event, the NDF detailed SAR 756 million for gaming-focused programs, including more than SAR 300 million in new initiatives, a SAR 150 million venture fund and a SAR 306 million accelerator that has supported 59 companies and over 80 games while attracting 14 international studios.
- Saudi officials outlined plans for more than $1 trillion in infrastructure investment by 2030, with 40% to 50% expected to come from the private sector.
- The forum also highlighted the NDF’s recent operating metrics and the Saudi Fund for Development’s global role, citing over SAR 52 billion in annual financing, about SAR 47 billion added to non-oil GDP, and USD 40 billion in assistance over 50 years.