Abdullah Al-Othaim inks SAR 25B pact to expand investments

09/02/2024 Argaam

Abdullah Al-Othaim inks SAR 25B pact to expand investments

The signing ceremony

The Ministry of Investment signed an agreement worth nearly SAR 25 billion with Abdullah Al-Othaim Investment Co., to discuss ways of cooperation and supporting the company to expand its local investments and develop several integrated tourist destinations.

 

On its official X account, the minister said the agreement targets the sectors of hospitality, malls, fashion, entertainment, food, sports, and artificial intelligence.

 

During the signing ceremony, a number of the company's plans and strategies, as well as the initiatives and capabilities provided by the ministry in line with Vision 2030 were reviewed.

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