Good News: MBS Just Signed Agreements Worth SAR 235 BILLION That Will Boost The Economy

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His Highness Crown Prince Mohammed bin Salman shook the entire Kingdom last night after signing some of 37 agreements worth SAR 235 billion that will help with the industrial, economical and energy industries.

The signing took place on the sides of the National Industrial Development and Logistics Program (NIDLP) on Monday, reports the Saudi Press Agency.

(Image Credit: @spagov)

This will create more than 1.6 million jobs in Saudi

Part of the agreements include a set of largescale deals in industries such as the military, ARAMCO and SABIC. The private sector was also offered more than 65 investment opportunities.

There are around 330 initiatives with logistics prepped, all to aid in the transformation of Saudi Arabia to lead the industrial power and fuel 12 sectors including energy, petrochemicals and other industries.

Considering the success of all these initiatives run well, more job openings are expected for the millions of Saudis looking for work.

Vision 2030, here we go!

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