On November 25, 2024, Saudi Arabia inaugurated the 28th World Investment Conference in Riyadh, announcing nine significant investment deals exceeding SAR 35 billion under the Global Supply Chain Resilience Initiative (GSCRI). The event attracted over 300 stakeholders, highlighting Saudi Arabia’s crucial role in global value chains and its National Investment Strategy, which aims to secure SAR 150 billion in export-oriented projects by 2030. Key agreements include projects in mining, metals, and renewable energy, such as lithium extraction and solar thermal manufacturing. Minister of Investment Khalid Al-Falih emphasized the investments’ importance in enhancing domestic manufacturing and global supply chain integration.

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