New sectors contribute to non-oil economic activities growth: Minister

Faisal Alibrahim, Minister of Economy and Planning

Minister of Economy and Planning Faisal Alibrahim said that new sectors are contributing to the growth of Saudi Arabia's non-oil economic activities.

At the seventh edition of the Future Investment Initiative (FII), Alibrahim attributed this contribution to Vision 2030, which helped diversify the economy, empower Saudi youth, and build strong institutions to withstand future challenges.

Saudi Arabia aims to attract real and human capital to benefit from the cleanest hydrocarbon energy, the cheapest renewable energy, and the most encouraging carbon removal solutions, as well as the activity of youth, the clarity of policies, local institutions, and others.