Riyadh: Saudi Arabia’s Prime Minister and Crown Prince Mohammed bin Salman announced the launch of the ‘Downtown Saudi Company’.
Arab media Reports According to Saudi Arabia, new projects will be launched in 12 cities, including Madinah, Al Khobar, Al Ahsa, Burida, Najran, Jazan, Hail, Al Bahah, Arar, Taif, Dumat Al Jundal and Tabuk.
According to the report, the aim of the projects is to promote trade and investment in various cities, which has a positive impact on the local economy.
New projects will create employment opportunities and entrepreneurs will be able to expand their businesses in these cities and regions.
According to Arab media, the launch of SDC reflects the Crown Prince’s vision for development projects in different regions of Saudi Arabia.
The company’s strategy is aligned with PIF’s efforts to harness and activate growth opportunities in various sectors at the local level.
