Hafar Al-Batin Investment Forum 2025 sees SAR 17 bn agreements signing

user icon
GHADA.ISMAIL
calender icon
Jan 8, 2025
article image

Riyadh – Sharikat Mubasher: The Hafar Al-Batin Chamber of Commerce, with the support of the Federation of Saudi Chambers, launched today the "Hafar Al-Batin Investment Forum 2025" at the headquarters of Hafar Al-Batin University, under the patronage of Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province.

Prince Saud bin Nayef emphasized that Hafr Al-Batin enjoys competitive investment advantages, making it an ideal destination for investors.

This aligns with the objectives of Vision 2030, as the province benefits from strong leadership support, infrastructure development, and its strategic location. These factors aim to attract investments and create job opportunities for Saudi nationals.

During the forum, seven investment agreements worth SAR 17 billion were signed to enhance development across various sectors. The event showcased investment opportunities in agriculture, healthcare, logistics, and infrastructure. It saw the participation of 24 governmental and private entities from 12 countries, with 19 speakers contributing to discussions in four-panel sessions.

Salman Al-Aqeel, Chairman of Hafr Al-Batin Chamber of Commerce, stated that the forum represents a turning point in the province’s development path.

The forum coincides with the launch of the Eastern Province Development Authority’s comprehensive plan for Hafar Al-Batin, which aims to attract investments worth SAR 47 billion, most of which are from the private sector, contributing about 11.3 billion riyals to the GDP and providing more than 60,000 new job opportunities.


Share

Related News

Robo-advisors manage assets worth over SAR 3.4 bn in Saudi Arabia
News
Calendar Icon
September 16, 2025
Robo-advisors manage assets worth over SAR 3.4 bn in Saudi Arabia
Read More
Tamara secures up to $2.4bn facility to scale credit & payments
News
Calendar Icon
September 16, 2025
Tamara secures up to $2.4bn facility to scale credit & payments
Read More
MI Technologies to finalize multiple partnership agreements at Money 20/20
News
Calendar Icon
September 16, 2025
MI Technologies to finalize multiple partnership agreements at Money 20/20
Read More
Foodics, Lean technologies empower restaurants with smarter financial solutions
News
Calendar Icon
September 16, 2025
Foodics, Lean technologies empower restaurants with smarter financial solutions
Read More
Alsahli: Safqah Capital offers high-yield investments with returns up to 16%
News
Calendar Icon
September 16, 2025
Alsahli: Safqah Capital offers high-yield investments with returns up to 16%
Read More
Aljadaan: Saudi financial market surpasses SAR 2.4 tn
News
Calendar Icon
September 15, 2025
Aljadaan: Saudi financial market surpasses SAR 2.4 tn
Read More
Ejada pacts with Newgen to deliver digital financial solutions in Kingdom
News
Calendar Icon
September 15, 2025
Ejada pacts with Newgen to deliver digital financial solutions in Kingdom
Read More
Saudi AI startup ETHAI launches to drive smart transformation
News
Calendar Icon
September 15, 2025
Saudi AI startup ETHAI launches to drive smart transformation
Read More
OMNIYAT raises $900mn in 2025 through Sukuk Financing
News
Calendar Icon
September 15, 2025
OMNIYAT raises $900mn in 2025 through Sukuk Financing
Read More
Bookme plans Saudi expansion with $20mn revenue goal
News
Calendar Icon
September 15, 2025
Bookme plans Saudi expansion with $20mn revenue goal
Read More