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Saudi Arabia’s National Development Fund (NDF) has secured $1.3 billion in credit facilities through agreements with Al-Rajhi Bank and Arab National Bank to support development projects across the Kingdom.
The deals aim to empower the NDF’s 12 affiliated institutions, boost private sector growth, and advance Saudi Vision 2030 goals.
Focused on infrastructure, energy, and technology, the initiative promotes sustainable development and public-private partnerships, reducing reliance on government funding while accelerating national transformation.
,SaudiVision2030 ,NDF ,PublicPrivatePartnership ,SaudiArabia ,EconomicGrowth ,Infrastructure
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