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Samer Choucair: 4.5% Growth Strengthens Saudi Arabia’s Appeal Despite Global Uncertainty

Samer Choucair: 4.5% Growth Strengthens Saudi Arabia’s Appeal Despite Global Uncertainty

Investment entrepreneur Samer Choucair affirmed that international warnings related to escalating geopolitical tensions and the fragility of global debt conditions shouldn’t be viewed only as obstacles, but can be turned into strategic investment opportunities, particularly in Saudi Arabia, which continues implementing Vision 2030’s targets at an accelerating pace and strengthening its non-oil economic growth.

 

Choucair’s remarks came following statements by the Saudi Minister of Finance, in which he noted that the OPEC Fund for Development has an important opportunity to lead global sustainable development efforts, alongside the necessity of strengthening economic resilience and expanding the scope of development partnerships in infrastructure, energy, food security, and healthcare sectors.

 

Global Challenges Strengthen the Saudi Economy’s Appeal

 

Choucair said that the Saudi economy has continued proving its ability to handle global shifts, noting that the IMF raised its forecast for the Kingdom’s GDP growth during 2026 to 4.5%, placing Saudi Arabia among the three fastest-growing economies within the G20.

 

He added that the non-oil sector maintained stable growth rates ranging between 4% and 5%, alongside the private sector’s contribution to GDP approaching Vision 2030’s target of 65%.

 

He explained that the Kingdom has also succeeded in strengthening its investment appeal, with foreign direct investment flows rising 24% during 2024 to exceed 31 billion dollars, with continued efforts to achieve the target of attracting 100 billion dollars annually by 2030.

 

Vision 2030 Drives Investment in Technology and Sustainability

 

Choucair noted that Vision 2030 has driven investments toward future-facing sectors, pointing out that the Kingdom has seen notable expansion in data center, artificial intelligence, and renewable energy projects.

 

He explained that the spread of advanced technological facilities across various regions of the Kingdom reflects the scale of the economic transformation underway, affirming that these investments have turned many global challenges into genuine opportunities for investors seeking long-term, sustainable returns.

 

Samer Choucair: Saudi Arabia Among the Most Resilient, Attractive Economies

 

Choucair said that the Saudi economy has remained among the most resilient, attractive economies globally despite the economic pressures and geopolitical tensions the world is experiencing.

 

He added that Vision 2030 is no longer just a development plan, but has become a genuine economic driver opening broad horizons for investment in technology, clean energy, and digital infrastructure, strengthening the Kingdom’s ability to attract local and international capital.

 

The OPEC Fund for Development Strengthens Sustainable Investment Opportunities

 

Choucair affirmed that the OPEC Fund for Development stands before a historic opportunity to play a pivotal role in supporting sustainable development globally, explaining that this direction strengthens the appeal of investments tied to environmental, social, and governance (ESG) standards in the region.

 

He noted that Saudi Arabia has become among the most prominent countries adopting this investment approach, giving investors additional opportunities to benefit from global economic shifts.

 

AI and Data Centers Lead the Promising Sectors

 

Choucair explained that the data center and artificial intelligence sectors represent among the most important growth drivers in the coming years, noting that the Kingdom is moving at an accelerating pace toward becoming a regional hub for these vital industries.

 

He added that this direction enjoys strong support from the Public Investment Fund and various government incentives, which is e…