Prince Khalid Al Faisal to Launch 1st Edition of Makkah Economic Forum, on Sunday

Jeddah, Prince Khalid Al Faisal, Advisor to the Custodian of the Two Holy Mosques and Governor of Makkah Region, is set to inaugurate on Sunday, the first edition of the 2-day Makkah Economic Forum, in the presence of Prince Abdullah bin Bandar bin Abdul-Aziz, Deputy Governor of Makkah Region and Chairman of the Supervisory Committee of the Forum, in Jeddah.

The forum will include nine sessions with 60 leading local, regional and international experts who will take part, in the meetings to come up with recommendations to upgrade the level of private sector participation and attracting more foreign direct investments to the kingdom, in order to raise domestic product, as the forum aims at enhancing the contribution of small and medium enterprises in economic development and reviewing opportunities and investment potentials of Makkah Region, especially as the Kingdom aspires to radically transform the economy through boosting the private sector share in the GDP from 40% to 65%, in line with the Kingdom Vision 2030.

Source: Saudi Press Agency