Inaugural Private Capital Forum concludes in Riyadh, highlighting Saudi Arabia’s growing clout

Inaugural Private Capital Forum concludes in Riyadh, highlighting Saudi Arabia’s growing clout
The event brought together over 500 experts and investors from around the world. X/@PCF_Saudi
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Updated 24 October 2025
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Inaugural Private Capital Forum concludes in Riyadh, highlighting Saudi Arabia’s growing clout

Inaugural Private Capital Forum concludes in Riyadh, highlighting Saudi Arabia’s growing clout

RIYADH: The inaugural Private Capital Forum, organized by the Saudi Venture Capital Co., concluded on Oct. 23 after two days of high-level discussions at the King Abdullah Financial District in Riyadh.

According to the Saudi Press Agency, the event brought together over 500 experts and investors from around the world, alongside more than 50 speakers comprising leaders in private investment, economists, and policymakers from within the Kingdom and abroad.

In his opening remarks, SVC Chairman Ammar Al-Khudairy emphasized the forum’s strategic significance. He stated that the event serves as a key platform to highlight the Kingdom’s rapidly growing status as a regional and international hub for private investment.

Echoing this sentiment, SVC CEO Nabeel Koshak noted that the forum contributes to the development of the investment ecosystem by building partnerships and enabling investors, fund managers, and innovative entrepreneurs.

The first day of the forum featured sessions focused on regulatory developments and promising opportunities within the Saudi market. 

A session titled “Saudi Arabia: Unleashing Private Investment Potential – The Vision, Developments, and Opportunities” set the stage for discussions.

Other panels explored the role of the National Development Fund in boosting private investment, strategies for investment allocation and distribution, value creation for fund managers, and modern trends in mergers and acquisitions.

The second day shifted its focus to the future of venture capital and venture debt in the early stages of company formation, examining their role in financing innovation and supporting entrepreneurs. 

A session on “Exploring Global Trends in Private Investment” provided insights from senior international investors on capital flows, market dynamics, emerging sectors, and the role of venture capital in shaping the global economic landscape.

The forum concluded with a consensus among participants that the private investment sector in the Kingdom is poised for accelerated growth.

This optimism is driven by a diversifying and increasing number of opportunities, fueled by a growing base of innovative small- and medium-sized enterprises built on creative business models.


Saudi Arabia’s non-oil sector posts strong growth as PMI hits 60.2 

Saudi Arabia’s non-oil sector posts strong growth as PMI hits 60.2 
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Saudi Arabia’s non-oil sector posts strong growth as PMI hits 60.2 

Saudi Arabia’s non-oil sector posts strong growth as PMI hits 60.2 

RIYADH: Saudi Arabia’s non-oil economy accelerated in October, with the Purchasing Managers’ Index climbing to 60.2, its second-highest level in more than a decade, signaling strong business growth momentum. 

The latest survey by Riyad Bank and S&P Global showed a sharp improvement in operating conditions across the Kingdom’s private sector, underpinned by solid demand, rising employment, and robust output growth.  

The October reading, up from 57.8 in September, highlights the sustained momentum of the non-oil economy as Vision 2030 reforms continue to drive diversification away from crude revenues. 

Speaking at the Future Investment Initiative in October, Saudi Arabia’s Minister of Economy and Planning Faisal Alibrahim said the Kingdom’s gross domestic product is expected to expand by 5.1 percent in 2025, supported by continued growth in non-oil activities. 

Commenting on the latest report, Naif Al-Ghaith, chief economist at Riyad Bank, said: “Saudi Arabia’s non-oil private sector recorded a solid improvement in business conditions in October, with the PMI rising to 60.2, marking one of the strongest readings in over a decade.”  

He added: “The acceleration was driven by broad-based gains in output, new orders, and employment, reflecting sustained demand momentum and continued strength in the non-oil economy.”  

Al-Ghaith noted that the latest survey results also indicate a strong start to the final quarter of the year, supported by both domestic and external demand. 

According to the report, the pace of growth in new orders received by non-oil companies accelerated for the third consecutive month in October, with 48 percent of surveyed firms reporting higher sales. 

Participating companies attributed the sales growth to improving economic conditions, a growing client base, and increased foreign investment. 

Output and employment also expanded sharply during the month, with job creation rising at the fastest pace in nearly 16 years.

Al-Ghaith said the persistent rise in new export orders highlights the growing competitiveness of Saudi firms and the progress achieved under ongoing diversification initiatives. 

“The rise in demand encouraged firms to expand production and workforce capacity at the fastest rate since 2009, as businesses expanded capacity to meet new workloads. Purchasing activity and inventories also increased, while suppliers’ delivery times continued to improve, reflecting efficient coordination and resilient supply chains,” he added.  

October data indicated a sharp rise in input costs for non-oil firms, driven mainly by wage increases from salary revisions and bonuses. 

On the outlook, companies remained optimistic, citing strong market demand, ongoing project work, and government investment initiatives. 

“Optimism is underpinned by solid domestic demand and the momentum of ongoing projects. Although some concerns persist around costs and competition, sentiment overall remains strongly positive, reflecting confidence in the economy’s continued expansion and the strength of the non-oil private sector,” concluded Al-Ghaith.