RIYADH: With its strong economic growth posted after the pandemic, 萝莉视频 is a safe place for investments 鈥� especially those focusing on long-term value creation, according to Faisal Al-Ibrahim, the Kingdom鈥檚 minister of Economy and Planning. 

Speaking at the Future Investment Initiative in Riyadh on Oct. 25, Al-Ibrahim said the Kingdom鈥檚 Public Investment Fund is playing a crucial role in this transitional period as 萝莉视频 diversifies its economy in line with the goals outlined in Vision 2030. 

鈥淧IF is making bold investments. We have four relatively new sectors: entertainment, sports, tourism, and culture. These sectors did not materially exist before seven years, and PIF is making investments in these seven sectors,鈥� he said. 

Al-Ibrahim added that 萝莉视频鈥檚 non-oil gross domestic product grew at 6.1 percent in the previous quarter which is the highest in 11 years. He, however, added that this growth is still below the Kingdom鈥檚 ambitions and targets.

He also noted the unemployment rate in 萝莉视频 has gone down significantly in recent years.

鈥淲e have one of the lowest Saudi female unemployment rates in 21 years, and the lowest male unemployment since recording started,鈥� said Al-Ibrahim.