00:00Saudi Arabia's economic transformation is accelerating through the kingdom's ambitious
00:04Sharik program. Launched in 2021 under Vision 2030, the initiative aims to unlock nearly
00:115 trillion reels in private sector investment by the end of the decade. The goal is clear.
00:18Reduce dependence on oil and build a stronger, more diversified economy.
00:24Already, major Saudi companies have committed billions of reels into energy, manufacturing,
00:31logistics, mining, healthcare and technology projects across the kingdom. The first wave
00:36of Sharik-supported investments alone includes projects worth more than 190 billion reels
00:42and is expected to create over 64,000 jobs. Saudi Arabia is also expanding ports, strengthening
00:49supply chains, investing in artificial intelligence and boosting non-oil exports.
00:54As Vision 2030 moves forward, Sharik is becoming one of the kingdom's most powerful economic
01:00transformation engines.
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