King Saud University, represented by the King Abdullah Institute for Research and Consulting Studies, took part in the 11th edition of the Riyadh Economic Forum, held under the theme "An Extension of a Promising Economy." The university presented a comprehensive study titled "Stimulating Investment and Its Governance Through Differentiation in Government Policies Across Regions," aimed at achieving sustainable, comprehensive development across all regions of the Kingdom.

Study Themes and Objectives

The study presented by the institute focused on seven main objectives, including:

  1. Governance of government transactions: organizing processes to support innovation and cooperation across sectors.
  2. Updating regulations and procedures: designing policies that align with the unique characteristics of each region and governorate.
  3. Use of modern technologies: improving decision-making mechanisms through smart data analysis.
  4. Learning from successful experiences: applying best practices from regional and international experiences.
  5. Stimulating the local market: supporting national companies in developing innovative products and services.
  6. Improving service quality: raising the standard of services provided to citizens and residents.
  7. Enhancing the quality of vital facilities: supporting regional infrastructure to attract investment and improve quality of life.

Recommendations and Future Directions

The study concluded with a number of important recommendations, including:

  • Prioritizing investment incentives in regions with high potential.
  • Improving facilities and services in governorates to attract investors.
  • Strengthening the business environment in line with Saudi Vision 2030, through policies that support innovation and sustainability.

The University's Role in Economic Development

The university's participation in the forum affirmed its role as a distinguished knowledge hub, drawing on the expertise of its qualified academic staff to offer consulting and innovative solutions. These efforts fall within the framework of supporting Saudi Vision 2030 by transferring and applying knowledge to develop various sectors.

Recognition for the University

In a gesture of appreciation, the Ministry of Municipal, Rural Affairs and Housing honored King Saud University during the forum, in recognition of its research contributions and role in advancing economic development.