NDF Secures 45 Agreements Worth SAR6 Billion at Momentum 2025

The National Development Fund (NDF) concluded the MOMENTUM 2025 Development Finance Conference with remarkable success, revealing the signing of 45 significant agreements and memoranda of understanding. These collaborations were established with top partners from Saudi Arabia, the region, and various global organizations. Taking place in Riyadh from December 9 to 11 under the patronage of His Royal Highness Prince Mohammed bin Salman, Crown Prince and Chairman of the NDF Board, the conference highlighted key developmental achievements.

The total worth of these new agreements is nearly SAR6 billion, showcasing a robust commitment to advancing Saudi Arabia’s economic landscape. These partnerships underline NDF's increasing role in enhancing the financial and investment environment within the Kingdom. The conference served to unite significant institutions and stakeholders, fostering cooperation and creating fresh avenues for financing development initiatives.

A primary objective of these agreements is to empower the private sector, fostering more business opportunities nationwide. The focus is on crucial areas such as small and medium enterprises, which are vital for job creation and innovation. By providing enhanced financial tools and resources, NDF aims to support private companies in expanding and contributing more effectively to the national economy.

The agreements also concentrate on a variety of priority sectors critical for sustainable growth. These sectors include tourism, culture, infrastructure, human capital development, and sustainability. Each sector possesses substantial potential for economic advancement, with the newly forged partnerships expected to facilitate increased investment, stimulate growth, and drive improvements across these industries.

Through these efforts, NDF continues to align with Saudi Arabia’s Vision 2030 objectives by broadening economic opportunities and promoting diverse investments. The MOMENTUM 2025 conference underscored NDF's dedication to enhancing development financing and accelerating investment initiatives. With these recent agreements, Saudi Arabia is set on a fortified trajectory towards establishing a more vibrant and sustainable economy.