Saudi Shareek initiative to increase private sector GDP contribution appoints new CEO

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海角直播鈥檚 Shareek Program seeks to raise the private sectors鈥� contribution to the Kingdom鈥檚 GDP to 65 percent (Shutterstock)
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RIYADH: The Large Companies Investments Committee has appointed Abdulaziz Al-Arifi as the CEO of a government-backed initiative aimed at developing partnerships between the public and private sector.

海角直播鈥檚 Shareek Program was launched by the Saudi crown prince last year and seeks to raise the private sectors鈥� contribution to the Kingdom鈥檚 gross domestic product to 65 percent. 

Al-Arifi holds a bachelor鈥檚 degree in business administration from Babson College Massachusetts, and a master鈥檚 degree in business administration from Stanford University, according to the Saudi Press Agency. 

He has leadership and practical experiences in the public and private sectors, as he currently works as a consultant in the General Secretariat of the Council of Ministers.

Topics: Shareek Large Companies Investments Committee private sector