The international conference ‘MOMENTUM 2025’, organized by the National Development Fund, takes place under the theme ‘Leading Developmental Transformation’, with the participation of a distinguished group of decision-makers, experts, and investors from around the world.
In a session attended today, Thursday, Ahmed Al-Khateeb emphasized the importance of enhancing international partnerships and adopting innovative solutions to accelerate sustainable development, pointing out the pivotal role that the Kingdom plays in leading developmental transformation in line with the objectives of Saudi Vision 2030.
He explained that Saudi Arabia has made significant efforts and played a leading role in comprehensive international development, believing in the importance of developmental cooperation to improve the standard of living and create sustainable development in various developing countries.
Al-Khateeb expressed his pride in what the Kingdom has embodied over the past fifty years through qualitative achievements in international development, resulting in the fund providing developmental aid exceeding 40 billion US dollars, supporting more than 1,200 developmental projects and programs in over 100 developing countries worldwide.
He explained that this support has had a very positive impact on the lives of hundreds of millions of individuals and communities, noting that international development is a fundamental pillar for building a more stable and prosperous world, as it contributes to enhancing social and economic growth and supporting countries in facing infrastructure and basic services challenges.
During his speech, Al-Khateeb pointed out that global reports and statistics, including the OECD ranking for 2025, indicate that more than 141 countries have received developmental aid to support their projects aimed at enhancing social and economic progress. He noted that the volume of developmental aid over the past five years has exceeded 1 trillion US dollars.
The third day focused on the role of the Saudi Fund for Development and its global impact, as well as the rapidly growing developmental needs worldwide, completing a series of sessions that covered vital topics over the past two days. The conference included more than 35 panel discussions with the participation of over 100 international speakers, in addition to an exhibition featuring more than 20 entities from both the public and private sectors.
It is noteworthy that the National Development Fund is responsible for the developmental finance landscape in the Kingdom and aims to develop the efficiency of the developmental funds and banks under its umbrella, totaling 12 developmental funds and banks. It ensures the alignment of their efforts and goals with the ‘Saudi Vision 2030’.
By enhancing coordination between the Kingdom’s developmental funds and banks, and boosting their activities and financial sustainability, the fund aims to direct private investments, unify governance and risk frameworks, and monitor program implementation to ensure that financing is growth-stimulating, scalable, and achieves a tangible and measurable impact.
