Yousef said that the Kingdom entered a phase of economic diversification for nearly two decades, benefiting of $ 150 billion industrial investment base and more than 200 billion riyals non-oil exports, pointing out that the Kingdom's non-oil GDP has become a more than half of the total GDP in nominal terms and that the share of private sector in the non-oil activity exceeded one-third of non-oil GDP. It is worth mentioning that the Global Competitiveness Forum will be held this year under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and the presence of a number of international and local dignitaries.
