Riyadh – Mubasher: Saudi Arabia’s Public Investment Fund (PIF) has launched the National Security Services Company (SAFE) to develop and grow the kingdom’s private security sector through offering world-class security services in line with leading international standards and practices.
The establishment of SAFE is in line with PIF’s investment strategy to contribute to Vision 2030 by launching and developing new sectors, localising cutting-edge technology and knowledge, and enabling the private sector, according to a press release.
SAFE will provide security services such as security consulting, security solutions, training and development, and a range of specialised services.
Since 2016, PIF has created 10 new sectors, more than 30 new companies, and over 190,000 new jobs for the people of Saudi Arabia.