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PIF unveils National Security Services Company

Industrial

The Public Investment Fund (PIF) has launched the National Security Services Company (SAFE) to develop and expand the private security sector in Saudi Arabia

The company will provide security services in line with leading international standards and practices.

SAFE will focus on providing security services that include security consulting, security solutions, training and development, and a range of specialised services.

The company will integrate manpower and technology and, in addition to security services, will deliver training programmes that will help open up a wide range of employment opportunities for Saudis in the security services sector, providing attractive benefits for personal and professional growth.

SAFE’s establishment is part of 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.

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.