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Saudi Arabia witnessed a rise in export sales, which was another factor behind the sharp increase in total new orders
First development under Red Sea Residences revealed to date is located on the Shura Island
In 2024, Saudi Arabia’s economy rebounded, with real GDP increasing by 1.3 percent year-over-year
The signing followed a meeting where Prince Abdulaziz and the INTERPOL president discussed mutual interests
STC Bank will provide several financial products and solutions that will contribute to elevating banking services
The authority emphasized the crucial role of over 2,000 certified Saudi seafarers in advancing the sector
Offering was four times oversubscribed, with an order book of approximately $16 billion
The train features 14 carriages with 34 luxury suites for an exclusive traveler experience
The contract lasts 18 months for execution, followed by 15 years of operation
Deal marks NEOM's first corporate ECA financing and the largest untied financing ever guaranteed by SACE
The ownership of natural and legal persons jointly who do not hold Saudi nationality shall not exceed 49 percent of the company's shares
Saudi-Italian high-level roundtable resulted in the signing of 26 memoranda of understanding across key industries
"What we'll spend in the economy from the start of Vision 2030 to 2030 is 12 times that number," Alibrahim said
Last year, the WEF special meeting in Saudi Arabia focused on global collaboration, growth and energy
The upcoming centers in Muscat, Pretoria and Riyadh will tackle critical global challenges with innovative solutions
The services sector represents approximately 65 percent of the world’s GDP
E-commerce dominated with 33 percent of total funding with a value of $247 million
The Kingdom saw a record influx of nearly 30 million international tourists last year
The participation supports the WEF 2025 theme “Collaboration For The Intelligent Age”
Infrastructure projects and government-led construction will drive growth in tourism and leisure sectors
Prince Mohammed noted the U.S. administration’s ability to create unprecedented economic prosperity and opportunity through anticipated reforms
Saudi Arabia called on the international community to prioritize cooperation and dialogue to overcome challenges
Oil demand in 2025 is projected at nearly 106 million barrels per day, up from 104.6 million