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FDI flows from France to Saudi Arabia amounted to more than SAR11.2 billion in 2023
Renault Group and Geely will each retain a 45 percent stake in the company
The K-Hub will focus on two primary areas: competitiveness and diversification
COP16 witnessed the launch of the Riyadh Global Drought Resilience Partnership with over $2 billion in pledges
UAE's economic growth is projected at 3.3 percent in 2024, driven by 4.1 percent non-oil sector growth
The Saudi Crown Prince's visit to the UAE emphasizes commitment to collaboration on regional and international issues amid global challenges
The Crown Prince congratulated the UAE President on 53rd Eid Al Etihad
Key tourism targets for 2025 include attracting 127 million visitors to support the goals of the National Tourism Strategy
The workforce in the R&D field increased by 12.2 percent, bringing the total number of employees to 49,337
By the end of 2023, tourism contributed 5 percent to GDP, with a goal of reaching 10 percent by 2030
Vision 2030 seeks to increase the sporting sector’s contribution to the Kingdom's GDP to $4.8 billion by 2030
Al-Jadaan projected a 4.6 percent growth rate for non-oil GDP in Saudi Arabia in 2025
The first phase will begin on December 1, while the last phase rollout will occur on January 5, 2025
It features 1678 cabins, 20 entertainment outlets, 29 restaurants and bars, and the highest shopping mall coverage of any cruise line in the world
The approved state general expenditures amount to SAR1.285 trillion ($342.07 billion)
Over the next ten years, the Jeddah Food Cluster is expected to contribute SAR8 billion to national exports and add SAR7 billion to the nation's GDP
The Kingdom ranked 20th globally in the Quality Infrastructure for Sustainable Development Index (QI4SD) 2024
This growth stems from the diverse events and entertainment options that have sparked significant interest
The sector reported several record highs in the last five years, including attracting over SAR1 billion in total revenues and over 75 million event attendees
This influx has driven rental prices up by 19 percent year-on-year
Diriyah expects to attract 50 million local visitors and international travelers annually in the future
Diriyah Company's Northern District will make the town a global center of learning for scholars, students, and visionaries
SDAIA Director of National Information Center noted that over 72 percent of organizations use AI for operational excellence
Privatization of key state-owned assets and consolidation in select sectors boosts market further
