Saudi Arabia

Saudia Group achieves global leadership in on-time performance with 91.33 percent arrival rate

New AI systems optimize flight planning, improving coordination across all the airline’s sectors 

Saudi Arabia’s industrial production index grows 1.5 percent in May on mining, manufacturing

The mining and quarrying sub-index rose by 2.1 percent year-on-year 

Saudi Arabia’s CMA approves key amendments to investment funds regulations to boost competitiveness, protect investor rights

Key amendments expand distribution categories, allowing electronic money institutions to distribute fund units 

Saudi Arabia strengthens ties with international partners to boost its role in advancing AI

Alswaha affirmed that Saudi Arabia has launched several initiatives to address global challenges in computing, data and algorithms

Saudi Arabia approves new law for foreign property ownership in designated zones starting 2026

The law permits non-Saudis to own property in designated zones, notably in Riyadh and Jeddah.

Saudi Arabia maintains top position in global IMD cybersecurity ranking in 2025

The Kingdom is classified as Tier 1 – “Role-modelling” in the Global Cybersecurity Index 2024 by ITU

Saudi Arabia’s construction output hits $148 billion in 2024, forecasted to reach $191 billion by 2029

Vision 2030 drives $215.4 billion in construction contracts across the Kingdom

Three scenarios for Middle East in 2035 show $232 billion AI-driven potential GDP boost: PwC

The Middle East can leverage renewable energy and AI for sustainable economic expansion

World Bank sees growth on the horizon in the GCC

The report highlights Oman’s fiscal consolidation as a noteworthy example despite it having one of the lowest projected growth rates in the region

Saudi Arabia’s e-commerce sales hit $18.5 billion in Q1 2025, up 56 percent YoY

The number of transactions via Mada cards exceeded 370 million during the quarter 

GCC-listed companies attract $4.2 billion in foreign inflows in Q2 2025, highest since Q4 2022

Saudi Arabia led June inflows with $971 million, followed by the UAE, Kuwait, and Qatar 

Saudi Arabia’s non-oil PMI climbs to three-month high of 57.2 in June as hiring growth surges

Employment levels surged sharply, marking the fastest rate of job creation since May 2011 

Cityscape Global returns to Riyadh in November 2025, set to draw over $5 trillion in capital with 450+ exhibitors

Under the theme “The Future of Urban Living,” the event is sponsored by MOMAH and REGA, organized by Tahaluf

Saudi Arabia and Indonesia sign deals worth $27 billion in energy, aviation fuel services

Bilateral trade between the two nations reached $ 31.5 billion during the past five years

Saudi Arabia boosts crude oil exports to highest in over a year ahed of OPEC meeting

The Kingdom's oil exports rose by 450,000 bpd in June, reaching 6.33 million bpd

Saudi Crown Prince approves multiple agreements with Italy, Russia for visa exemptions

Another agreement was signed with Algeria to combat organized crime and enhance security cooperation

Saudi Arabia puts micro-credentials at the center of a skills-first hiring revolution

98 percent of employers in the Kingdom adopting skills-based hiring practices

Saudi banks’ lending momentum accelerates 5.4 percent on corporate loan growth in Q1 2025

Saudi Arabia's aggregate loan-to-deposit ratio rose to 106.1 percent, the highest in recent quarters

Saudi Arabia’s PIF reports 18 percent asset growth reaching $1.51 trillion by 2024

The Fund announced 25 percent revenue increase driven by major portfolio companies

Grade A warehouse demand grows as Saudi Arabia transforms into global logistics hub

Kingdom's dynamic environment attracts significant capital from global institutional investors, who are moving away from Grade B/C warehouses

Saudi Arabia climbs 14 spots to rank 13th in global intellectual property rights enforcement

The Saudi Authority for Intellectual Property led efforts to enhance the IPR enforcement ecosystem.

Saudi Arabia’s unemployment rate hits new low of 2.8 percent in Q1 2025

The unemployment rate among Saudi citizens in the first quarter of 2025 reached 6.3 percent

How Saudi Arabia accelerated Vision 2030 in 2025: Major projects, global forums, and FIFA World Cup 2034 hosting win

The Kingdom is diversifying its economy with strategic investments in tourism, entertainment, and technology sectors