Saudi Arabia

Saudi Arabia sees 20 percent surge in passengers in 2024 at 111 million

Number of flights increased to over 37 million last year, according to GACA President

Future Aviation Forum 2024 seals 47 agreements worth $19 billion

The Saudi aviation sector contributed $53 billion to the country's economy and supported around 958,000 jobs nationwide

Saudi Arabia’s crude oil exports hit 9-month high, reaching 6.413 million bpd in March

Data also showed that Saudi refineries' crude throughput fell in March by 0.115 million bpd to 2.560 million bpd

Saudi Arabia launches Saudi Summer Program 2024 to boost tourism sector

Program features over 550 tourism products and more than 150 special offers

Saudia Group orders 105 A320neo family aircraft from Airbus

The order comprises 12 A320neo and 93 A321neo aircraft

Aviation sector contributes $53 billion to Saudi GDP: Report

The sector supports 241,000 jobs, with a further estimated 717,000 jobs in the tourism sector

Saudi Arabia’s holdings in U.S. treasuries surge to $135.9 billion

This represents a 3.66 percent rise compared to the previous month

Saudi Arabia’s Ministry of Industry issues 12 new mining licenses in March 2024

The licenses cover 10 building materials quarry licences, one mineral ores surplus licence, and one reconnaissance licence

Cruise Saudi launches 335-metre floating resort AROYA Cruises

The ship accommodates over 3,362 passengers and includes 20 entertainment venues across 18 decks

Saudi Arabia port authority sees 8.6 percent rise in cargo handling to 27 million tons in April

Number of exported containers up 3.72 percent to 216,504 TEUs in April

Saudi Arabia maintains steady inflation rate of 1.6 percent in April 2024

Inflation in April was driven by a 10.4 percent increase in rental prices, largely due to a 9.4 percent jump in villa rents

Saudi Entertainment Ventures joins Qiddiya to enhance entertainment ecosystem

SEVEN spearheads 21 entertainment projects across 14 cities, with investments exceeding $13.33 billion

Saudi Arabia’s Diriyah seeks U.K. partnerships in business, development projects

Diriyah reiterates commitment to expanding its partnership portfolio across various sectors

Unemployment rate in Saudi Arabia’s labor market at 8.6 percent, women’s participation reaches 34.2 percent

Over 1,000 government employees received training at international agencies, enhancing their work effectiveness

China’s Ant International seeks expansion in Saudi Arabia

Agreement to facilitate cross-border mobile payment and trade, empower Saudi businesses

Saudi Arabia to launch $2 billion general aviation roadmap at Future Aviation Forum

The roadmap aims to increase the sector's contribution to GDP to $2 billion by 2030

Saudi Arabia plans $100 billion investment to develop aviation sector

Over $50 billion will go to developing the country's airports

Saudi Arabia’s liquidity rises 8.3 percent to $753 billion in March

Surge in demand deposits fuels Saudi Arabia's money supply growth

Saudi Arabia e-visa accessibility extended to Barbados, Bahamas, and Grenada

With this expansion, the total number of countries eligible for the E-visa has increased to 66

ATM 2024: Saudia, Red Sea Global partner to streamline travel experiences

Agreement aligns with RSG's vision of fostering responsible and sustainable development