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Saudi Arabia
Saudi Arabia
Saudi Arabia to establish SAR1 bn in satellite manufacturing facility
Saudi Arabia set to become a leader in the aerospace industry
Banking & Finance
Saudi Arabia leads MENA’s top 30 banks — S&P report
Seven banks from the country are collectively worth $805 billion
Hospitality & Tourism
Saudi raises tourism target to 150 mn visitors by 2030
Kingdom anticipates 100 mn tourists in 2023 to boost GDP growth
Industry
Saudi industrial sector’s success increased GDP by SAR340 billion
Industrial establishments up by 50 percent since the launch of Vision 2030
Economy
Future Investment Initiative enters second day: AI takes center stage on day one
AI could add 14 percent to global GDP
Hospitality & Tourism
Saudi Arabia launches its first water airport
Guests can now fly to The Red Sea aboard Saudi seaplanes
Economy
Amazon launches ‘Saudi Made’ storefront to promote local products
Program aims to boost small and medium-sized businesses
Real Estate
Saudi banks witness surge in mortgage lending
Residential loans increased to $1.9 billion in August
Economy
Saudi’s economy achieves record-breaking liquidity of SAR2.674 trn
50 percent rise since Vision 2030 inception
Miscellaneous
Saudi Crown Prince launches Esports World Cup
The tournament will be hosted in Riyadh annually, starting next summer
Health
Saudi Arabia commits $2.6 million to healthspan science research
11 Saudi researchers selected to receive grants
Economy
Future Investment Initiative to draw over 5,000 high-profile participants in Riyadh
Forum tackles global challenges: Climate, economics, and technology
Saudi Arabia
SAMA’s FinTech strategy targets SAR13 bn contribution to Kingdom’s GDP by 2030
Saudi aims to raise the number of FinTech companies to 525
Logistics
Saudi unveils ambitious plan for 60 logistics zones by 2030
Enhancing global interconnection
Economy
Building a resilient labor market amidst growing challenges
Saudi Arabia’s Vision 2030 plays a major role in promoting a robust labor market
Energy
Gulf’s commitment as secure, reliable energy provider reaffirmed by Saudi Crown Prince
Looks forward to strengthening economic ties between ASEAN and GCC
Economy
Saudi Arabia Economy: Highest-paid football stars in the Kingdom
The General Sports Authority pledged $650 mn into sports
Markets
Saudi’s PIF to raise $3.5 bn from sukuk sale
The five-year sukuk segment generated over $14 billion in demand
Saudi Arabia
Charting new horizons: stc group’s biggest-ever 5G network expansion plan unveiled
Company aims to boost the digital economy in Saudi, enhance local content
Hospitality & Tourism
ARDARA’s AlWadi unveiled: $5.06 bn potential boost to Saudi’s economy by 2030
Embracing Aseer's rich heritage in a sprawling 2.5 mn sqm destination
Hospitality & Tourism
Red Sea Global unveils ambitious Al Wajh Airport revamp
Renovation effort to enhance regional connectivity and tourism prospects
Economy
Glowing beauty industry: Saudis, top buyers of cosmetic products
Growth attributed to young population
Saudi Arabia
stc’s innovations in LEO satellite technology is revolutionizing global connectivity
Bridging the digital gap
Economy
Saudi Arabia Economy: PIF’s Biggest Investments By Value
Sovereign wealth fund's 2022 assets valued at roughly $620 bn
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