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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Saudi Arabia
Hospitality & Tourism
Saudi’s NEOM expands with new luxury coastal destination, Epicon
To include a hotel, resort and premium residences
Logistics
Saudi’s THC expands fleet, announces new purchase at Dubai Airshow
Delivery of H125 aircraft modified for aerial operations also completed
Economy
$350 million to support developing countries in Riyadh Expo 2030
Kingdom is committed to providing equal opportunities to all participating countries
Saudi Arabia
Saudi fostering AI excellence by launching International Center for Research and Ethics
Center aims to enhance competencies, develop legislative frameworks in the AI field
Saudi Arabia
Saudi telecommunications companies record profits of $1.5 billion
Driven by increase in subscriptions and digital bank initiatives
Industry
Saudi raises mining sector’s GDP contribution target to $80 bn
Kingdom to host the Future Minerals Forum in January, 2024
Economy
Saudi-African summit kicks off today with multi-million dollar development projects for Africa
$20 bn trade turnover recorded in 2023
Economy
Saudi Arabia Economy: Know about trillion dollar economy
The Kingdom is set to remain in the trillion-dollar club through 2026
Economy
Saudi boosts bid to become region’s corporate hub
More than 180 companies granted licenses to operate in the kingdom
Economy
Saudi foreign direct investment flows have doubled since 2015
Kingdom’s FDI balance reaches $207 billion
Industry
Saudi explores potential $250 mn investment in Chinese automotive market
PIF contemplates $3 bn purchase of Shanghai-based Human Horizons
Economy
Saudi launches ‘Visiting Investor’ visa to attract investments
The kingdom expands its e-visa program under Saudi Vision 2030
Saudi Arabia
Unveiling the potential of Saudi’s $400 mn space market
Projected $738 bn global market by 2030
Economy
Saudi non-oil sector records highest employment rate since 2014
Strong demand for production led to increase in employee numbers
Saudi Arabia
Saudi rises to second spot in G20, 4th globally for digital readiness
Driven by regulatory reforms, strong digital foundations
Real Estate
Saudi construction activity at the forefront in Middle East and Africa
Middle East and Africa record a reading of +34 in Q3 2023
Saudi Arabia
stc Group, Red Sea Global forge strategic alliance to drive digital transformation of Red Sea tourism
Strategic partnership Offers latest communication technologies at tourist sites on Red Sea coast
Markets
Oil prices surge as Saudi, Russia reaffirm output cut
Kingdom to continue voluntary reduction of 1 million barrels per day
Saudi Arabia
How does Saudi Arabia protect its cyber information?
Kingdom ranks second on the Global Cybersecurity Index
Economy
Saudi women’s participation in labor market rises to 36 percent
The female worker ratio in the kingdom rose to 30.4 percent in Q4 of 2022
Banking & Finance
Saudi Central Bank’s total assets reach $490 billion in September
A 3.4 percent increase from August
Miscellaneous
Saudi is sole contender for hosting 2034 World Cup
Billions allocated to sports development as part of Kingdom’s economic diversification plans
Economy
Saudi Arabia’s HRDF provides jobs to 288,000 citizens
As part of SAR10 billion Saudization plan
Miscellaneous
Saudi Arabia grants licenses to 15 international law firms
15 others are applying to practice in Saudi Arabia
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