Saudi Arabia

Moody’s: Non-oil sector to maintain strong contribution to Saudi GDP

Leisure and tourism key for economic diversification

Saudi to spend $175 bn annually on industrial and mega projects: Report

Ongoing projects like NEOM and Red Sea resorts have combined value of $1.3 trn

OPEC+ holds oil policy steady, Saudi and Russia extend voluntary cut

Market analysis planned as Russia considers oil production assessment

PIF’s ambitious plan: Jeddah’s Al Balad to thrive as global tourist destination

The Fund establishes Al Balad development company to promote the historic district

Saudi private sector shows recovery with surge in output, new orders

Riyad Bank Saudi Arabia Purchasing Managers' Index rose to 57.2

Saudi to increase expenditure to SAR1.262 bn this year

Kingdom forecasts a 4.4 percent GDP growth in 2024

Aramco acquires minority stake in MidOcean Energy worth $500,000

 Aramco has been stepping into other energy businesses

Lucid reveals state-of-the-art facility for 155,000 EVs in Saudi Arabia

Facility to assemble 5,000 high-quality vehicles annually

Saudi Aramco sees China as an important market for decades to come

Profits in the three months to end of June up 90 percent to $48 bn

Saudi’s SAL $678 mn IPO receives strong investor demand in Riyadh

Order books were fully subscribed across the price range within a few hours

Saudi launches new tourist destination targeting 2 million visitors annually

"Soudah Peaks" project is built on the highest mountain peak in Kingdom

Saudi Arabia’s capital market outperforms 2022 targets

Number of listings was 204 percent higher than the goal

Saudi GDP passes $1.1 trn, tops G20 nations

Kingdom economy achieved remarkable 8.7 percent growth rate

Six ministers address the world from Riyadh at World Tourism Day celebration

Guterres: We must uharness the full potential of sustainable tourism