Saudi Arabia

IMF recognizes Saudi Arabia’s leadership in data centers, commends personal data protection law

IMF praised Kingdom for establishing SDAIA and launching the National Strategy for Data and AI

Rapid expansion of Saudi space economy to reach $31.6 billion by 2035: Report

The Kingdom’s space market is anticipated to reach $5.6 billion by 2035

Saudi Arabia: U.S. energy secretary stresses importance of promoting mutual investment in energy supplies

The two sides discussed strengthening bilateral cooperation across multiple energy fields and other areas of mutual interest

Middle East sports market poised for 8.7 percent growth, outpacing global average

85 percent of sports executives expect double-digit growth in women’s sports revenues over the next 3 to 5 years

SMC, Multiply Group partner to develop AdTech and AI Innovation for media growth in MENA

Collaboration focuses on enhancing the advertising industry through strategic investments in research and development

Saudi Arabia’s liquidity hits historic high, exceeds $800 billion in February 2025

Demand deposits constituted the largest share, accounting for 48.5 percent or SAR1.47 trillion

Saudi Arabia sees 89 percent growth in tourist hospitality facilities in 2024

Makkah leads Saudi tourism surge with 1,030 new hospitality licenses

60 investment deals announced at Saudi Arabia’s Sports Investment Forum

Forum highlighted opportunities in privatization, infrastructure development and investment in media and e-sports

ATM 2025: Saudi Arabia to showcase record tourism growth with 16 percent more exhibitors

ATM 2025 will highlight Saudi Arabia’s expanding tourism sector and forward-looking vision

Saudi Arabia discovers 14 new oil and gas fields in Eastern Region, the Empty Quarter

The discoveries include six fields and two reservoirs of Arabian oil, as well as two fields and four reservoirs of natural gas

Dubai, Abu Dhabi achieve top rankings in 2025 smart city index

AlUla in Saudi Arabia, Kuwait City in Kuwait, and Manama in Bahrain have emerged as notable contenders