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Saudi Arabia
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 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
Saudi Arabia
Saudi edtech startups leading innovation in education
Ventures that attract significant investment and global recognition
Markets
Oil prices slide to 3-month low amid weakening demand from U.S. and China
Market focus shifted to supply-demand balance as Middle East concerns ease
Banking & Finance
GCC seals 128 mergers and acquisitions so far this year
UAE and Saudi emerge as key players
Economy
Saudi launches ‘Visiting Investor’ visa to attract investments
The kingdom expands its e-visa program under Saudi Vision 2030
Economy
Saudi non-oil sector records highest employment rate since 2014
Strong demand for production led to increase in employee numbers
Banking & Finance
Saudi Fund’s contribution to Oman’s economy exceeds SAR11 bn over 46 years
Funding implemented across key sectors including water, energy and infrastructure
Saudi Arabia
Saudi rises to second spot in G20, 4th globally for digital readiness
Driven by regulatory reforms, strong digital foundations
Real Estate
Economy Middle East Guide: Most expensive buildings in the world
Structures that are often a testament to wealth, power, and ingenuity
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
Saudi Arabia
How does Saudi Arabia protect its cyber information?
Kingdom ranks second on the Global Cybersecurity Index
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
Saudi Arabia
Saudi ambition for global leadership in hydrogen industry
Kingdom targets becoming world's largest hydrogen producer with 4 mn tons annually
Economy
Women at the forefront: Saudi’s pursuit of gender equality
Vision 2030 is promoting women's involvement in the Kingdom
Miscellaneous
Saudi on verge of securing victory for 2034 FIFA World Cup
With Australia opting out of the hosting race
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