Saudi Arabia

$350 million to support developing countries in Riyadh Expo 2030

Kingdom is committed to providing equal opportunities to all participating countries

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 telecommunications companies record profits of $1.5 billion

Driven by increase in subscriptions and digital bank initiatives

Saudi raises mining sector’s GDP contribution target to $80 bn

Kingdom to host the Future Minerals Forum in January, 2024

Saudi boosts bid to become region’s corporate hub

More than 180 companies granted licenses to operate in the kingdom

Saudi foreign direct investment flows have doubled since 2015

Kingdom’s FDI balance reaches $207 billion

Saudi edtech startups leading innovation in education

Ventures that attract significant investment and global recognition

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

Saudi launches ‘Visiting Investor’ visa to attract investments

The kingdom expands its e-visa program under Saudi Vision 2030

Saudi non-oil sector records highest employment rate since 2014

Strong demand for production led to increase in employee numbers

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 rises to second spot in G20, 4th globally for digital readiness

Driven by regulatory reforms, strong digital foundations

Economy Middle East Guide: Most expensive buildings in the world

Structures that are often a testament to wealth, power, and ingenuity

Saudi construction activity at the forefront in Middle East and Africa

Middle East and Africa record a reading of +34 in Q3 2023

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

How does Saudi Arabia protect its cyber information?

Kingdom ranks second on the Global Cybersecurity Index

Saudi is sole contender for hosting 2034 World Cup

Billions allocated to sports development as part of Kingdom’s economic diversification plans

Saudi Arabia grants licenses to 15 international law firms

15 others are applying to practice in Saudi Arabia

Saudi ambition for global leadership in hydrogen industry

Kingdom targets becoming world's largest hydrogen producer with 4 mn tons annually

Women at the forefront: Saudi’s pursuit of gender equality

Vision 2030 is promoting women's involvement in the Kingdom