Skip to main content Skip to footer 
GACA launches first aviation sector report for Saudi Arabia highlighting contributions of $53 billion
The move falls in line with the country's ambitious plan to reach 250 global destinations by 2030
Saudi CEOs anticipate that GenAI will significantly change the creation, delivery and capture of value in the next three years
The sector is predicted to experience a 13.5 percent annual growth, surpassing the global average of 11.2 percent
Number of flights increased to over 37 million last year, according to GACA President
According to the report, the UAE has raised its score by 4.4 percent in the 2024 index
The Saudi aviation sector contributed $53 billion to the country's economy and supported around 958,000 jobs nationwide
Data also showed that Saudi refineries' crude throughput fell in March by 0.115 million bpd to 2.560 million bpd
The sector supports 241,000 jobs, with a further estimated 717,000 jobs in the tourism sector
This represents a 3.66 percent rise compared to the previous month
The licenses cover 10 building materials quarry licences, one mineral ores surplus licence, and one reconnaissance licence
Saudi Arabia topped the list of Arab countries importing the most from Egypt during the year
