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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Saudi Arabia
Energy
Saudi Arabia uncovers seven new oil and natural gas discoveries in Eastern Province, Empty Quarter
In the Eastern Province, two unconventional oil fields were found - Al-Ladam and Al-Farouq
Economy
Saudi Arabia’s foreign direct investment rises 5.6 percent to $2.53 billion in Q1 2024
This growth underscores Saudi Arabia's continued appeal to international investors
Hospitality & Tourism
From Middle East to Africa, travel sector reaches new heights in 2024: Report
UAE ranked among the top 10 global travel destinations in the past year
Logistics
Saudi Arabia posts record trade surplus of over $11 billion
This represents a 36 percent increase compared to the surplus of $8.1 billion recorded last year
Energy
Saudi Aramco emerges as world’s largest oil company with 259 billion barrels of reserves
The Saudi oil giant produced an average of 12.8 million barrels of oil per day in 2023
Real Estate
Saudi real estate sector contributes 5.9 percent to GDP, hits $169.5 billion in transactions
The sector recorded more than 280,000 transactions since the beginning of 2024
Markets
Saudi Arabia issues $1.17 billion in sovereign sukuk across three tranches in June
The total volume of sukuk and bonds in Saudi Arabia increased by 5.73 percent during the third quarter of 2023
MENA
90 percent organizations in UAE, Saudi Arabia well positioned for innovation in AI: Survey
Cybersecurity continues to be a major area of concern for organizations in both the UAE and Saudi Arabia
Hospitality & Tourism
Sustainable tourism is no longer enough; we must give back to our planet
Saudi Arabia’s Red Sea and AMAALA are standout examples of regenerative tourism
Markets
Saudi’s Arabian Mills plans to list 30 percent stake in IPO
The CMA has approved Arabian Mills' public listing application, and the company will publish the IPO prospectus soon
Saudi Arabia
Saudi Arabia’s 1,200-station renewable energy mapping project aims to accelerate clean power goals
The stations seek to measure solar and wind energy across all regions of the Kingdom
Logistics
Etihad Airways operates first flight to Saudi Arabia’s Al Qassim
The new route to Al Qassim becomes Etihad's fourth destination in Saudi Arabia, with four non-stop flights per week
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