Saudi Arabia

Saudi Arabia’s Q4 2024 sees 67 percent rise in commercial registrations, surpassing 160,000

This increase showcases notable growth and advancement in the Kingdom's commercial environment

Saudi Arabia’s GASTAT launches new micro data center for accurate statistical data access

The initiative aims to empower decision-makers through data-driven insights

Diriyah Company launches $310 million substations to power future development

Diriyah and Wadi Safar electricity substations will be operated by Saudi Electricity Company

Saudi PIF completes $7 billion inaugural murabaha credit facility

This financing arrangement is backed by a broad consortium of 20 international and regional financial institutions

Riyadh Metro complete and operational with launch of sixth and final line

This line runs 41 kilometers from Jeddah Road to the Second Eastern Ring Road, parallel to Khashm Al Aan in the east 

Saudi Arabia endorses 2025 annual borrowing plan with $37 billion funding target

This plan outlines key public debt developments for 2024, local market enhancements, and the 2025 funding strategy 

GCC manages 38 percent of global SWF assets in 2024, Mubadala leads investments

SOIs could collectively reach $60 trillion in 2025 as GCC nations progress toward their economic visions

Saudi Arabia trade balance surplus grows 30 percent to $5.5 billion in October 2024

This represents an increase of over $1.06 billion compared to September

Saudi Arabia leads global shift in data and AI in 2024, achieves top ranks in key indicators

Saudi Arabia has achieved first place globally in several areas, including the Government Strategy for AI Pillar

Saudi women’s labor force participation hits 36.2 percent in Q3 2024

Among Saudi nationals, the labor force participation grew by 0.7 percentage points in Q3 2024, reaching 51.5 percent