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Saudi Arabia
Logistics
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
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
Energy
Diriyah Company launches $310 million substations to power future development
Diriyah and Wadi Safar electricity substations will be operated by Saudi Electricity Company
Hospitality & Tourism
King Abdulaziz International Airport hits record 49 million passengers in 2024, highest in Saudi airports history
This marks a 14 percent increase compared to the previous year
Hospitality & Tourism
Riyadh to host third edition of Saudi Tourism Forum under slogan ‘To Discover’
A gathering of 100 exhibitors to drive tourism growth
Banking & Finance
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
Logistics
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
Banking & Finance
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
Banking & Finance
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
Industry
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
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
Economy
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
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