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Economy Middle East Summit
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Saudi Arabia
Economy
Saudi Arabia tops GCC ranking in Statistical Performance Index: World Bank
Jumping 25 places
Real Estate
Saudi nationals employed in real estate surge 116 percent
Saudi citizens working in the private sector reached 2.3 million in 2023
Logistics
Saudia’s operational performance grows 21 percent in 2023
National flag carrier achieves significant growth through strategic enhancements and international expansion
Hospitality & Tourism
Saudi Arabia aims for 150 million visitors by 2030, eyes $200 billion boost to economy
Tourism sector's contribution to the GDP increased by 4.5 percent year-on-year
Energy
Crude exports surge in Saudi Arabia, reaching five-month high
Saudi refinery output declined by 0.47 percent, reached 2.11 million bpd
Markets
Saudi Arabia’s PIF bonds received $20 billion in subscriptions
Bond issuances in emerging markets gain new momentum
Saudi Arabia
Aramco forms $3.3 billion joint alliance for LNG project in Saudi Arabia
Al-Riyas project expected to boost Saudi economy and job creation
Logistics
SAR achieves 55% growth rate in passenger numbers in 2023
Number of passengers on Saudi Railways trains exceeded 11.2 million last year
Economy
Saudization of engineering professions: 25 percent implementation effective from July 21, 2024
Applies to all private sector establishments employing five or more engineers
Economy
Davos 2024: Saudi Arabia concludes WEF participation with landmark agreements and announcements
April 2024 meet to focus on cooperation, growth, and energy
Hospitality & Tourism
Saudi Arabia’s tourism soars: UNWTO reports 156 percent recovery in tourist arrivals during 2023
Only Middle East region surpassed 2019 tourism levels with impressive growth
Economy
Davos 2024: Saudi Arabia’s non-oil economy grew 20% since 2016
Kingdom calls for greater integration in the Middle East
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