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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Saudi Arabia
Economy
Second phase of Saudization of licensed aviation professions launched
This phase will focus on pilots and flight attendants
Miscellaneous
Saudi Arabia’s PIF and ATP forge long-term strategic partnership to drive global tennis expansion
The fund will become the official naming partner of the ATP Rankings
Economy
Over 350 international investors to establish regional headquarters in Saudi Arabia
The minister highlighted a tenfold increase in international investment licenses in the Kingdom
Hospitality & Tourism
45 percent of tourism sector employees in Saudi Arabia are women, says vice tourism minister
A total of 925,000 individuals are currently employed in the tourism sector
Hospitality & Tourism
Saudi Arabia’s Tourism Development Fund set to transform Riyadh’s downtown
Collaboration marks a milestone in Riyadh's evolution in line with Vision 2030
Industry
With $2.5 trillion in mineral resources, Saudi Arabia set to become global mining hub
Saudi Arabia's Vision 2030 serves as the driving force behind the nation's strategic endeavors in the mining industry
Banking & Finance
ACWA Power net profit soars 8 percent to $443 million in 2023
The company’s board approved a dividend payment of SAR 329.0 million for 2023, payable in 2024
Banking & Finance
Saudi Central bank net foreign assets rise by $2 billion in January 2024
The net foreign assets increased to 419.17 billion
Logistics
Riyadh Air, Adobe partner to deliver personalized AI-driven travel experiences
Adobe's Experience Cloud to power airline's vision of personalized travel journeys
Red Sea National Academy launched to train next generation of tourism leaders
The academy aims to train 10,000 participants by 2030
Industry
Saudi Arabia launches strategy and academy to develop human capabilities in industry, mining
The new academy will offer direct training programs for professionals and graduates
Saudi Arabia
MWC 2024: Ericsson, stc Group’s iot squared sign MoU with aim to transform Saudi Arabia’s waste landscape
Digitizing waste flows to enable optimization, monetization of waste and recycled raw materials
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