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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Saudi Arabia
Banking & Finance
stc Group posts net profit of $973 million in Q1 2025, up 11.05 percent YoY
Revenues reached $5.12 billion with an increase of 1.60 percent
Economy
Saudi Vision 2030: A comprehensive review of achievements in 2024
Vision hit 93 percent target success rate in first nine years
MENA
GCC real estate transactions grow 20 percent to $78.2 billion in Q1 2025: Report
Dubai has once again emerged as the leading market in the GCC, posting $38.7 billion in sales
Miscellaneous
Saudi Arabia gears up for Asian Physics Olympiad 2025 featuring talented young scientists
The 25th Asian Physics Olympiad will take place from May 4 to 12 in Dhahran
Logistics
Saudi Arabia’s non-oil exports surge 14.3 percent to $7 billion in February 2025
National non-oil exports (excluding re-exports) saw a rise of 0.7 percent, totaling SAR16.07 billion
Hospitality & Tourism
Red Sea Global launches Nammos Resort AMAALA featuring 110 keys, 20 branded residences
Nammos Resort AMAALA will be one of eight resorts set to open in AMAALA’s first phase in a matter of months
Logistics
Saudia inks deal with Airbus to acquire up to 20 wide-body aircraft
Saudia Group's order for flyadeal marks the first widebody order for the subsidiary and paves the way for new long-haul services
Saudi Arabia
Saudi Arabia leads regionally, secures 9th place globally and 6th in G20 in geospatial sector
The Kingdom has surged from 32nd place in 2022 to 9th in the 2025 GKI Index
Economy
Saudi Arabia to achieve 3 percent growth in 2025, 3.7 percent in 2026: IMF
Down from 3.3 percent and 4.1 percent respectively
Economy
Trump to visit Saudi Arabia, UAE and Qatar as White House confirms mid-May plans
Trump will address Ukraine and Gaza conflicts during his visit to Saudi Arabia, a key U.S. ally
Hospitality & Tourism
New Saudization initiative targets 41 professions in tourism industry
Initiative to be implemented in three phases, with the first phase commencing on April 22, 2026
Saudi Arabia
stc, solutions ink $38 million contract to establish internet and telecommunication networks
Project enhances internal network infrastructure across nine sites in five key regions of the Kingdom
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