Vision 2030

Saudi Arabia achieves record 178 venture capital deals in 2024, retains top rank in MENA region

E-commerce dominated with 33 percent of total funding with a value of $247 million

WEF 2025: Saudi Arabia targets 70 million annual tourists and top seven ranking by 2030, says minister

The Kingdom saw a record influx of nearly 30 million international tourists last year

Saudi Arabia’s Diriyah Company marks first participation at WEF 2025, leads urban development discussion

The participation supports the WEF 2025 theme “Collaboration For The Intelligent Age”

Saudi Arabia to see 3.5 to 4.5 percent growth in construction as Europe eyes gradual recovery: Report

Infrastructure projects and government-led construction will drive growth in tourism and leisure sectors

Davos 2025: Saudi Arabia calls for nations to put “greater good” first

Saudi Arabia called on the international community to prioritize cooperation and dialogue to overcome challenges

Saudi Arabia GDP growth rate projected at 4 percent from 2025 to 2027: S&P

Vision 2030 initiatives expected to boost non-oil growth by 10 percent in the Kingdom

Davos 2025: Saudi Arabia spotlights tourism’s critical role in driving global economic growth

Davos 2025 emphasizes Saudi Arabia's dedication to fostering cross-sector partnerships and driving economic growth through tourism

stc Group among world’s top 10 telecom brands and strongest in the Middle East & Africa

The Group remains the most valuable telecom brand in the Middle East & Africa for five years

Saudi Q4 2024 Consumer Report: Over 200,000 inspections conducted to protect consumers 

The report outlined measures to combat commercial fraud, managing over 150,000 complaints

flynas celebrates first direct flight between Riyadh and Entebbe in Uganda

flynas will operate three weekly flights on the new route between Riyadh and Entebbe

Google Pay set to launch in Saudi Arabia in 2025

Google Pay will offer users a secure and easy way to make purchases in stores, apps, and online

Saudi Arabia, Italy sign MoU to strengthen renewable energy collaboration

The agreement also covers petroleum, natural gas, and both conventional and transitional fuels

Saudi Arabia, Singapore to establish Strategic Partnership Council as trade grows to $1 billion in 2024

Highlights both nations' commitment to advancing relations in economic and developmental sectors

The global economy in 2025: Stability amid uncertainty

IMF and OECD estimate that global growth could hit 3.2 to 3.3 percent this year

Halo AI secures $6 million to expand brand creator collaborations beyond Saudi Arabia

The company aims to expand into Dubai and Kuwait, targeting growth in MENA, Europe, and North America

Saudi Ports Authority drives growth in 2024, strengthens Kingdom’s position as global logistics hub

In 2024, Saudi Arabia rose to 15th in global container handling, according to Lloyd’s List

Riyadh Season achieves new high with over 16 million guests

This success stems from diverse offerings like boxing, wrestling, concerts, unique dining, and innovative entertainment zones

New Honeywell cybersecurity services center launches in Saudi Arabia’s Jubail to enhance industrial protection

Honeywell Himaya Center to support Kingdom’s localization and IKTVA goals with advanced cybersecurity solutions

PIF invests $200 million in first globally listed Saudi ETF

This move is anticipated to further enrich the Saudi market.

flynas expands Africa network, celebrates first direct flight between Jeddah and Djibouti

Airline started operating three weekly flights between Jeddah and Djibouti, further expanding travel options to and from Africa

Saudi Arabia advances coastal tourism growth with key initiatives in 2024

Authority introduced the first-ever regulatory framework for Saudi yachts in 2024

Saudi Arabia leads MENA’s VC landscape with $750 million funding in 2024

Saudi Arabia set a new record with 178 VC deals last year, solidifying its position as the region's largest economy

Saudi Arabia’s domestic tourism flourishes in 2024 with 44 percent growth in bookings

While iconic cities such as Makkah, Riyadh and Madinah remain central tourism hubs, emerging destinations are becoming increasingly popular 

Saudi Arabia issues $12 billion triple-tranche bond, oversubscribed by three times

The total order book reached around $37 billion, which equals an oversubscription of 3 times