Vision 2030

Saudi Arabia attracts 2.5 million tourists to 80 global sporting events

Vision 2030 seeks to increase the sporting sector’s contribution to the Kingdom's GDP to $4.8 billion by 2030

Saudi economy grows 64 percent to $1.09 trillion in nominal GDP from 2016 to 2023, says Finance Minister

Al-Jadaan projected a 4.6 percent growth rate for non-oil GDP in Saudi Arabia in 2025 

Saudi Arabia approves FY2025 budget, forecasts $315.2 billion in revenues

The approved state general expenditures amount to SAR1.285 trillion ($342.07 billion)

Saudi Arabia sets world record for largest food cluster with $5.3 billion investment to create 43,000 jobs by 2035

Over the next ten years, the Jeddah Food Cluster is expected to contribute SAR8 billion to national exports and add SAR7 billion to the nation's GDP

Saudi Arabia tops Arab region in quality infrastructure rankings, climbs 25 spots globally

The Kingdom ranked 20th globally in the Quality Infrastructure for Sustainable Development Index (QI4SD) 2024

Riyadh Season draws 8 million visitors so far, setting new record

This growth stems from the diverse events and entertainment options that have sparked significant interest

Saudi Arabia’s entertainment sector to create 450,000 jobs by 2030: Report

The sector reported several record highs in the last five years, including attracting over SAR1 billion in total revenues and over 75 million event attendees

Global spending on AI reaches over $120 billion in 2023: SDAIA

SDAIA Director of National Information Center noted that over 72 percent of organizations use AI for operational excellence

flynas to launch three direct flights between Madinah and Cairo’s Sphinx airport

flynas connects Egypt to Saudi Arabia with more than 120 weekly direct flights from five Saudi cities

Abu Dhabi’s TAQA, JERA and Al Bawani to develop two new highly efficient power plants in Saudi Arabia

These agreements will enable two new CCGT projects in Saudi Arabia with over 3.6 gigawatts capacity 

Cityscape Global 2024 concludes with over $61 billion in real estate transactions

Event attracted over 172,000 visitors and hosted more than 400 exhibitors, including some of the biggest local and global companies