Vision 2030

Gitex Global 2024: Saudi pavilion showcases 40 tech companies

The participation highlights Kingdom's dedication to enhancing the global footprint of its businesses

stc Group’s digital expertise to help develop neutral digital infrastructure for Diriyah project

Diriyah Company will utilize advanced technology and top-tier infrastructure to support the Kingdom's Vision 2030

Cruise Saudi to develop exclusive private Red Sea island for cruise ship tourism

During the initial phase, the island will have the capacity to host up to 2,000 guests

Building resilience for growth: The role of insurance in Saudi Arabia’s historic construction boom

Combining traditional products and alternative risk transfer mechanisms with proactive risk management strategies is key to a thriving construction business

Saudi Arabia’s NEOM to build $186.4 million concrete factory for The Line

This advanced concrete facility will use carbon capture and energy-efficient solutions to support THE LINE's construction 

Moody’s projects 5.5 percent growth for Saudi Arabia’s non-oil sector

The agency forecasts government spending will remain high at 30 to 32 percent of GDP over the next three years 

Saudi Arabia’s NEOM reveals first designs of Sindalah Yacht Club set to open soon

The club’s design showcases the richness of Italy's artistic heritage, with interiors that reflect the island's natural beauty

Red Sea Global, Marriott partner to launch The Ritz-Carlton in AMAALA

Set to open in 2025, the property will feature 391 guestrooms, with a mix of Marina Village, sea, and mountain views

Saudi Arabia announces pre-budget statement for FY 2025 with expenditures estimated at $346.95 billion, revenues at $319.68 billion

The Minister of Finance is confident in positive Saudi economic growth in 2025 and beyond, driven by reforms under Vision 2030

Saudi Arabia reports 23.4 percent rise in FDI net inflows to $3.12 billion in Q2 2024

Under Vision 2030, Saudi Arabia aims to attract $100 billion in FDI by the end of the decade

Saudi Arabia sees 656 percent surge in leisure tourists, welcoming 4.2 million in early 2024

The Kingdom welcomed 17.5 million international tourists from January to July 2024

Job losses in travel and tourism hit 70 million with women and youth facing sharp declines: WTTC

The report highlights the travel and tourism industry's potential for inclusive growth and the urgent need for action

Saudi Crown Prince launches Riyadh Non-Profit Foundation to drive social development, foster Innovation

The Foundation's mission is to support institutional and social initiatives and boost research

Saudi Arabia engaging in high-level discussions with SpaceX to boost space exploration, infrastructure development

The meeting is part of the Kingdom's ongoing initiatives to advance its space sector and improve infrastructure

Saudi National Day: Kingdom commits to quality of life from unification to Vision 2030

Kingdom recalls the journey of development that began with unification by King Abdulaziz bin Abdulrahman Al Saud

UAE celebrates 94th Saudi National Day, reinforcing fraternal ties as non-oil trade soars to $280.96 billion from 2014 to 2023

The fraternal ties between the UAE and Saudi Arabia exemplify a unique model of collaboration

Middle East set to achieve $75.6 billion in renewable energy investments: Report

These investments encompass 116 renewable energy are expected to become operational between 2025 and 2030

Saudi Arabia’s Crown Prince pledges $5 billion investment in Egypt through PIF

Saudi Arabia to provide additional facilities for companies operating in the new and renewable energy sector in Egypt

Saudi Maaden, Bahrain’s Alba ink non-binding deal to explore potential business merger

This collaboration aims to generate synergies that boost production, ESG performance, energy security, and shareholder value

Saudi-Egyptian investment protection deal to launch in two months, says PM Madbouly

The trade between Saudi Arabia and Egypt surpassed $33 billion during 2022 and 2023

Saudi Crown Prince and Egyptian Prime Minister discuss bilateral relations, aspects of cooperation

Several prominent figures from both sides were in attendance at the meeting 

Saudi Arabia launches ‘Our Guests Are Our Priority’ campaign to improve hospitality standards compliance

The campaign's initial phase centers on media and awareness initiatives that engage various stakeholders in the tourism sector

Decoding global economic growth dynamics: A conversation with EFG Hermes Research expert

Mohamed Abu Basha shares insights on growth, interest rates, trends and opportunities