Economy Middle East

Vision 2030

Red Sea Global secures $533 mn financing deal for luxury hotel on Shura Island
Hospitality & Tourism

Red Sea Global secures $533 mn financing deal for luxury hotel on Shura Island

Investment bolsters Saudi Arabia's tourism sector, supports Vision 2030

Boeing confirms establishing regional HQ in Saudi Arabia
Logistics

Boeing confirms establishing regional HQ in Saudi Arabia

Move reflects Saudi Arabia's growing influence in aviation sector

SAR records over 10 percent growth in cargo transport in 2023
Logistics

SAR records over 10 percent growth in cargo transport in 2023

Partnership agreements forge path for enhanced logistics and industrial development

PIF Private Sector Forum: stc Group signs raft of strategic agreements to enhance local content
Saudi Arabia

PIF Private Sector Forum: stc Group signs raft of strategic agreements to enhance local content

Agreements align with the objectives outlined in Vision 2030

Saudi Arabia’s PIF launches today second private sector forum, unveiling new local business opportunities
Economy

Saudi Arabia’s PIF launches today second private sector forum, unveiling new local business opportunities

Event aims to cultivate partnerships between PIF, its portfolio companies, and the private sector

Alat: Saudi Arabia’s Crown Prince launches new company with projected $9.3 billion GDP impact by 2030
Industry

Alat: Saudi Arabia’s Crown Prince launches new company with projected $9.3 billion GDP impact by 2030

New company to help turn Kingdom into electronics, advanced industries hub

Saudi Arabia’s Aramco to stick with 12 million barrels per day production capacity
Energy

Saudi Arabia’s Aramco to stick with 12 million barrels per day production capacity

Upon receiving a directive from the ministry of energy

Saudi Arabia’s National Biotechnology Strategy launched with a projected cumulative GDP impact of $34.66 bn
Saudi Arabia

Saudi Arabia’s National Biotechnology Strategy launched with a projected cumulative GDP impact of $34.66 bn

Strategy seeks to localize vaccine manufacturing, protect the environment

Saudi Arabia’s tourism soars: UNWTO reports 156 percent recovery in tourist arrivals during 2023
Hospitality & Tourism

Saudi Arabia’s tourism soars: UNWTO reports 156 percent recovery in tourist arrivals during 2023

Only Middle East region surpassed 2019 tourism levels with impressive growth

Davos 2024: Saudi Arabia’s non-oil economy grew 20% since 2016
Economy

Davos 2024: Saudi Arabia’s non-oil economy grew 20% since 2016

Kingdom calls for greater integration in the Middle East

Davos 2024: Saudi Arabia to host World Economic Forum meeting in April
Economy

Davos 2024: Saudi Arabia to host World Economic Forum meeting in April

Saudi evaluating BRICS membership as UAE confirms acceptance

FHS Saudi Arabia announces confirmed speakers for the event
Hospitality & Tourism

FHS Saudi Arabia announces confirmed speakers for the event

Complimentary passes offered by The Bench to Saudi women in hospitality sector