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The discussions also covered Saudi Arabia's Vision 2030 and ongoing economic and development reforms
The residential sector began strong in H1 2024, delivering 27,500 units in Riyadh and Jeddah
This initiative aims to boost socio-economic growth and improve residents' quality of life
The meeting included bilateral talks with Brazil and India on cooperation in the space economy and related technologies
The agreement details collaboration in space activities, such as science research and remote sensing
Saudi Arabia's exceptional performance across all five pillars highlights its leadership in this domain
The Kingdom is becoming a dynamic center for high-profile events and large-scale gatherings
Seasonally adjusted real GDP rose by 1.4 percent compared to the first quarter of 2024
Saudi Arabia is now earning more from international visitors than it is spending on outbound tourism, shifting service balance to a surplus
This MoU will expire upon signing the SPA, expected by September 30
The Fund highlighted resilient non-oil growth in the Kingdom, applauded record low unemployment
The PMI noted significant job creation, with employment rising at one of the highest rates in a decade
The sales surge is linked to the company’s launch of multiple housing projects across the Kingdom
Brent crude to average $84 per barrel in 2024, broadly in line with the average over the last 18 months
The park features 60,000 sqm of creative spaces, nine innovative office buildings
In total, the ministry of investment issued 2,728 investment licenses during the first half of the year, up 49.6 percent annually
In 2022, total remittance outflows from Saudi Arabia reached $39.3 billion
Saudi Arabia's total fixed capital formation grew 8 percent during Q1 of 2024
The agreements involve Chinese banks and focus on two-way capital flows through debt and equity
Saudi Arabia's consumer confidence is significantly higher than the global average of 50.2
E-commerce market in Saudi Arabia expanded by 28 percent to SAR157 billion in 2023
Riyadh's population to grow from 5.9 million to 9.2 million in 10 years
Export sales across the non-oil sector grew in June at the fastest rate so far this year
The unemployment rate for Saudi females rose to 14.2 percent in Q1 2024, up from 13.9 percent in the previous quarter
