Economy

Saudi Arabia’s strategic reforms propel it to top spots in Kearney’s Global Retail Development Index

This positive development reflects the Kingdom's strategic shift away from oil dependence

Saudi Arabia’s GDP soars from $693.27 billion to $1.06 trillion

Saudi Arabia is ahead of targets, Saudi Minister of Investment states.

Saudi Arabia’s inflation remains steady at 1.6 percent in January

Data reveals insights into consumer price trends and wholesale price index

PIF Private Sector Forum strengthens economic vision through strategic partnerships

Event concludes with commitment to Saudization and private sector empowerment

Saudi Arabia achieves $16 billion budget surplus in Q4 2023

Due to 40.7 percent YoY decline in government expenditures

Saudi Arabia maintains A++ rating with stable outlook: Fitch

Classification reflects Kingdom's robust external financial strength

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

Saudi Arabia’s non-oil sector grows, PMI records 55.4 in January

Economic expansion continues amid inflationary pressures and supply chain risks

Saudi Arabia reveals FDI inflow of $4.53 billion in Q3 of 2023

New FDI methodology aligns with the IMF's standards

Saudi Arabia’s non-oil sector grew 4.6 percent in 2023

Report highlights economic diversification efforts and the impact of OPEC+ decisions on GDP

Most in-demand jobs in Saudi Arabia in 2024

Saudi's growing economy is opening up job opportunities

10 Largest economies in MENA

From Türkiye and Saudi Arabia to UAE and Kuwait

Saudization of engineering professions: 25 percent implementation effective from July 21, 2024

Applies to all private sector establishments employing five or more engineers

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

Saudi evaluating BRICS membership as UAE confirms acceptance

Saudi Arabia’s victory over inflation: The winning formula revealed

Kingdom’s inflation control success continues for second year, outperforming peers

Davos 2024: Boosting women’s health to add $1 trillion to economy

Will also lead to a 1.7 percent rise in per capita GDP