Economy
Non-oil economy grew while overall real GDP contracted
Riyad Bank PMI shows encouraging signs despite lingering competitive pressures
This phase will focus on pilots and flight attendants
This policy ushers in stability and minimizes inflation
GCC's non-oil economy to continue performing strongly
The minister highlighted a tenfold increase in international investment licenses in the Kingdom
GenAI predicted to boost product quality, competitiveness, and workplace efficiency
Ratings reaffirm financial resilience and strategic importance within national economy
Appetite for spending in the Kingdom soared 46 percent ahead of Ramadan 2024
The agreements align with the goals of Vision 2030
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 is ahead of targets, Saudi Minister of Investment states.
Benefits include a 30-year tax break
Data reveals insights into consumer price trends and wholesale price index
Event concludes with commitment to Saudization and private sector empowerment
New Contractor Financing Program launched
Due to 40.7 percent YoY decline in government expenditures
Classification reflects Kingdom's robust external financial strength
Event aims to cultivate partnerships between PIF, its portfolio companies, and the private sector
Economic expansion continues amid inflationary pressures and supply chain risks
New FDI methodology aligns with the IMF's standards
Report highlights economic diversification efforts and the impact of OPEC+ decisions on GDP
Kingdom's economy achieved a growth rate of 8.7 percent in 2022
