Economy

Saudi Arabia’s private sector employees surge to 10.92 million

National Labor Observatory report highlights December 2023 figures

Saudi Arabia’s FDI surges by 29 percent in Q3 of 2023

Kingdom ranks among the G20's top economies

Saudi Arabia approves 2024 annual borrowing plan

Kingdom's financing needs estimated at approximately SAR86 billion

Saudi Aramco raises diesel prices for local consumers by 53 percent

The recent jump to SAR1.15 per liter is unprecedented

Saudi Arabia, UAE officially join BRICS as bloc expands in MENA

Iran, Egypt and Ethiopia are also now part of the trade bloc

Consumer spending in Saudi Arabia jumps to $47 bn month-on-month

Kingdom’s economy shows growth, driven by a strong private sector

Mastercard 2024 outlook: Empowered consumers to balance price and priority

MENA consumers and businesses will face crucial decisions about spending and investing

S&P: Saudi Arabia’s economic growth to rebound to 2.7 percent in 2024

Saudi Arabia's records A rating with a stable outlook

Saudi Arabia’s HADAF signs $400 million agreements to support employment

Building partnerships with promising sectors to enable Saudi participation in the labor market

Saudi Arabia signs 4 agreements to expand industrial cooperation with Korea

Over 24 meetings with the private sector and government agencies

IMF urges GCC countries to further enhance non-oil sector growth

Saudi Arabia, UAE lead in non-oil sector development

Aramco turns to Big Data and AI to optimize investments

Yasser Mufti: “We have 70 people working on this, and we are still adding more.”

Global Labor Market Conference in Riyadh: Signing of 70 agreements worth $137 mn

Event witnessed the participation of over 6,000 attendees from over 40 countries

Close to half of Saudi Arabia’s women getting into more administrative positions

26 agreements to empower Saudi women at Global Labor Market Conference

Saudi Arabia heads International Monetary Fund’s IMFC

Highlights pivotal role of the kingdom in international affairs

Saudi Crown Prince, Putin underscore need for OPEC+ agreement compliance

Commitment to enhancing trade cooperation, continuity of joint efforts emphasized

A hub for economic sustainability: Substantial economic growth at the half-way mark to Vision 2030

Non-oil revenue and female labor force participation saw robust results

Jazan Investment Forum: Agreements worth SAR32 billion sealed

11 agreements signed and qualitative investment opportunities presented

Riyadh Expo 2030 to generate over $50 billion for the Saudi economy

Global event to spur economic activity and attract 21.7 million visitors