GDP

Saudi Arabia’s tourism sector contributing record $118.4 billion to GDP: Report

The Kingdom’s travel and tourism sector grew by over 32 percent in 2023

Saudi Arabia’s GDP grows 1.4 percent in Q1 2024, non-oil activities up by 3.4 percent YoY: GASTAT

Non-oil activities also rose by 0.9 percent in the first three months of 2024 compared to the previous quarter

Saudi NEOM reveals Magna: 12 luxury destinations to contribute over $693 million to Kingdom’s GDP by 2030, create 15,000 jobs

Magna will prioritize cutting-edge technology, world-class architecture, and ultra-modern amenities in line with Vision 2030

Saudi Arabia’s non-oil private sector maintains steady growth with PMI at 56.4: Report

Robust inventory growth continued as companies sought to prepare for strong sales performances in the future, the report said

Saudi Arabia’s non-oil sector projected to grow 4.8 percent in 2024, 5.2 percent in 2025: Report

The Kingdom's GDP is expected to expand by 2.3 percent in 2024 and accelerate to 5.8 percent in 2025, the report said

Saudi Arabia maintains ‘A1’ credit rating with positive outlook amid successful economic reforms: Report

The rating reflects the government's significant progress in implementing a broad-based reform agenda since 2016

Saudi Arabia commits $800 billion to tourism, aims for 10 percent sector contribution to economy by 2030: Minister

Al Khateeb outlines plans to add over 250,000 hotel rooms, attract young Saudis to the industry

Aviation sector contributes $53 billion to Saudi GDP: Report

The sector supports 241,000 jobs, with a further estimated 717,000 jobs in the tourism sector

Saudi Arabia’s developers poised for growth amid property shortage, government support: S&P

Report expects real estate to increase its contribution to the GDP from 6 percent to 10 percent by 2030

Saudi Arabia’s real GDP grows 1.3 percent in Q1 of 2024

In Q1, Saudi Arabia's non-oil activities saw a 2.8 percent annual increase

Saudi Arabia gold prices decline, global rates recover as markets await key U.S. economic data

Gold could remain between $2,300 and $2,350 unless a fresh catalyst emerges

Visa’s CEMEA President Andrew Torre on getting ready for the next wave of digital disruption

Businesses need to be agile, adapt their strategies and invest in digital infrastructure

Economic and social reforms bolster Saudi Arabia’s stable credit ratings, says S&P Global

The non-oil sector investment key to sustaining 3.3 percent annual GDP growth over 2024-2027

Saudi Arabia’s non-oil economy reaches 50 percent of real GDP

Private investment and robust exports drive record-breaking expansion

Saudi Arabia launches $11.2 billion tourism initiative, aims for 120,000 jobs

The new program aims to boost business and attract local and international investors

Saudi Arabia welcomes over 100 million tourists in 2023, surpasses Vision 2030 targets

Saudi Arabia has led the G20 in international tourist growth rate in 2023

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 maintains A++ rating with stable outlook: Fitch

Classification reflects Kingdom's robust external financial strength

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