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GDP
Economy
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
Markets
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
Economy
ICAEW’s Chief Economist Scott Livermore on oil output strategy, economic diversification importance for GCC growth plans
Sustained oil output, growing non-oil investments key to healthy economy
Banking & Finance
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
Economy
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
Economy
Saudi Arabia’s non-oil economy reaches 50 percent of real GDP
Private investment and robust exports drive record-breaking expansion
Hospitality & Tourism
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
Hospitality & Tourism
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
Economy
Saudi Arabia’s GDP soars from $693.27 billion to $1.06 trillion
Saudi Arabia is ahead of targets, Saudi Minister of Investment states.
Hospitality & Tourism
Rua Al Madinah secures contracts worth over $79 million to drive hospitality industry forward
Deals were signed during PIF Private Sector Forum
Economy
Saudi Arabia maintains A++ rating with stable outlook: Fitch
Classification reflects Kingdom's robust external financial strength
Industry
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
Economy
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
Saudi Arabia
Saudi Arabia’s National Biotechnology Strategy launched with a projected cumulative GDP impact of $34.66 bn
Strategy seeks to localize vaccine manufacturing, protect the environment
Hospitality & Tourism
Saudi Arabia aims for 150 million visitors by 2030, eyes $200 billion boost to economy
Tourism sector's contribution to the GDP increased by 4.5 percent year-on-year
Economy
10 Largest economies in MENA
From Türkiye and Saudi Arabia to UAE and Kuwait
Hospitality & Tourism
Saudi Arabia’s tourism soars: UNWTO reports 156 percent recovery in tourist arrivals during 2023
Only Middle East region surpassed 2019 tourism levels with impressive growth
Economy
Davos 2024: Saudi Arabia’s non-oil economy grew 20% since 2016
Kingdom calls for greater integration in the Middle East
Economy
Davos 2024: Saudi Arabia to host World Economic Forum meeting in April
Saudi evaluating BRICS membership as UAE confirms acceptance
Industry
Northern Borders region in Saudi Arabia draws SAR74.3 bn in investment
Sees 58 percent surge in factory growth
Industry
Gold discovery: What is the economic significance of Saudi’s Maaden’s unveiling of massive reserves in the Kingdom?
Vision 2030 aims to diversify income sources, strengthening mining in Saudi economy
Economy
Saudi Arabia’s FDI surges by 29 percent in Q3 of 2023
Kingdom ranks among the G20's top economies
Economy
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
Unveiling the potential of Saudi’s $400 mn space market
Projected $738 bn global market by 2030
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