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33 percent of Saudis plan to spend more in 2026 while 38 percent expect no change. Long-term growth optimism remains high, with 71 percent expecting revenue growth over the next three years New phase will enhance Saudi participation in the labor market and economic growth S&P Global forecasts $75 billion corporate loan surge for Saudi banks The fund announced five integrated tourism projects totaling 1,211 hotel keys A sustainable funding model must ensure long-term viability, transparency, and adaptability for mega projects Minister Alswaha's visit to Meta sets stage for major AI innovations in the Kingdom SAMA's decision allows visitors to open bank accounts using the official Visitor ID document Both countries are keen to expand cooperation in logistics, shipping, fisheries, advanced manufacturing, tourism, digitalization, healthcare, education and creative industries Focus areas include modernizing business models and boosting operational efficiency within the industrial sector Statistics compiled from the Joint Organizations Data Initiative (JODI) show that direct oil burn averaged 943,000 b/d during the first half of this year even as electricity demand soared by 10 percent year-on-year The arrival of luxury branded experiences marks a significant milestone in the Kingdom’s retail evolution As Saudi consumers demand health, convenience and affordability, the kingdom’s food economy is becoming a proving ground for new value creation Building sustainable talent pipelines is critical for unlocking AI's economic potential in the Middle East Total operating income reached $8.53 billion, up 16 percent, fueled by a 17 percent increase in the financing portfolio The agreements between Saudi Arabia and Japan cove healthcare, infrastructure and logistics sectors The festival achieved two new Guinness World Records titles AROYA’s maiden voyage will depart Jeddah on December 16, taking passengers on a three-night journey across the Red Sea 20 percent of investors participated in IPOs over the past year and 15 percent engaged in IPO roadshows Saudi Arabia's PMI rose from 56.9 in October to 59 in November, marking the fourth consecutive month of expansion Even with the projected increase in debt, the Kingdom's government debt will likely remain lower than Aa2-A1 peers By licensing these new marinas, Saudi Arabia also aims to improve infrastructure and promote sustainable tourism along the Red Sea coast This total includes around 170,000 international travelers and more than 907,000 domestic visitors Riyadh has recorded the highest national increase in Grade A office lease rates over the last 12 months at 31 percent
