Saudi Arabia

Oil prices hold near four-and-a-half month high on reduced exports, market caution

Surging prices fueled by refinery activity, China demand, and Middle East disruptions

Saudi Arabia’s tourism sector attracts $13 billion in investments, eyes $85 billion in revenue

Kingdom positions itself as a premier travel destination with ambitious growth plans

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

Investments in 11,670 Saudi factories reach $410 trillion by January

A total of 152 new industrial licenses were issued in January

Gold sets to break three-week winning streak on inflation worries

The precious metal struggles to overcome resistance level of $2,200

Housing costs propel Saudi Arabia’s inflation to 1.8 percent in February

Subcategory prices for housing, water, electricity, gas, and fuels rose 8.5 percent YoY

Booming hospitality, transport, and arts sectors fuel Saudi Arabia’s business growth in 2023

The ministry of commerce reported an increase in commercial registrations across various sectors

Gold dips as dollar strengthens, traders await additional U.S. data

Copper prices cooled down after reaching 11-month highs

Construction begins on Al-Urubah Park, Riyadh’s largest green space project

More than 600,000 trees and shrubs will be planted, covering 65 percent of the park area

Saudi Arabia’s PIF inches closer to $1 trillion in assets

Strategic acquisitions and diversification drive growth trajectory

Gold dips slightly as traders await key U.S. inflation report

Last week, gold reached near record-high levels

Saudi ministries boost job opportunities with 35 percent localization in dental professions

The new resolution will apply to private sector establishments that employ three or more workers in dental professions

Saudi Arabia’s non-oil activity increases by 4.4 percent in 2023

Despite decline in oil production, diverse industries foster growth in the kingdom

Saudi Arabia, China Eastern Airlines forge strategic partnership for new air route

China Eastern Airlines will operate the route using an A330-200 aircraft, providing an annual capacity of 35,880 inbound seats

Saudi Arabia’s industrial production index up 0.3 percent in January on mining and quarrying

Manufacturing activities in the Kingdom rose by 1.1 percent in January 2024

Saudi Arabia’s Ceer awards $1.3 billion contract for EV manufacturing complex

Saudi Arabia's first EV brand advances Vision 2030 with state-of-the-art facility

LEAP 2024: Conference concludes with $13.4 billion in investments

Largest global tech event in the region reflects Saudi Vision for digital dominance

Saudi Arabia, Kazakhstan collaborate to approve executive program in fields of renewable energy and innovation

The program contributes to supporting Kazakhstan's efforts to achieve emissions reduction targets

Saudi Arabia’s National Development Fund signs partnership agreement with World Economic Forum

The partnership seeks to foster ties with diverse financial institutions and companies