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Saudi Arabia
Real Estate
Saudi nationals employed in real estate surge 116 percent
Saudis working in the private sector reached 2.3 million in 2023
Logistics
Saudia’s operational performance grows 21 percent in 2023
National flag carrier achieves significant growth through strategic enhancements and international expansion
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
Energy
Crude exports surge in Saudi Arabia, reaching five-month high
Saudi refinery output declined by 0.47 percent, reached 2.11 million bpd
Markets
Saudi Arabia’s PIF bonds received $20 billion in subscriptions
Bond issuances in emerging markets gain new momentum
Saudi Arabia
Aramco forms $3.3 billion joint alliance for LNG project in Saudi Arabia
Al-Riyas project expected to boost Saudi economy and job creation
Logistics
SAR achieves 55% growth rate in passenger numbers in 2023
Number of passengers on Saudi Railways trains exceeded 11.2 million last year
Economy
Saudization of engineering professions: 25 percent implementation effective from July 21, 2024
Applies to all private sector establishments employing five or more engineers
Economy
Davos 2024: Saudi Arabia concludes WEF participation with landmark agreements and announcements
April 2024 meet to focus on cooperation, growth, and energy
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
Economy
Saudi Arabia’s victory over inflation: The winning formula revealed
Kingdom’s inflation control success continues for second year, outperforming peers
Saudi Arabia
stc dominating Middle East and top 150 global brands with $13.9 billion value
Unprecedented success in 2023, notable advancements in digital infrastructure
Hospitality & Tourism
FHS Saudi Arabia announces confirmed speakers for the event
Complimentary passes offered by The Bench to Saudi women in hospitality sector
Economy
Aramco boosts investment in Aramco Ventures: Doubling capital to $7 billion
Fueling the startup ecosystem
Hospitality & Tourism
The RIG.: Saudi Arabia reveals location, master plan of oil rig-themed resort and park
Transforming the Kingdom's water sports and adventure tourism
Economy
Davos 2024: GCC attracts FDI at over double global average rate
FDI brings the region opportunities for global integration
Markets
Sukuk issuance in Saudi Arabia: National debt management center raises SAR8.825 bn in January
2024 global sukuk issuance could range between $160 bn and $170 bn
Economy
Davos 2024: Minister says Saudi Arabia not yet a BRICS member
Majid al-Kasabi spoke at the ongoing World Economic Forum meeting
Banking & Finance
Saudi retail banks garner growing positive sentiment: New PwC Middle East, DataEQ report
Analysis of 5 mn X posts shows improved sentiment towards seven retail banks in Kingdom
Economy
Saudization in operation and maintenance sector surges to 34 percent
Over 160,000 citizens employed in sector since inception
Economy
Inflation in Saudi Arabia eases to 1.5 percent: GASTAT
Decreases was primarily due to a 0.3 percent drop in the prices of food and beverages
Saudi Arabia
Saudi Arabia eyes SAR120 bn GDP boost through recycling
Achieving sustainability and sustainable development goals in line with Saudi Vision 2030
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