Vision 2030

Saudi Arabia’s inbound visitor spending reaches $24.6 billion in H1 2024, travel account surplus at $11 billion

This rise in visitor spending highlights the substantial advancements made within the tourism sector

Saudi Central Bank issues compliance, internal audit principles for finance, real estate refinance companies

This initiative is part of SAMA's supervisory responsibilities aimed at ensuring the stability and growth of the financial sector

Saudi airshow set to attract over 100,000 visitors in Riyadh

The event will be the region's largest aviation gathering, with over 100 exhibitors and 15+ airshow teams 

Saudi Arabia’s CMA Chairman: 50 percent of recently listed companies are SMEs

Elkuwaiz noted that the CMA is expanding financing options by streamlining fund management for efficient public offerings 

SRSA, ICOMIA sign MoU to advance coastal tourism in the Red Sea 

The collaboration seeks to foster partnerships with prominent international organizations, and attract investment to the Red Sea Region

Saudi, Azerbaijan sign MoU for mutual exemption from visa requirements for diplomatic and special passport holders

Both countries explored ways to strengthen bilateral ties and reviewed recent developments in regional and international contexts 

Saudi Arabia evolving into a global logistics hub with innovation and sustainability under Vision 2030

The Kingdom’s ports have made notable advancements, achieving, in August, 15th place globally in annual container handling

Saudi Arabia sees merchandise exports climb to $25.2 billion in July 2024

This represents an increase of $506.5 million, or 2.1 percent from last year 

Riyadh Municipality commits $1.6 billion to five key contracts for road enhancements, sustainable infrastructure

The contracts aim to rehabilitate and pave 83 million square meters of road over the next five years 

Diriyah breaks Guinness World Record with largest AI assistant showcase on Saudi National Day

The event showcased over 500 Amazon Echo devices with Alexa during the 94th Saudi festivities

Saudi Arabia’s Minister of Industry visits U.S. as non-oil exports reach $2.68 billion

The visit aims to boost cooperation in industry and mining, strengthen bilateral relations, and attract investments to the Kingdom

Saudi Arabia sees 73 percent surge in tourist arrivals, 207 percent rise in revenues

This year, the Kingdom saw 17.5 million international tourist arrivals

Saudi Arabia’s King Khalid International Airport leads with 82 percent compliance among over 15 million passengers: GACA 

GACA assesses airport performance based on annual passenger volumes for a transparent evaluation process 

Saudi Arabia climbs to 14th spot in Global AI Index, first among Arab nations

This 17-rank jump among 83 countries highlights the Kingdom's rapid progress in AI adoption and development 

Saudi-Italy bilateral trade hits $10.1 billion as 7,000 Italian firms target Saudi market

The announcement was made at the Saudi-Italian Business Forum at the Federation of Saudi Chambers' headquarters 

Saudi Arabia climbs 25 spots to 4th globally, 1st regionally in UN digital services index

The Kingdom ranked seventh in the e-participation index, with Riyadh placed third among 193 global cities 

In Saudi Arabia’s digital ascent, Google Cloud rises as a key growth catalyst

Dammam cloud region could create about 150,000 jobs by 2030 and support 1.2 million SMEs

EFG Hermes KSA: Banking on opportunities in Saudi Vision 2030 and beyond

Since 2019, firm has successfully completed more than 14 IPOs in the Kingdom

Visa responds to challenges and opportunities in Saudi Arabia’s growing tourism sector

Innovating payment and tourism ecosystems key to leveraging consumers’ increasingly digital lifestyle

The Helicopter Company’s expansion, a boost to Saudi Arabia growth ambitions

Company plans to grow its fleet to 100 aircraft in the next few years

SMEs account for 90 percent of the industrial sector in Saudi Arabia, says Minister Alkhorayef

The ministry has launched initiatives in the industrial and mining sectors for entrepreneurs and SMEs to leverage

Saudi Arabia, U.K. discuss advancing 79 initiatives across 13 sectors and $103 billion bilateral trade

The discussions also covered Saudi Arabia's Vision 2030 and ongoing economic and development reforms

Saudi Arabia’s real estate market maintains upward momentum, fueled by residential and hospitality sectors: Report

The residential sector began strong in H1 2024, delivering 27,500 units in Riyadh and Jeddah 

Saudi fund to finance $41-million infrastructure rehabilitation project in Dominica

This initiative aims to boost socio-economic growth and improve residents' quality of lifeÂ