Vision 2030

Riyadh Air, noon Payments partner to offer seamless digital payment options

Partnership showcases the airline's dedication to fostering local innovation and contributing to the broader economic goals of Saudi Arabia

New business park with $1 billion investment aims to transform Saudi’s Boulevard City

 The park features 60,000 sqm of creative spaces, nine innovative office buildings

Saudi Arabia to reap $13.3 billion from Esports and gaming by 2030: Report

Tech and government investments are transforming the Kingdom's esports sector, creating 39,000 jobs by 2030

Saudi Arabia sees 60 percent surge in number of factories since launch of Vision 2030

National Industrial Strategy seeks to raise the number of factories across the country 3.5 fold to 36,000 factories by 2035

Saudi Arabia’s ports climb to 15th spot in global container handling ranking: Report

Jeddah Islamic Port has made particularly impressive strides, leaping from 41st to 32nd place

Jeddah Season 2024 attracts 1.7 million visitors to 52-day cultural and entertainment extravaganza

The season invited visitors to explore Jeddah's historic UNESCO site, preserving 400 years of ancient social life

184 foreign companies move regional headquarters to Saudi Arabia in H1 2024: Report

In total, the ministry of investment issued 2,728 investment licenses during the first half of the year, up 49.6 percent annually

Saudi Arabia’s Najran region advances Vision 2030 goals with a mine wealth worth $38.64 billion

The Najran region is home to 90 factories with investments surpassing $1.28 billion

Red Sea International secures $175 million contract for NEOM’s Trojena Dam workers’ camp

Earlier this year, NEOM awarded $4.7 billion contract to Webuild for the Trojena project

Riyadh awards four major contracts worth $3.46 billion for road development

Program positions Riyadh as a leading global metropolis and a central hub for sustainable transportation and logistics in the Middle East

Tourism spending in Saudi Arabia exceeds $37 billion in 2023

GCC tourists injected over $4 billion into the economy last year, with Bahrain being the top source market

Saudi Tourism Authority, Visa partner to launch innovative tourism data hub

The initiative aligns with the Saudi government's vision to drive the Kingdom's tourism sector and elevate visitor experiences

Riyadh Air awards $400 million ground handling contract for King Khalid International Airport

Riyadh Air to launch commercial operations at the King Khalid International Airport by mid-2025

Saudi Arabia’s FDI balance rises 6.1 percent to $217.88 billion in Q1 2024: Report

Saudi Arabia's total fixed capital formation grew 8 percent during Q1 of 2024

Saudia launches four weekly flights to Medan, Indonesia starting August 31

Expansion supports objectives of Saudi Vision 2030, which aims to host 30 million Umrah pilgrims by 2030

Saudi Arabia’s MODON secures 9 deals worth $266.47 million to develop industrial cities

The projects include infrastructure development for the third industrial city in Jeddah and the second industrial city in Makkah

Saudi Arabia’s residential real estate prices rise 2.8 percent in Q2 2024

Apartment prices in Saudi Arabia increased by 2.9 percent while villa prices declined by 0.5 percent

NEOM’s social responsibility programs benefit 50,000 people: Report

The mega-project awarded 26 projects to companies in Tabuk, helping 583 people secure employment

Saudi Arabia confident in 2034 World Cup bid, featuring rising football stars

The bid reflects Kingdom’s efforts to achieve the sports goals of Vision 2030

Saudi Arabia’s data and AI authority launches data center expansion projects in Riyadh

The value of the Kingdom's data and AI economy is currently at around $4-5 billion

Saudi Arabia’s Dammam port sees 37.4 percent container handling growth, manages 1.53 million units in H1 2024

Transshipment containers also surged by 87.87 percent to 37,806 units from 20,124 in 2023