Vision 2030

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

Saudi Arabia’s NEOM completes mega infrastructure project phases ahead of schedule

Projects boost NEOM's commitment to leading-edge sustainable transportation solutions

Saudi Arabia dominates GCC bond market in H1 2024 with $37 billion in issuances

GCC fixed income markets saw $75.5 billion in primary issuances during this period

Saudi Arabia’s flynas announces new weekly flights to Manama, Doha starting September

Airline will operate three weekly flights between Madinah airport and Bahrain International Airport in Manama as of September 10

Riyadh ranks among 15 fastest-growing cities in the world by 2033: Report

Riyadh's population to grow from 5.9 million to 9.2 million in 10 years

Saudi non-oil exports to China exceed $46.9 billion over past 5 years

This highlights the strong economic and trade relationship between Saudi Arabia and China

Saudi Arabia’s capital market raises $8 billion from 70 sukuk, debt instrument listings in 2023: Report

Saudi Arabia saw record high net foreign investments, which rose 7.7 percent annually to $52.78 billion in 2023

Saudi Arabia, U.K. explore opportunities in sustainable city development, green energy

Saudi Arabia's Ambassador to the U.K. highlighs the growth of debt markets and insurance companies across the Kingdom