Vision 2030

Saudi Arabia’s liquidity grows 9 percent to record high of $772.37 billion in Q2 2024

Since the beginning of the year, Saudi Arabia's liquidity has grown 5.5 percent, rising by over SAR148.83 billion

Non-oil activities in Saudi Arabia expand by 4.9 percent in Q2 2024: GASTAT

Seasonally adjusted real GDP rose by 1.4 percent compared to the first quarter of 2024

Saudi Arabia surpasses target of 100 million visitors seven years ahead of schedule: IMF

Saudi Arabia is now earning more from international visitors than it is spending on outbound tourism, shifting service balance to a surplus

Saudi Arabia-based barq partners with Mastercard on advanced payment acceptance technology

Partnership will contribute to the digital transformation of financial services in Saudi Arabia, in line with Vision 2030

IMF commends Saudi Arabia’s progress under Vision 2030: Report

The Fund highlighted resilient non-oil growth in the Kingdom, applauded record low unemployment

GenAI to raise Saudi Arabia’s technology sector operating profits to $4 billion by 2028

The telecom, media & entertainment, and technology sectors could achieve the highest potential margin upside by adopting GenAI

Saudi Central Bank confirms Q4 2024 as launch period for ‘Samsung Pay’ service in Kingdom

Samsung Pay provides secure payments, letting users manage digital cards in the Samsung Wallet app

Saudi Arabia’s PMI rises to 54.8 in August 2024, driven by new business and government investment

The PMI noted significant job creation, with employment rising at one of the highest rates in a decade

NEOM Green Hydrogen Company launches vocational training program in Saudi Arabia

Partnership aligns with Saudi Arabia's Vision 2030 objective of becoming a global leader in renewable energy and sustainable development

Saudi Arabia enhances air connectivity with new direct flight route from Riyadh to London

Saudi Minister of Tourism oversaw agreement between Air Connectivity Program and Virgin Atlantic Airlines

Saudi fund deploys $20 billion globally in 50 years

800+ development projects have been funded by SFD since inception

Saudia expands Indonesia network, launches four direct weekly flights to Medan

Saudia celebrated the inaugural flight to Medan with a ribbon-cutting ceremony at Prince Mohammad bin Abdulaziz International Airport in Madinah

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