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Personal loans constituted 47 percent of banks' total lending, while corporate loans made up the remaining 53 percent
The Kingdom's GDP is expected to expand by 2.3 percent in 2024 and accelerate to 5.8 percent in 2025, the report said
Neo Space Group is PIF's first venture into the space sector
The sector supports 241,000 jobs, with a further estimated 717,000 jobs in the tourism sector
The licenses cover 10 building materials quarry licences, one mineral ores surplus licence, and one reconnaissance licence
Roadmap builds on the 2022 Partnership for Advancing Clean Energy Agreement
An Education Task Force will be also established to promote cooperation in higher education
Program rehabilitated of over 100 heritage sites and museums in 2023
SEVEN spearheads 21 entertainment projects across 14 cities, with investments exceeding $13.33 billion
Diriyah reiterates commitment to expanding its partnership portfolio across various sectors
Over $50 billion will go to developing the country's airports
The new marina community includes boarding school, offers superyacht docking
With this expansion, the total number of countries eligible for the E-visa has increased to 66
Report expects real estate to increase its contribution to the GDP from 6 percent to 10 percent by 2030
Central to Saudi Arabia’s strategy for addressing climate change is the implementation of afforestation programs
Aquarabia will also offer an underwater adventure trip using diving vehicles
Non-oil economy will continue to grow with increased government investments in Vision 2030 projects
Both parties discussed the progress made in various digital projects and joint initiatives under the Saudi and Japanese Vision 2030 frameworks
Saudi Arabia aims to attract $100 billion in FDI by 2030
The Kingdom surpassed 2023 targets with 216 fintech companies in operation and the launch of two digital banks
The hotel will will offer over 200 rooms and hotel apartments
In Q1, Saudi Arabia's non-oil activities saw a 2.8 percent annual increase
Conference positions Saudi Arabia as global investment hub, promotes its promising business environment
Financing boosts ongoing development endeavors and short-term financing requirements