Vision 2030

Saudi banks see 11 percent increase in loans in April, surpassing $715 billion driven by corporate activities

Personal loans constituted 47 percent of banks' total lending, while corporate loans made up the remaining 53 percent

Saudi Arabia’s non-oil sector projected to grow 4.8 percent in 2024, 5.2 percent in 2025: Report

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

Aviation sector contributes $53 billion to Saudi GDP: Report

The sector supports 241,000 jobs, with a further estimated 717,000 jobs in the tourism sector

Saudi Arabia’s Ministry of Industry issues 12 new mining licenses in March 2024

The licenses cover 10 building materials quarry licences, one mineral ores surplus licence, and one reconnaissance licence

Saudi Arabia, U.S. forge roadmap for cooperation in energy with focus on sustainability

Roadmap builds on the 2022 Partnership for Advancing Clean Energy Agreement

$3.7 billion Saudi investments set to boost North East England’s economy, generate 2,000 jobs: U.K. Official

An Education Task Force will be also established to promote cooperation in higher education

Saudi Entertainment Ventures joins Qiddiya to enhance entertainment ecosystem

SEVEN spearheads 21 entertainment projects across 14 cities, with investments exceeding $13.33 billion

Saudi Arabia’s Diriyah seeks U.K. partnerships in business, development projects

Diriyah reiterates commitment to expanding its partnership portfolio across various sectors

Saudi Arabia plans $100 billion investment to develop aviation sector

Over $50 billion will go to developing the country's airports

Saudi Arabia e-visa accessibility extended to Barbados, Bahamas, and Grenada

With this expansion, the total number of countries eligible for the E-visa has increased to 66

Saudi Arabia’s developers poised for growth amid property shortage, government support: S&P

Report expects real estate to increase its contribution to the GDP from 6 percent to 10 percent by 2030

Saudi Arabia allocates $2.5 billion to Middle East Green Initiative

Central to Saudi Arabia’s strategy for addressing climate change is the implementation of afforestation programs

Saudi Arabia’s Qiddiya set to build Aquarabia, region’s largest water theme park

Aquarabia will also offer an underwater adventure trip using diving vehicles

Saudi Arabia’s Vision 2030 will need around $1 trillion in investments over several years: Report

Non-oil economy will continue to grow with increased government investments in Vision 2030 projects

Saudi Arabia and Japan to collaborate on digital economy growth, technology innovation

Both parties discussed the progress made in various digital projects and joint initiatives under the Saudi and Japanese Vision 2030 frameworks

Saudi Arabia set to increase assets under management to 29.4 percent of GDP by 2024

The Kingdom surpassed 2023 targets with 216 fintech companies in operation and the launch of two digital banks

Saudi Arabia’s real GDP grows 1.3 percent in Q1 of 2024

In Q1, Saudi Arabia's non-oil activities saw a 2.8 percent annual increase

Saudi Arabia to host 28th World Investment Conference from November 25 to 27

Conference positions Saudi Arabia as global investment hub, promotes its promising business environment

NEOM secures $2.67 billion revolving credit facility for development projects

Financing boosts ongoing development endeavors and short-term financing requirements