Vision 2030
Program positions Riyadh as a leading global metropolis and a central hub for sustainable transportation and logistics in the Middle East
GCC tourists injected over $4 billion into the economy last year, with Bahrain being the top source market
The initiative aligns with the Saudi government's vision to drive the Kingdom's tourism sector and elevate visitor experiences
Riyadh Air to launch commercial operations at the King Khalid International Airport by mid-2025
Saudi Arabia's total fixed capital formation grew 8 percent during Q1 of 2024
Expansion supports objectives of Saudi Vision 2030, which aims to host 30 million Umrah pilgrims by 2030
The projects include infrastructure development for the third industrial city in Jeddah and the second industrial city in Makkah
Apartment prices in Saudi Arabia increased by 2.9 percent while villa prices declined by 0.5 percent
The mega-project awarded 26 projects to companies in Tabuk, helping 583 people secure employment
The bid reflects Kingdom’s efforts to achieve the sports goals of Vision 2030
The value of the Kingdom's data and AI economy is currently at around $4-5 billion
Transshipment containers also surged by 87.87 percent to 37,806 units from 20,124 in 2023
Projects boost NEOM's commitment to leading-edge sustainable transportation solutions
GCC fixed income markets saw $75.5 billion in primary issuances during this period
Airline will operate three weekly flights between Madinah airport and Bahrain International Airport in Manama as of September 10
Riyadh's population to grow from 5.9 million to 9.2 million in 10 years
This highlights the strong economic and trade relationship between Saudi Arabia and China
Saudi Arabia saw record high net foreign investments, which rose 7.7 percent annually to $52.78 billion in 2023
Saudi Arabia's Ambassador to the U.K. highlighs the growth of debt markets and insurance companies across the Kingdom
Kingdom also secured top spot in areas like long-term employment growth, social cohesion and long-term labor market growth
Great strides have been made in advancing digital transformation and building a robust payment ecosystem across the region
The number of Saudi women working in the sector saw a 37 percent increase in 2024 so far
The Kingdom’s travel and tourism sector grew by over 32 percent in 2023
