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Vision 2030
Saudi Arabia
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
Economy
$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
Hospitality & Tourism
Saudi Arabia’s Quality of Life Program creates over 925,000 jobs in tourism in 2023
Program rehabilitated of over 100 heritage sites and museums in 2023
Hospitality & Tourism
Saudi Entertainment Ventures joins Qiddiya to enhance entertainment ecosystem
SEVEN spearheads 21 entertainment projects across 14 cities, with investments exceeding $13.33 billion
Hospitality & Tourism
Saudi Arabia’s Diriyah seeks U.K. partnerships in business, development projects
Diriyah reiterates commitment to expanding its partnership portfolio across various sectors
Logistics
Saudi Arabia plans $100 billion investment to develop aviation sector
Over $50 billion will go to developing the country's airports
Hospitality & Tourism
Saudi Arabia’s NEOM reveals Jaumur: Luxurious marina community with 500 apartments, 700 villas, boutique hotels and more
The new marina community includes boarding school, offers superyacht docking
Hospitality & Tourism
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
Real Estate
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
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
Hospitality & Tourism
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
Banking & Finance
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
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
Economy
Saudi Arabia’s net FDI surges 16 percent to $3.49 billion, supporting non-oil growth
Saudi Arabia aims to attract $100 billion in FDI by 2030
Markets
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
Hospitality & Tourism
IHG inks agreement to launch Hotel Indigo and Residences in Al Khobar, Saudi Arabia
The hotel will will offer over 200 rooms and hotel apartments
Economy
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
Economy
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
Hospitality & Tourism
NEOM secures $2.67 billion revolving credit facility for development projects
Financing boosts ongoing development endeavors and short-term financing requirements
Miscellaneous
Saudi Arabia’s cinema revenue soars to over $986 million in just six years
Currently, Saudi Arabia has 66 movie theaters with approximately 618 screens and 63,373 seats
Industry
$410 billion in investments propel Saudi Arabia’s mining sector growth
$2.5 trillion in mineral wealth support Saudi Arabia's diversification efforts
Industry
Saudi MODON attracts investments worth $3.85 billion in 2023: Report
MODON received the "Most Attractive Destination for Investments Award" in 2023
Industry
Mohammed Al Naimi, CEO of ACT Group, on Saudi Arabia’s evolving industrial landscape
Vision 2030 propels industrial sector through mega projects
Hospitality & Tourism
Saudi Arabia’s tourism sector sets new record, foreign visitor spending touches $36 billion
In 2023, Saudi Arabia led the UN tourism list for the growth rate of international tourists compared to 2019
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