Economy

A team from the Ministry of Economy and Planning, led by Deputy Minister Rakan Alsheikh, participated in key sessions of...

Amid the towering skylines of Riyadh, Jeddah, and Dammam that epitomize Saudi Arabia's economic prowess, a transformative story of decentralized...

In the heart of Saudi Arabia, a significant shift is underway within the mining sector, which is set to become...

At a pivotal gathering in Islamabad, the foreign ministers of Saudi Arabia and Pakistan led the Special Investment Facilitation Council...

The World Bank has updated its projections for the growth of the Saudi economy, now anticipating an increase of 5.9%...

The World Bank has updated its economic forecasts for the Kingdom of Saudi Arabia, predicting a more robust growth than...

The International Monetary Fund (IMF) has recently updated its forecast for Saudi Arabia's economic growth, now anticipating a robust 6...

The inflation rate in Saudi Arabia took a modest step back in March, recording a 1.6 percent rate, a slight...

In a recent development, Saudi Arabia has dispatched its top diplomat to Pakistan with an entourage of officials for a...

The World Bank has recently updated its economic growth forecasts, indicating a more optimistic outlook for Saudi Arabia's economy. The...

Saudi Arabia's economy has reached a new milestone with its non-oil sector revenues hitting an unprecedented $453 billion.The nation's economic...

March witnessed the continuation of expansion within the non-oil private sectors of Saudi Arabia and the UAE, despite a slight...

In March, Saudi Arabia's non-oil private sector exhibited a robust growth surge, reaching a peak in output not seen in...

Expansion in Saudi Arabia's non-oil private sector was driven by robust demand and the acquisition of new clients, resulting in...

A recent financial pact between Bangladesh and a Saudi financial institution is poised to fortify the energy stability of the...

In a landmark achievement for Saudi Arabia, preliminary figures from the nation's Central Bank have unveiled a staggering increase in...

The Kingdom of Saudi Arabia is set to enhance its climate financing efforts through the introduction of the Green Finance...

The General Authority for Statistics in Saudi Arabia disclosed a significant 16% rise in net Foreign Direct Investment (FDI) flows...

January 2024 witnessed a marginal uptick of 0.8 percent in Saudi Arabia's non-oil exports, including re-exports, in comparison to the...

Saudi Arabia witnessed a modest enhancement in its non-oil export sector at the start of the year, with a 0.8...

The Islamic Trade Finance Corporation (ITFC) has announced a substantial financing agreement, committing a total of $1.4 billion to Bangladesh...

In a pivotal virtual assembly, the Economic and Development Affairs Council recently scrutinized a suite of reports and pressing items...

As Saudi Arabia embarks on its ambitious economic transformation plan dubbed 'Saudi Vision 2030', it has become clear that oil...

Saudi Arabia has announced a substantial financial boost for investors in its mining sector, providing a package that reaches almost...

Historically the world's leading oil producer, Saudi Arabia has long been the go-to source for oil, supplying vast quantities to...

In a significant move to promote the mining sector, the Saudi Ministry of Industry and Mineral Resources, together with the...

Saudi Arabia's Transformation: A Non-Oil Economic SurgeSaudi Arabia, traditionally known for its pivotal role in the global oil market, has...

In a landmark achievement for Saudi Arabia, the nation's non-oil activities have reached an unprecedented milestone, constituting 50% of the...

The esteemed international agency for credit assessment, S&P Global Rating, has recently reaffirmed the sovereign credit ratings for Saudi Arabia,...

In 2023, Saudi Arabia's economy underwent a noteworthy transformation, with the non-oil segment achieving a historic feat by accounting for...