Tag: economic diversification

Saudi Arabia is reaching out to Canadian firms, offering them a stake in its growing mining industry. At a recent ...

Saudi Arabia’s economic outlook has improved, with the International Monetary Fund raising its growth forecast as OPEC+ production cuts ease. ...

Saudi Arabia’s Public Investment Fund has established Expo 2030 Riyadh Co., a new entity responsible for overseeing the Kingdom’s inaugural ...

Saudi Arabia has revised its first-quarter economic growth figures upward, with a notable boost from non-oil sectors. The latest data ...

Saudi Arabia's 2025 budget outlines a 3% deficit as the country balances fiscal discipline with ambitious economic reforms. Despite a ...

Saudi Arabia’s non-oil private sector maintained strong momentum in April, as shown by a Purchasing Managers’ Index reading of 55.6. ...

Saudi Arabia is emerging as a major destination for skilled professionals worldwide, thanks to its focus on innovation and economic ...

Saudi Arabia’s economy saw growth in the first quarter, driven mainly by stronger non-oil sector performance as the country continues ...

Saudi Arabia is making notable progress with its Vision 2030 initiative, surpassing many goals ahead of schedule. Vision 2030, launched ...

Saudi Arabia’s Vision 2030 has delivered significant progress, with 93% of its key performance indicators either fully or nearly achieved ...

Saudi Arabia’s mining industry is rapidly gaining global attention, fueled by government reforms, major investments, and a surge in domestic ...

OPEC+ is moving to increase oil production by 411,000 barrels per day in May, as eight member countries accelerate the ...

As trade tensions between the US and China intensify, manufacturers are searching for alternative bases to avoid tariff risks. Gulf ...

Saudi Arabia has launched a 5 percent Real Estate Transaction Tax (RETT) starting April 10, aimed at supporting economic diversification. ...

Saudi Arabia's economy, heavily reliant on oil, is under pressure due to plummeting crude prices, forcing the nation to consider ...

Saudi Arabia's non-oil exports to the UAE reached SR7.10 billion in January, marking a 10% increase from the previous month. ...

Saudi Arabia has introduced new incentives to draw foreign investment into its mining sector, supporting ongoing economic diversification plans. The ...

Saudi Arabia is intensifying efforts to diversify its economy by attracting foreign investors and reducing reliance on state funding. The ...

Saudi Arabia's Capital Markets Experience Robust Growth with $274 Billion Raised Saudi Arabia's capital markets have seen remarkable expansion, raising ...

At the World Economic Forum 2025, Saudi Arabia emphasized the necessity for global cooperation to address the world's fragmentation. Prince ...

Saudi Arabia's non-oil exports experienced a significant increase of 19.7% in November, reaching SR26.92 billion ($7.18 billion), highlighting efforts to ...

Saudi Arabia's Mining Ambitions Face Investor Doubts Saudi Arabia is striving to establish a significant metals and mining hub, yet ...

Saudi Arabia's Non-Oil Economic Growth Exceeds Expectations During the World Economic Forum in Davos, Saudi Arabia's finance minister, Mohammed Al-Jadaan, ...

Saudi Arabia's Economic Diversification Surpasses Expectations at World Economic Forum Saudi Arabia's finance minister, Mohammed Al-Jadaan, addressed the World Economic ...

Saudi Arabia's non-oil economy is projected to grow significantly, with rates of 4.8% in 2025 and 6.2% in 2026. This ...

Saudi Arabia's Role in Global Stability and Economic Growth Saudi Arabia emphasizes the importance of a stable Middle East for ...

Saudi Arabia has seen a significant rise in business activity, with a 60% increase in commercial records issued in 2024, ...

Saudi Arabia's economy is expected to grow by 3.3% in 2025 and 4.1% in 2026, as per the International Monetary ...

Saudi Arabia is turning to Riyadh Air to boost tourism and diversify its economy. However, the airline's launch has been ...

Saudi Arabia's General Entertainment Authority has announced 29 new investment opportunities targeting six sectors within the entertainment industry. This initiative, ...