Tag: economic diversification

In a rapidly growing economy, organizational stability is crucial. Business continuity has become vital in Saudi Arabia, driven by the ...

Across the international scene, Middle Eastern sovereign wealth powerhouses have been notable for their aggressive investment strategies. The Saudi Public ...

Saudi Arabia has decided to allocate a mere 25% of its $1 trillion strategic investment plan to the oil sector, ...

A recent analysis from Goldman Sachs reveals that Saudi Arabia is set to channel $1 trillion into strategic sectors by ...

The Kingdom of Saudi Arabia has unveiled a set of new legislations aimed at enhancing transparency and streamlining the investment ...

Goldman Sachs highlights a significant transformation in Saudi Arabia's investment approach, predicting a substantial influx of $1 trillion into six ...

In a strategic pivot towards sustainable energy, Saudi Arabia is set to bolster its investment in the green sector, while ...

Saudi Arabia is set to channel a lower amount of capital into its oil industry than what was previously anticipated, ...

The Kingdom of Saudi Arabia is setting a strategic focus on broadening its economic landscape and enhancing the development of ...

During a recent dialogue session in Dalian, China, Saudi Arabia's Minister of Economy and Planning, Faisal Al Ibrahim, provided insights ...

Saudi Arabia is on track to clinch the title of the leading construction market worldwide, with substantial financial investments channeled ...

As Saudi Arabia strides towards becoming a top international tourist destination and a pivotal regional commercial nexus, there is mounting ...

Employees at Saudi state-supported firms have experienced unexpected budget reductions in recent times, with the onset of these austerity measures ...

Saudi Arabia has announced an ambitious plan to enhance its debt capital markets, which includes potential tax relaxations aimed at ...

Investment Spotlight on Saudi Aramco’s Latest Share OfferingSaudi Arabia has made a striking move in the global investment scene by ...

Throughout the current year, GCC nations have collectively issued approximately $45 billion in bonds and sukuk. This impressive figure indicates ...

Patria Investments Ltd., a prominent player in the alternative asset management space within Latin America, is actively pursuing the expansion ...

The latest figures from the General Authority for Statistics (GASTAT) indicate a complex yet promising economic situation in Saudi Arabia ...

The Kingdom of Saudi Arabia's real gross domestic product (GDP) witnessed an uplift of 1.4 percent in the opening quarter ...

The Saudi Ministry of Tourism has made a significant appearance at the 46th Annual NYU International Hospitality Investment Conference, showcasing ...

The NEOM Board of Directors has announced the creation of Magna, a high-end coastal destination designed to elevate the standards ...

Boosting foreign direct investment (FDI) is crucial for Saudi Arabia's diversification from an oil-based economy, as outlined in Vision 2030, ...

The sovereign wealth fund of Saudi Arabia, known as the Public Investment Fund (PIF), has established a new enterprise aimed ...

Riyadh Witnesses a 20.4% Surge in SME Funding to $73.5 BillionAs the last quarter of 2023 came to a close, ...

Ukraine is actively engaging with Saudi Arabian entities to secure financial collaborations aimed at diversifying its economy. The sectors under ...

Saudi Arabia has emerged as the frontrunner in Initial Public Offering (IPO) activities within the Middle East and North Africa ...

Red Sea Global Amplifies Saudi Tourism Offerings with Strategic AlliancesSaudi Arabia's efforts to bolster its tourism sector received a significant ...

The Deputy Minister of Industry and Mineral Resources of Saudi Arabia, Khalil bin Salamah, recently shone a light on the ...

Saudi Arabia disclosed a budget shortfall of 12.39 billion Saudi riyals (around $3.303 billion) for the initial quarter of 2024, ...

Saudi Arabia's Robust Asset Position Upheld by Prudent Fiscal Measures The steadfast commitment of the Saudi government to diversify its ...