Tag: economic diversification

China's investment footprint in Saudi Arabia has expanded dramatically, with the country's greenfield foreign direct investment (FDI) inflow into the ...

China has risen to prominence as the foremost investor in Saudi Arabia's greenfield projects, with a staggering $16.8 billion directed ...

China has escalated its investment presence in Saudi Arabia, particularly concentrating on sectors pivotal for non-oil economic expansion. With a ...

March witnessed a robust expansion in Saudi Arabia's non-oil business activities, with the sector's output hitting a six-month peak. This ...

In a significant move towards reducing its reliance on oil, Saudi Arabia has reached a pivotal point as its non-oil ...

In an insightful exchange, Mohammed Al Naimi, CEO of ACT Group, delves into how Saudi Arabia's Vision 2030 is reshaping ...

As Gulf nations seek to expand their economic horizons beyond the oil sector, they have set their sights on the ...

The Middle East's financial landscape is witnessing a transformative shift towards green finance, playing a pivotal role in bolstering economic ...

In a groundbreaking year for its travel sector, Saudi Arabia achieved a significant milestone, with foreign visitors' expenditures soaring to ...

Saudi Arabia is taking a significant stride towards fulfilling its Vision 2030 with the launch of the Integrated Maritime Service ...

Tim Callen, renowned for his tenure at the International Monetary Fund (IMF), is recognized as an authority on the economies ...

As Saudi Arabia seeks to expand its economic horizon beyond oil, China has stepped up as its principal foreign investor, ...

Foreign direct investment (FDI) inflows into Saudi Arabia marked a significant increase to SAR13.1bn ($3.49bn) in the final quarter of ...

The United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA) have achieved remarkable placements in the Global Entrepreneurship ...

The private equity landscape in Saudi Arabia is experiencing a remarkable boom. In a recent surge, the sector's value leapt ...

With sights set on becoming a global tourism leader, Saudi Arabia is targeting a place among the top 10 nations ...

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

Saudi Arabia has proudly announced the creation of Ceer, its pioneering electric vehicle (EV) brand, marking a significant milestone in ...

At the heart of Rio de Janeiro, science academies of the G20 nations convened under the Brazilian presidency to kick ...

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

At the prestigious Ritz-Carlton Moscow Hotel, PIF Managing Director Yasir bin Othman Al-Rumayyan made an appearance during the Russian-Saudi Investment ...

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

The Saudi Export-Import Bank has reported a significant achievement in 2023, with the implementation of credit facilities amounting to SR16.5 ...

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 ...

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

Saudi Arabia's National Development Fund (NDF) announces the establishment of two new venture capital funds, collectively worth $120 million, dedicated ...

The Saudi Arabian business sphere is currently witnessing a robust expansion, with several industries emerging as key drivers of this ...

The Jada Fund of Funds, a branch of the Saudi Public Investment Fund, is channeling 1 billion Saudi riyals (approximately ...

A subsidiary of the Saudi Public Investment Fund (PIF) has taken a significant step in the venture debt space by ...