Tag: economic growth

Saudi Arabia has dramatically increased its investment licenses, issuing over 36,000, a five-fold rise since the Vision 2030 initiative began. ...

Saudi Arabia's non-oil business sector experienced robust growth in December, despite a slight slowdown from the previous month. A recent ...

Advancements in wearable technology are enabling longer, healthier, and more meaningful lives, marking the onset of a global "longevity revolution." ...

Introduction Achieving a stable economy amidst uncertainty is a critical issue. Effective monitoring of uncertainty factors, especially crude oil price ...

Saudi Arabia has revised its economic forecasts, anticipating slower growth and larger budget deficits from 2024 to 2026 due to ...

Saudi Arabia anticipates a fiscal deficit of nearly 3% of GDP in 2024 as it ramps up spending to stimulate ...

The Saudi Fashion Commission has unveiled its annual report, the State of Fashion Sector in Saudi Arabia 2024, providing key ...

The US Federal Reserve has lowered interest rates for the first time in over four years, marking a significant policy ...

S&P Global has upgraded Saudi Arabia's economic outlook to “positive” from “stable,” reflecting strong non-oil growth and resilience against oil ...

S&P Global Ratings has upgraded Saudi Arabia's outlook from stable to positive, citing strong growth in non-oil sectors and the ...

S&P Global Ratings has upgraded its outlook on Saudi Arabia from “Stable” to “Positive” while maintaining an 'A/A-1' credit rating ...

Saudi Arabia's non-oil GDP is set to grow by up to 6% by the end of the decade, driven by ...

Saudi Arabia's economy shrank by 0.3% in 2023 compared to the previous year, primarily due to an 8.9% year-on-year decline ...

Samer Al-Kharashi, Director of the UNWTO Regional Office for the Middle East, emphasized Saudi Arabia’s pivotal role in advancing regional ...

Experts emphasize that improving education quality in the Gulf is essential for realizing the region's economic potential. Reports from the ...

The International Monetary Fund (IMF) has published a favorable report on Saudi Arabia after concluding Article IV consultations. The report ...

The International Monetary Fund (IMF) recently issued a favorable report on Saudi Arabia, following the Article IV consultations. The report ...

The International Monetary Fund (IMF) recently released a positive report on Saudi Arabia after concluding Article IV consultations. The report ...

In a bold economic transformation, Saudi Arabia is poised to allocate $1 trillion to enhance six key sectors by the ...

The Ministry of Tourism in Saudi Arabia has disclosed a significant financial influx from inbound tourists for the year 2023, ...

The Kingdom of Saudi Arabia is witnessing a remarkable increase in the number of women joining the labor market, a ...

The member nations of the Gulf Cooperation Council (GCC) are proactively enhancing incentives for both domestic and international investors within ...

In the initial quarter of 2024, Saudi Arabia experienced a surge in the construction industry, with the value of contracts ...

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) is intensifying its collaborative efforts with the Saudi ...

The real estate sector in Saudi Arabia has experienced a remarkable upsurge since the onset of 2024, amassing over 280,000 ...

Amidst strengthening economic relations between the United Kingdom and Saudi Arabia, British investors have signaled a strong interest in channeling ...

In the aftermath of the global pandemic, Saudi Arabia has emerged as a leading destination for foreign direct investment (FDI) ...

Saudi Arabia's Ascension in Global Debt Issuance signals a pivotal shift in economic strategies, as the kingdom's market size is ...

RIYADH: Making strides in its economic diversification initiatives, Saudi Arabia has climbed to the 16th position in the World Competitiveness ...

Spanning over 14 centuries, Saudi Arabia's pivotal role in Islamic pilgrimage has drawn countless faithful to its revered cities of ...