Saudi Arabia’s Economy on the Rise: 5.9% Growth Forecasted for 2025
According to the World Bank's Chief Economist for the Middle East and North Africa (MENA) region, Roberta Gatti, Saudi Arabia's ...
Tag: economic growth
Riyadh to Spearhead Global Economic Dialogue
With the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Crown Prince and Prime Minister of ...
Saudi Arabia’s Ambitious Green Transition and Economic Strategy
In observance of International Mother Earth Day on April 22, Saudi Arabia is making significant strides in combating climate change, ...
Saudi Arabia’s Economy Set for Robust Growth
Foreign direct investors often gauge potential opportunities by examining a country's economic growth rate. In this regard, Saudi Arabia has ...
Saudi Fund for Development Allocates $67M to Oman’s SMEs
The Saudi Fund for Development (SFD) has recently formalized a financial support pact with the Oman Development Bank (ODB), dedicating ...
Global Economic Dynamics Discussed at OECD Meetings in Paris
A team from the Ministry of Economy and Planning, led by Deputy Minister Rakan Alsheikh, participated in key sessions of ...
Saudi Arabia’s Economic Forecast Adjusted by World Bank
The World Bank has updated its projections for the growth of the Saudi economy, now anticipating an increase of 5.9% ...
Saudi Economy’s Upward Trajectory: World Bank Forecasts
The World Bank has updated its economic forecasts for the Kingdom of Saudi Arabia, predicting a more robust growth than ...
Saudi Arabia’s Economic Outlook Bolstered by IMF Predictions
The International Monetary Fund (IMF) has recently updated its forecast for Saudi Arabia's economic growth, now anticipating a robust 6 ...
Saudi Economy Growth Projection Uplifted by World Bank
The World Bank has recently updated its economic growth forecasts, indicating a more optimistic outlook for Saudi Arabia's economy. The ...
Saudi POS Transactions Surge, Reflecting Digital Shift
The Kingdom of Saudi Arabia has observed a significant 20 percent year-on-year upsurge in point-of-sale (POS) transactions this February, amounting ...
Metaverse Revolution: A New Era for Business and Interaction
The metaverse, a virtual realm enhanced by augmented and virtual reality, is set to break down geographical constraints and elevate ...
Global Space Sector’s New Contenders: Emerging Markets
The landscape of the space industry is undergoing a transformative change as emerging markets around the globe are making substantial ...
King Abdul Aziz Port: A Maritime Marvel Powering Economic Growth
Positioned on the shores of the Arabian Gulf, the King Abdul Aziz Port in Dammam stands as the largest port ...
Asian Stock Markets Witness Uplift Amidst Economic Optimism
In a recent surge of economic confidence, equity markets across Asia experienced a noticeable increase. The uptick in shares suggests ...
Saudi Market Attracts Global Funds with Diverse Opportunities
The Kingdom of Saudi Arabia has been making notable strides in economic development, which has resulted in a surge of ...
Saudi Arabia Shatters Records with Visitor Spending
In a landmark achievement for Saudi Arabia, preliminary figures from the nation's Central Bank have unveiled a staggering increase in ...
Navigating the Saudi Business Wave: UK Execs Explore New Horizons
With the United Kingdom's economy experiencing a period of stagnant growth and a noticeable decrease in metropolitan transactions, numerous top-level ...
Saudi Arabia’s FDI Surge in Q4 2023
The General Authority for Statistics in Saudi Arabia disclosed a significant 16% rise in net Foreign Direct Investment (FDI) flows ...
Saudi Arabia Pledges $100M to Boost Tourism Expertise
Saudi Arabia's Minister of Tourism, Ahmed Al-Khateeb, has recently disclosed an investment of approximately SAR375 million, equating to $100 million, ...
The Rise of Saudi Arabia’s Mining Industry
In an ambitious move to harness an estimated $2.5 trillion in mineral wealth, Saudi Arabia is rolling out incentives and ...
Saudi Arabia Launches $182M Incentive for Mining Sector
In a significant move to promote the mining sector, the Saudi Ministry of Industry and Mineral Resources, together with the ...
Oil Prices Surge on Export Cuts and Global Demand Hikes
Oil prices witnessed a significant uptick, reaching a four-month high, driven by a combination of reduced crude exports from leading ...
Stable Financial Horizon for Saudi Arabia: S&P Ratings Affirmation
S&P Global Ratings, a leading international rating agency, has reasserted its confidence in Saudi Arabia's financial health, maintaining the nation's ...
Jada Fund of Funds Dives into Venture Debt with PFG Investment
Marking a strategic expansion in the realm of venture debt, the Jada Fund of Funds, a branch of the Saudi ...
Saudi Arabia Embraces Chain-Linking Method for Real GDP Calculation
The General Authority for Statistics in Saudi Arabia has recently transitioned to a new technique for computing the country's real ...
Navigating Dispute Resolution: Riyadh’s International Conference
The Saudi capital, Riyadh, has recently hosted the 3rd iteration of the International Conference spearheaded by the Saudi Center for ...
Saudi Arabia Unveils Transformative Tourism Program
Saudi Arabia's Minister of Tourism, Ahmed Al-Khateeb, has announced the launch of an innovative initiative designed to accelerate the nation's ...
Doha to Host Premier GCC Banking and Finance Conference
In a significant development for the financial sector of the Gulf Cooperation Council (GCC), Secretary-General Jassem Mohammed Al-Budaiwi has announced ...
Saudi Arabia’s Strategic Plan to Revitalize Tourism
Saudi Arabia's Minister of Tourism, His Excellency Ahmed Al-Khateeb, recently announced the launch of a transformative program designed to bolster ...