Tag: non-oil economy

Saudi Arabia is undergoing a major economic shift as it reduces its reliance on oil and focuses on expanding its ...

Saudi Arabia’s tourism sector continues to surge, with international visitors spending over SR49 billion in the first quarter of 2025, ...

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

Standard & Poor’s (S&P) has reaffirmed Saudi Arabia’s credit rating at "A/A-1" for both local and foreign currency, improving the ...

S&P Global Ratings has upgraded Saudi Arabia's outlook from stable to positive, highlighting the potential for future ratings increases. This ...

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

Standard & Poor’s Affirms Kingdom’s Credit Rating, Upgrades Outlook to Positive Standard & Poor’s (S&P) has confirmed the Kingdom’s credit ...

Standard & Poor's (S&P) has affirmed Saudi Arabia's credit rating at "A/A-1" for both local and foreign currency, while upgrading ...

Saudi Arabia is undergoing significant economic transformation aimed at reducing its dependence on oil. The government is enacting comprehensive reforms ...

Saudi Arabia is on the brink of a transformative investment journey, with plans to channel $1 trillion into a capex ...

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

In recent developments, the non-oil sector of Saudi Arabia has shown significant growth, driven by a surge in new orders, ...