Saturday, December 20, 2025

Month: May 2025

Economy

Saudi Delegation Ends Bosnia Visit, Vows to Strengthen Trade Ties

What This Article Is About & Why It Matters This article highlights Saudi Arabia’s deepening trade and investment ties with Bosnia and Herzegovina following a delegation visit from May 19–21, 2025. Led by Deputy Governor of the General Authority of Foreign Trade Abdulaziz Al-Sukran, the mission resulted in new partnerships, business dialogue, and a trade […]

Economy

THIQAH Signs Investment Agreements in Algiers to Support Private Sector Growth

What This Article Is About & Why It Matters This article covers the Islamic Development Bank (IsDB) Group Business Forum (THIQAH)’s signing of two strategic agreements in Algiers on May 23, 2025. By partnering with Algeria’s Chamber of Commerce and Industry (CACI) and the Arab African Center for Investment and Development (CAAID), THIQAH is advancing […]

Economy

Economy Minister: Non-Oil Sector Now Makes Up 54.8% of GDP

What This Article Is About & Why It Matters This article spotlights Saudi Arabia’s continued global economic rise, as Minister of Economy and Planning Faisal Alibrahim addressed the Saudi-Spanish Business Forum on May 23, 2025. He highlighted Saudi Arabia’s record non-oil GDP growth and invited Spain to expand its investments in the Kingdom. This reflects […]

Economy

Qassim Region Accounts for One-Third of Saudi Arabia’s Fish Output

What This Article Is About & Why It Matters This article explores Qassim Region’s growing role in Saudi Arabia’s aquaculture sector, highlighting how fish farming contributes to food security, sustainable agriculture, and economic diversification. As of May 23, 2025, Qassim produces nearly one-third of the Kingdom’s inland aquaculture—aligning directly with Vision 2030’s goals to ensure […]

Tourism

Saudi Arabia Launches TOURISE, a Major Platform Shaping Global Tourism’s Future

What This Article Is About & Why It Matters This article introduces TOURISE 2025, a major Saudi-led global platform unveiled on May 23, 2025, by Minister of Tourism Ahmed Al-Khateeb. Designed to shape the future of global tourism, this initiative highlights Saudi Arabia’s leadership in sustainability, innovation, and economic transformation—aligning powerfully with Vision 2030. It […]

Economy

Kyrgyz President Meets with Saudi Investors and Chamber of Commerce Leader

What This Article Is About & Why It Matters This article reports on the May 23, 2025 diplomatic and economic engagement between Saudi Arabia and Kyrgyzstan. A delegation led by the Chairman of the Federation of Saudi Chambers met with Kyrgyz President Sadyr Zhaparov in Bishkek, strengthening bilateral investment ties and exploring collaboration in sectors […]

Economy

NCC and UNCITRAL Host Event on the Future of Alternative Dispute Resolution

What This Article Is About & Why It Matters This article highlights a milestone event hosted in Riyadh on May 23, 2025, where the National Competitiveness Center (NCC) and UNCITRAL gathered experts to explore the future of alternative dispute resolution (ADR) in a digital era. By promoting modern international trade laws, this initiative strengthens Saudi […]

Economy

Monsha’at Earns Four Awards at Smarties MENA Awards Ceremony

What This Article Is About & Why It Matters This article highlights Saudi Arabia’s continued excellence in digital innovation, with Monsha’at earning four awards at the Smarties MENA 2024 in Dubai. The recognition reflects the Kingdom’s leadership in AI-driven marketing and its Vision 2030 commitment to empowering small and medium enterprises (SMEs) as vital contributors […]

Economy

Aramco Launches World’s First Renewable Energy Storage System for Gas Operations

What This Article Is About & Why It Matters This article highlights Saudi Aramco’s groundbreaking achievement on May 23, 2025, with the world’s first use of an iron-vanadium flow battery for gas production operations. This innovation, deployed in Wa’ad Al Shamal, reflects the Kingdom’s Vision 2030 push for renewable energy, technological leadership, and global energy […]