Wednesday, December 17, 2025

Month: May 2025

Tourism

Jeddah Season adds thrill with The Garden attraction

What This Article Is About & Why It Matters This article celebrates The Garden at City Walk, a standout attraction during Jeddah Season 2025, offering family-friendly entertainment, modern adventure zones, and tranquil scenery. It reflects Saudi Arabia’s commitment to cultural vibrancy and tourism growth, showcasing how Vision 2030 continues to enhance urban life, boost visitor […]

Culture

Saudi Arabia promotes Islamic heritage at Moroccan cultural event

What This Article Is About & Why It Matters This article highlights Saudi Arabia’s participation in the Jusoor Exhibition in Marrakech, Morocco, where it showcased rare Islamic manuscripts and modern digital Dawah tools. The event reflects the Kingdom’s dedication to preserving Islamic heritage, promoting cultural diplomacy, and embracing technology to enhance global religious engagement—all aligned […]

Economy

Saudi expat remittances reach nearly 9-year peak at $4.13 billion in March

What This Article Is About & Why It Matters This article explores Saudi Arabia’s record-breaking remittance performance in March 2024, when expatriates sent SR15.5 billion ($4.13 billion)—the highest level in nearly nine years. It highlights how digital transformation, workforce growth, and financial modernization under Vision 2030 are reshaping cross-border payments and making the Kingdom a […]

Economy

Air travel in Saudi Arabia surges 15%, surpasses 128 million passengers in 2024

What This Article Is About & Why It Matters This article highlights Saudi Arabia’s impressive growth in air travel and aviation infrastructure in 2024. Passenger traffic surged by 15%, cargo volume rose 34%, and airports across the Kingdom saw enhanced connectivity and capacity. These achievements directly support Vision 2030’s goals of tourism growth, economic diversification, […]

Economy

Kingdom leads MENA in digital economy with $132 billion market value

What This Article Is About & Why It Matters This article showcases how Saudi Arabia has become the largest digital economy in the Middle East and North Africa, valued at over SR495 billion ($131.9 billion) in 2024. Through investments in AI, data centers, e-governance, and tech talent, the Kingdom is setting international benchmarks and aligning […]

Economy

Saudi holdings in US Treasuries climb to $131.6 billion in March

What This Article Is About & Why It Matters This article highlights Saudi Arabia’s financial strategy in managing its foreign reserves through investments in US Treasury securities. As of March 2025, Saudi holdings rose to $131.6 billion, reflecting strong macroeconomic management, low-risk asset diversification, and a steady global position. These decisions are key to Vision […]

Economy

Hail region in Saudi Arabia secures $2.27 billion in new investments

What This Article Is About & Why It Matters This article highlights how the Hail Investment Forum unlocked SR8.5 billion ($2.27 billion) in agreements to boost economic development in northern Saudi Arabia. It showcases Hail’s transformation into a regional investment hub—aligned with Vision 2030—and offers insight into how agriculture, tourism, logistics, and renewable energy are […]

Culture

Entertainment sector key to Saudi Arabia’s economic diversification

What This Article Is About & Why It Matters This article explores how Saudi Arabia’s rapidly expanding entertainment sector is becoming a cornerstone of the Kingdom’s Vision 2030 strategy. With rising consumer demand, increased international partnerships, and strong government backing, entertainment is not only transforming local lifestyles but also creating economic ripple effects across tourism, […]

Stocks

Saudi main stock index ends lower at 11,438

What This Article Is About & Why It Matters This article provides a snapshot of Saudi Arabia’s stock market activity as of May 19, 2025. It reflects key movements across Tadawul, Nomu, and the MSCI Tadawul Index, while offering insights into top-performing stocks, corporate announcements, and strategic financial developments. As Vision 2030 fuels economic transformation, […]

Economy

Ejari to expand operations amid rising Saudi demand

What This Article Is About & Why It Matters This article explores how Saudi startup Ejari is revolutionizing the rental experience through its “super app” model—transforming how Saudis lease, furnish, maintain, and relocate properties. Aligned with Vision 2030, Ejari is solving longstanding challenges in the real estate sector by offering flexible, digital-first solutions that promote […]