Category: Economy

Saudi Arabia continues to soar to new heights with its latest aviation milestone. AviLease, a leading aircraft leasing company based in Riyadh, has placed a monumental order for up to 77 Airbus aircraft, including the A320neo family and the A350F. This bold move underscores the Kingdom’s commitment to Vision 2030, showcasing its dedication to economic […]

At the prestigious Paris Air Show, Riyadh Air unveiled a groundbreaking deal to purchase 50 Airbus A350-1000 aircraft. This historic announcement marks a significant milestone for Saudi Arabia’s aviation sector and its broader ambitions under Vision 2030. The move underscores the Kingdom’s commitment to diversifying its economy, boosting tourism, and enhancing global connectivity. Vision 2030, […]

SAMI Shines at Paris Air Show 2025 The Saudi Arabian Military Industries (SAMI) made a remarkable impression at the Paris Air Show 2025, showcasing its cutting-edge expertise and innovation. This event highlighted SAMI’s role as a key player in the global aerospace and defense industry, aligning with Saudi Arabia’s Vision 2030 goals. SAMI’s participation underscored […]

Saudi Arabia continues to lead the way in global maritime innovation with Mawani’s launch of the new IM2 shipping service at Jeddah Islamic Port. This initiative underscores the Kingdom’s commitment to enhancing its logistics capabilities, a cornerstone of Vision 2030. By strengthening Jeddah’s position as a key hub, Mawani is driving economic diversification and fostering […]

Saudi Arabia continues to strengthen its global partnerships through meaningful dialogue and collaboration. Recently, the Chairman of the Saudi Chambers Federation met with the Ethiopian and Senegalese Ambassadors, underscoring the Kingdom’s commitment to fostering international relations. These discussions highlighted shared goals in trade, investment, and cultural exchange, aligning with Saudi Arabia’s Vision 2030 objectives. The […]

Saudi Arabia continues to lead in sustainability with a groundbreaking agreement between the Voluntary Carbon Market (VCM) and Enowa. This partnership aims to deliver over 30 million tons of carbon credits, reinforcing the Kingdom’s commitment to Vision 2030 and its global environmental responsibilities. This initiative showcases Saudi Arabia’s dedication to reducing carbon emissions while fostering […]

Saudi Arabia continues to shine as a hub for innovation and global collaboration with the International Hardware Fair Saudi Arabia and FSB Sports Show Riyadh Open. These landmark events highlight the Kingdom’s commitment to Vision 2030, showcasing its strides in economic diversification and tourism growth. Hosted in the vibrant capital of Riyadh, these fairs bring […]

Saudi Arabia’s Monsha’at recently concluded its successful participation in VivaTech 2025, held in Paris. This global tech event showcased the Kingdom’s innovative strides under Vision 2030. Monsha’at’s presence highlighted Saudi Arabia’s commitment to fostering entrepreneurship and technological advancement. The event served as a platform to share Saudi expertise and learn from global leaders. It also […]

The Minister of Finance recently emphasized the critical need for diversifying energy sources at the OPEC Fund Forum, aligning with Saudi Arabia’s Vision 2030. This forward-thinking approach underscores the Kingdom’s commitment to sustainable development and economic resilience. By reducing dependency on traditional energy sources, Saudi Arabia aims to foster innovation and environmental stewardship. This strategy […]

Saudi Arabia continues to lead the way in financial innovation with the recent licensing of Madafuou Alarabia by the Saudi Central Bank (SAMA) to engage in Buy Now, Pay Later (BNPL) activities. This move aligns seamlessly with Vision 2030, showcasing the Kingdom’s commitment to economic diversification and technological advancement. By fostering a dynamic financial ecosystem, […]