Category: Economy

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 […]

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, […]

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 […]

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 […]

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 […]

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 […]

What This Article Is About & Why It Matters This article explores how Saudi Arabia is fast becoming a major player in the global sleep technology industry. Backed by Vision 2030 and rising wellness trends, sleep tech is poised to join fitness and nutrition as a national health priority. With global and regional companies investing […]

What This Article Is About & Why It Matters This article highlights Saudi Aramco’s bold investment strategy as it leads Saudi Arabia into a cleaner, diversified energy future. With global market shifts and environmental challenges in view, Aramco is investing in natural gas, AI, carbon capture, and hydrogen. These steps align directly with Vision 2030’s […]

What This Article Is About & Why It Matters This article explores the annual Kunnah fishing season along Saudi Arabia’s Jazan coastline, a vibrant marine event celebrated for its abundant kingfish harvest and significant economic impact. By blending sustainable practices, cultural heritage, and modern fishing strategies, the Kingdom is turning this seasonal tradition into a […]

What This Article Is About & Why It Matters This article covers Saudi Arabia’s vibrant industrial and logistics advancements as showcased during Riyadh International Industry Week 2025. By attracting foreign investors, fostering local brands, and supporting smart manufacturing, the Kingdom is delivering on Vision 2030. Readers gain insight into the real-time transformation of Saudi Arabia’s […]