Category: Economy

What This Article Is About & Why It Matters This article highlights Saudi Arabia’s March 2025 Industrial Production Index (IPI) report released by the General Authority for Statistics (GASTAT). It reflects a 2.0% annual growth in overall industrial output, driven by strong performance in manufacturing and non-oil sectors. The article underscores Saudi Arabia’s Vision 2030 […]

What This Article Is About & Why It Matters This article covers Saudi Aramco’s Q1 2025 financial results, reflecting strong operational performance despite a slight dip in net income. The announcement also outlines key strategic moves in clean energy, global expansion, and dividend growth. It reflects Saudi Arabia’s Vision 2030 strategy to balance energy leadership […]

What This Article Is About & Why It Matters This article details Minister Bandar Alkhorayef’s official visit to Denmark on May 12, 2025, aimed at strengthening Saudi-Danish economic ties in key non-oil sectors including green energy, pharmaceuticals, food, and mining. The visit aligns with Vision 2030’s goals to diversify Saudi Arabia’s economy, attract global investments, […]

What This Article Is About & Why It Matters This article explores the recent diplomatic and development meeting between the Saudi Fund for Development (SFD) and President Julius Maada Bio of Sierra Leone on May 12, 2025. It highlights Saudi Arabia’s long-term development support in Africa, particularly in Sierra Leone, through infrastructure, healthcare, and agriculture […]

What This Article Is About & Why It Matters This article covers a Saudi trade mission to the U.S. from May 5–8, 2025, organized to promote non-oil exports and build commercial ties. Featuring 34 Saudi companies, it led to new agreements with U.S. firms and demonstrated Vision 2030’s commitment to economic diversification and global market […]

What This Article Is About & Why It Matters This article highlights Minister Bandar Alkhorayef’s strategic meetings in Copenhagen on May 12, 2025, aimed at deepening Saudi-Danish cooperation in the industrial and mining sectors. These efforts align with Saudi Vision 2030’s ambition to localize key industries, attract global expertise, and diversify the Kingdom’s economy. The […]

What This Article Is About & Why It Matters This article highlights the May 7, 2025, inauguration of the Muharraq Special Health Care Center in Bahrain—funded by the Saudi Fund for Development (SFD) through a $47 million grant. It underscores Saudi Arabia’s leadership in international development, healthcare diplomacy, and regional partnership-building, fully aligned with Vision […]

What This Article Is About & Why It Matters This article covers Saudi Arabia’s active participation in the 22nd Annual Conference of the Energy Regulators Regional Association (ERRA), held in Muscat, Oman, on May 6, 2025. Represented by Eng. Thamir Alhammad, the Saudi Electricity Regulatory Authority (SERA) presented its strategy for renewable energy integration and […]

What This Article Is About & Why It Matters This article highlights Saudi Arabia’s remarkable leap in the 2024 Open Data Inventory (ODIN) rankings—now 41st globally and 9th among G20 countries. Spearheaded by the General Authority for Statistics (GASTAT), this achievement reflects the Kingdom’s Vision 2030 commitment to transparency, digital innovation, and evidence-based decision-making. It […]

What This Article Is About & Why It Matters This article covers the arrival of the first group of Iranian pilgrims for Hajj 1446 AH at Prince Mohammed bin Abdulaziz International Airport in Madinah. It highlights Saudi Arabia’s seamless Hajj preparations, symbolizing Vision 2030 values of hospitality, cultural diplomacy, and technological advancement in pilgrim services. […]