Category: Economy

Saudi Arabia Powers Circular Economy Growth What This Article Is About & Why It Matters:This article highlights the Saudi Investment Recycling Company’s strategic partnership with US-based EIG Management. It underscores Saudi Arabia’s commitment to sustainability, aligning with Vision 2030 goals to diversify the economy, protect the environment, and drive global leadership in the circular economy. […]

What This Article Is About & Why It Matters This article celebrates Saudi Arabia’s bold agricultural innovation in the Jazan Region. It highlights the groundbreaking work of the National Research and Development Center for Sustainable Agriculture (Estidamah), which is revolutionizing tropical fruit farming—especially mangoes—while directly improving farmer livelihoods, food security, and the region’s economic future. […]

What This Article Is About & Why It Matters This article highlights Saudi Arabia’s expanding global leadership in mining, as showcased at the Istanbul Natural Resources Summit (INRES 2025). Vice Minister Khalid Al-Mudaifer emphasized how Vision 2030 is positioning mining as a strategic pillar of national industry. The value lies in understanding how KSA is […]

What This Article Is About & Why It Matters This article introduces the First Floating International Franchise Expo 2025, set to launch in Jeddah from May 8–11, organized by the National Franchise Committee. As the world’s most innovative franchise event, the expo aims to empower Saudi brands, boost exports, and expand global market share—making it […]

What This Article Is About & Why It Matters This article covers a major energy policy update from Saudi Arabia and seven OPEC+ nations who met virtually on May 3, 2025, to review oil market conditions. The group confirmed a gradual production increase of 411,000 barrels per day in June, reflecting strong market fundamentals and […]

What This Article Is About & Why It Matters This article celebrates the start of the olive flowering season in Al-Jouf Region, a vital agricultural zone in northern Saudi Arabia. Known for its flourishing olive farms, Al-Jouf contributes more than two-thirds of the Kingdom’s olive oil production. The bloom signals a promising harvest for 2025 […]

What This Article Is About & Why It Matters This article explores Saudi Arabia’s deepening industrial and mining diplomacy with Peru, as Minister Bandar Alkhorayef met with Peru’s Energy and Mines Minister Jorge Cornejo and Foreign Affairs Minister Elmer Schialer on May 4, 2025. The meeting is part of Saudi Arabia’s bold push to expand […]

What This Article Is About & Why It Matters This article highlights a key diplomatic and economic engagement between Saudi Arabia and Central Asian nations, as the Federation of Saudi Chambers (FSC) received ambassadors from Kazakhstan, Kyrgyzstan, and Tajikistan on May 4, 2025. The meeting focused on expanding economic cooperation, unlocking investment opportunities, and paving […]

What This Article Is About & Why It Matters This article explores Saudi Arabia’s bold move to modernize its economic measurements through a comprehensive GDP update by the General Authority for Statistics (GASTAT). Announced by Minister of Economy and Planning Faisal Alibrahim on May 4, 2025, this update reflects Saudi Arabia’s drive toward accurate, transparent, […]

What This Article Is About & Why It Matters This article spotlights Saudi Arabia’s Zakat, Tax, and Customs Authority (ZATCA) and its game-changing Fines Cancellation and Penalty Exemption Initiative, effective until June 30, 2025. This national effort helps taxpayers clear obligations, encourages transparency, and reflects Vision 2030’s goals of economic ease, trust, and citizen empowerment. […]