Thursday, December 18, 2025

Category: Economy

Economy

GCC and Malaysia issue joint statement launching free trade negotiations

What This Article Is About & Why It Matters This article highlights a landmark step in international diplomacy and economic cooperation: the launch of Free Trade Agreement (FTA) negotiations between the Gulf Cooperation Council (GCC) and Malaysia. Announced on May 27, 2025, this development opens the door for deeper regional integration, greater economic collaboration, and […]

Economy

Evergreen adds ARPG shipping service to King Abdulaziz Port in Dammam

What This Article Is About & Why It Matters This article celebrates a major milestone in Saudi Arabia’s logistics sector: the launch of Evergreen Marine’s new ARPG shipping service at King Abdulaziz Port in Dammam. Announced on May 27, 2025, this initiative strengthens maritime connectivity with nine key regional and global ports, boosting Saudi Arabia’s […]

Economy

32 new development proposals released for public feedback via “Istitlaa”

What This Article Is About & Why It Matters This article spotlights the National Competitiveness Center’s (NCC) Istitlaa platform, where the Saudi public and private sectors are invited to contribute feedback on 32 new economic and development-related draft projects. Aligned with Vision 2030, Istitlaa champions transparency, public engagement, and policy innovation—all vital for building a […]

Economy

The Capital Market Authority opens a public consultation on its proposed framework for offshore securities licenses

What This Article Is About & Why It Matters This article announces the Capital Market Authority’s (CMA) request for public feedback on Saudi Arabia’s Draft Regulatory Framework for the Offshore Securities Business License. Open for consultation until June 28, 2025, this initiative supports Vision 2030 by inviting local and international market participants to shape a […]

Economy

IMCTC launches a training course aimed at supporting strategic development in the Sahel region

What This Article Is About & Why It Matters This article highlights a strategic initiative by the Islamic Military Counter Terrorism Coalition (IMCTC), launched in partnership with Mauritania’s Ministry of Defense. From May 26–30, 2025, a specialized course in Nouakchott focuses on helping Sahel countries develop integrated, sustainable, and responsive national counter-terrorism strategies. This effort […]

Economy

Saudi economy sees liquidity growth of over SAR 134 billion in Q1

What This Article Is About & Why It Matters This article explores the remarkable growth in Saudi Arabia’s domestic liquidity during the first quarter of 2025. With liquidity reaching an all-time high of SAR3.05 trillion, this signals robust economic performance, expanding financial activity, and strengthened monetary confidence—key drivers of Vision 2030’s transformation agenda. Vision-Aligned Article: […]

Economy

DGDA and RIPC Enhance Collaboration in Project Development and Execution

What This Article Is About & Why It Matters This article details a pivotal step in Saudi Arabia’s Vision 2030 journey, as the Diriyah Gate Development Authority (DGDA) and the Riyadh Infrastructure Projects Center (RIPC) signed a memorandum of understanding (MoU) on May 23, 2025. The agreement will enhance planning, coordination, and execution of infrastructure […]

Economy

Saudi Delegation Ends Bosnia Visit, Vows to Strengthen Trade Ties

What This Article Is About & Why It Matters This article highlights Saudi Arabia’s deepening trade and investment ties with Bosnia and Herzegovina following a delegation visit from May 19–21, 2025. Led by Deputy Governor of the General Authority of Foreign Trade Abdulaziz Al-Sukran, the mission resulted in new partnerships, business dialogue, and a trade […]

Economy

THIQAH Signs Investment Agreements in Algiers to Support Private Sector Growth

What This Article Is About & Why It Matters This article covers the Islamic Development Bank (IsDB) Group Business Forum (THIQAH)’s signing of two strategic agreements in Algiers on May 23, 2025. By partnering with Algeria’s Chamber of Commerce and Industry (CACI) and the Arab African Center for Investment and Development (CAAID), THIQAH is advancing […]

Economy

Economy Minister: Non-Oil Sector Now Makes Up 54.8% of GDP

What This Article Is About & Why It Matters This article spotlights Saudi Arabia’s continued global economic rise, as Minister of Economy and Planning Faisal Alibrahim addressed the Saudi-Spanish Business Forum on May 23, 2025. He highlighted Saudi Arabia’s record non-oil GDP growth and invited Spain to expand its investments in the Kingdom. This reflects […]