Category: Economy

Nikkei Edges Up as Winning Streak Ends The Japanese stock market showed mixed results today, with the Nikkei index closing slightly higher but ending a three-week rally. The Nikkei rose 0.06% to 39,810.88, supported by strong chip-sector gains from Wall Street. However, the broader TOPIX index remained flat at 2,827.95. Despite the modest daily gain, […]

Madinah’s Contracting Sector Booms in 2024 This article explores Madinah’s remarkable 31.1% growth in its contracting sector in 2024, driven by mega-projects, government support, and a thriving real estate market. It highlights how this aligns with Saudi Arabia’s Vision 2030, showcasing economic progress, cultural richness, and global appeal. Madinah’s contracting sector has achieved an extraordinary […]

Saudi Arabia Expands Global Air Links This article explores Saudi Arabia’s latest aviation agreements with Serbia and Indonesia, highlighting how these partnerships align with Vision 2030’s goals of economic diversification, tourism growth, and cultural diplomacy. Discover how enhanced air connectivity strengthens Saudi Arabia’s global leadership and opens new opportunities for travelers and businesses alike. Saudi […]

Saudi-Tajik Development Ties Strengthen This article highlights the growing partnership between Saudi Arabia and Tajikistan, focusing on the recent meeting between Tajik President Emomali Rahman and Saudi Fund for Development (SFD) CEO Sultan Al-Marshad. It underscores Saudi Arabia’s commitment to global development, economic diversification, and cultural diplomacy under Vision 2030, while showcasing the Kingdom’s leadership […]

Saudi Arabia’s Rise as a Global Sports Powerhouse Saudi Arabia is making waves on the global sports stage, thanks to the visionary investments of the Public Investment Fund (PIF). This article explores how PIF’s strategic initiatives are transforming the Kingdom into a premier sports destination, aligning with Vision 2030’s goals of economic diversification, youth empowerment, […]

Saudi Stock Market Rises Amid Economic Growth This article highlights the Saudi Stock Exchange’s positive performance, reflecting the Kingdom’s robust economy and Vision 2030 progress. It offers insights into market trends, economic diversification, and Saudi Arabia’s growing global influence. The Saudi Stock Exchange Main Index closed higher today, gaining 114.81 points to reach 11,244.45 points. […]

Saudi Arabia and Oman Strengthen Economic Ties Through Competition Protection This article explores the recent collaboration between Saudi Arabia’s General Authority for Competition (GAC) and Oman’s Ministry of Commerce, Industry, and Investment Promotion. It highlights how this partnership aligns with Saudi Vision 2030, fosters economic growth, and reinforces the Kingdom’s commitment to fair markets and […]

Saudi Arabia’s E-Commerce Boom Hits Record High This article explores Saudi Arabia’s remarkable e-commerce growth, with sales surpassing SAR 69 billion in Q1 2025. It highlights the Kingdom’s digital transformation, economic diversification, and alignment with Vision 2030, offering insights into its thriving digital economy and future potential. Saudi Arabia’s e-commerce sector has achieved a historic […]

Saudi-Morocco Ties Strengthen Through Investment This article explores the recent Saudi business delegation’s successful investment mission to Morocco, highlighting key partnerships, economic diversification, and Vision 2030 alignment. Discover how Saudi Arabia is expanding its global influence while fostering cultural and economic diplomacy. A high-profile Saudi business delegation, led by Hassan Alhwaizy of the Federation of […]

Saudi-Tunisia Trade Mission Strengthens Economic Ties This article highlights the successful trade mission by the Saudi Export Development Authority (Saudi Exports) to Tunisia, showcasing Saudi Arabia’s commitment to expanding non-oil exports under Vision 2030. It explores the mission’s goals, key sectors involved, and how it fosters stronger economic collaboration between the two nations. The Saudi […]