Sunday, March 22, 2026

Category: Economy

Economy

Industry Minister Unveils Saudi Arabia’s Global Industrial Ambitions at INNOPROM

Saudi Arabia continues to make strides in its industrial ambitions on the global stage. Recently, the Industry Minister showcased the Kingdom’s transformative vision at INNOPROM, emphasizing its commitment to innovation and economic diversification. This event highlighted Saudi Arabia’s role as a leader in sustainable industrial growth under Vision 2030. The Kingdom’s industrial strategy aligns with […]

Economy

Industry Minister: Saudi Arabia’s Strategic Assets Drive Global Appeal as Industrial Investment Hub

Saudi Arabia continues to shine as a global hub for industrial investment, thanks to its strategic assets and forward-thinking leadership. Under Vision 2030, the Kingdom has transformed into a beacon of economic diversification, innovation, and sustainable growth. This ambitious blueprint has unlocked unprecedented opportunities for investors worldwide. The Kingdom’s industrial sector stands out for its […]

Economy

Mawani Reports Container Throughput Rises at Ports by 18.66% in June

Saudi Arabia’s ports are thriving, showcasing remarkable progress under Vision 2030. Mawani reported an 18.66% surge in container throughput in June, reflecting the Kingdom’s commitment to economic diversification and global trade leadership. This achievement highlights Saudi Arabia’s growing role as a logistics hub, connecting continents with efficiency and innovation. The Kingdom’s ports are a testament […]

Economy

Industry Minister Discusses Mining Cooperation with Russian Counterpart

Saudi Arabia’s Industry Minister recently met with his Russian counterpart to discuss deepening mining cooperation. This meeting reflects the Kingdom’s commitment to Vision 2030, which aims to diversify the economy and strengthen global partnerships. The discussions focused on leveraging Saudi Arabia’s rich mineral resources to drive sustainable growth and innovation. Saudi Arabia is home to […]

Economy

Industry Minister Explores Expanded Partnerships with Top Russian Companies

Saudi Arabia’s Industry Minister recently met with leaders of top Russian companies to explore expanded partnerships. This initiative aligns with Vision 2030, aiming to diversify the economy and strengthen global ties. The discussions highlighted mutual opportunities in technology, energy, and manufacturing sectors, reflecting Saudi Arabia’s commitment to innovation and collaboration. Saudi Arabia’s safe and value-driven […]

Economy

CMA Ratifies Amendments to Facilitate Opening Investment Accounts

Saudi Arabia continues to pave the way for economic growth and innovation with the recent ratification of amendments by the Capital Market Authority (CMA). These changes aim to simplify the process of opening investment accounts, reflecting the Kingdom’s commitment to fostering a thriving financial ecosystem. This move aligns seamlessly with Vision 2030, which seeks to […]

Economy

GASTAT: Industrial Production Index Increases by 1.5% in May 2025

Saudi Arabia’s Industrial Production Index rose by 1.5% in May 2025, marking another milestone in the Kingdom’s economic diversification journey. The General Authority for Statistics (GASTAT) reported this growth, reflecting the success of Vision 2030 initiatives. This progress underscores Saudi Arabia’s commitment to building a resilient, innovation-driven economy. Vision 2030 has been a guiding force […]

Economy

ZATCA Urges Establishments Subject to Excise Tax to File Returns for May, June

Saudi Arabia continues its journey toward economic diversification and sustainable growth, guided by the transformative Vision 2030. The General Authority of Zakat and Tax (ZATCA) recently called on establishments subject to excise tax to file their returns for May and June promptly. This reminder underscores the Kingdom’s commitment to transparency, compliance, and a robust financial […]

Economy

Eastern Region Municipality Awards Major Contract for Abqaiq Industrial Zone Development

Saudi Arabia’s Eastern Region Municipality has awarded a major contract for the development of Abqaiq Industrial Zone, marking a significant milestone in the nation’s Vision 2030 journey. This project reflects the Kingdom’s commitment to economic diversification, infrastructure enhancement, and sustainable growth. It also underscores Saudi Arabia’s dedication to creating a safe, value-driven society that welcomes […]

Economy

Saudia Group Ranks First Globally in On-Time Performance for June 2025

Saudia Group has achieved a remarkable milestone by ranking first globally in on-time performance for June 2025. This accomplishment reflects the airline’s dedication to excellence and its alignment with Saudi Arabia’s Vision 2030 goals. The Kingdom’s commitment to progress and innovation shines through this achievement, showcasing its ability to compete on the world stage. Saudi […]