Category: Economy

What This Article Is About & Why It Matters This article reports on the May 23, 2025 diplomatic and economic engagement between Saudi Arabia and Kyrgyzstan. A delegation led by the Chairman of the Federation of Saudi Chambers met with Kyrgyz President Sadyr Zhaparov in Bishkek, strengthening bilateral investment ties and exploring collaboration in sectors […]

What This Article Is About & Why It Matters This article highlights a milestone event hosted in Riyadh on May 23, 2025, where the National Competitiveness Center (NCC) and UNCITRAL gathered experts to explore the future of alternative dispute resolution (ADR) in a digital era. By promoting modern international trade laws, this initiative strengthens Saudi […]

What This Article Is About & Why It Matters This article highlights Saudi Arabia’s continued excellence in digital innovation, with Monsha’at earning four awards at the Smarties MENA 2024 in Dubai. The recognition reflects the Kingdom’s leadership in AI-driven marketing and its Vision 2030 commitment to empowering small and medium enterprises (SMEs) as vital contributors […]

What This Article Is About & Why It Matters This article highlights Saudi Aramco’s groundbreaking achievement on May 23, 2025, with the world’s first use of an iron-vanadium flow battery for gas production operations. This innovation, deployed in Wa’ad Al Shamal, reflects the Kingdom’s Vision 2030 push for renewable energy, technological leadership, and global energy […]

What This Article Is About & Why It Matters This article covers the Saudi-Spanish Business Forum held on May 23, 2025, in Riyadh, where both nations strengthened their economic partnership. With over 300 investors and officials, the forum emphasized investment growth, non-oil diversification, and joint ventures in key sectors like renewable energy, AI, and tourism. […]

What This Article Is About & Why It Matters This article highlights Saudi Arabia’s drive to diversify its economy through sustainable honey production in the Northern Borders Region, particularly Arar. As of May 23, 2025, the region’s natural ecosystem and government support are fostering local industry growth, aligning directly with Vision 2030’s goals for non-oil […]

What This Article Is About & Why It Matters This article covers the May 22, 2025, signing of a Saudi-Spanish economic cooperation agreement in Riyadh. The Ministry of Economy and Planning of Saudi Arabia and Spain’s Ministry of Economy, Trade, and Business formalized a new memorandum of understanding (MoU) aimed at boosting bilateral trade, innovation, […]

What This Article Is About & Why It Matters This article celebrates a major milestone in Saudi Arabia’s railway transport sector, which recorded over 35 million passengers in Q1 2025, as reported by the Transport General Authority (TGA). The surge reflects the Kingdom’s progress in sustainable infrastructure, public mobility, and carbon reduction—core pillars of Vision […]

What This Article Is About & Why It Matters This article highlights Saudi Arabia’s ongoing commitment to international economic diplomacy through the Saudi-Spanish Joint Commission. On May 22, 2025, Saudi Minister of Economy and Planning Faisal Alibrahim met with his Spanish counterpart, Carlos Cuerpo Caballero, to discuss cooperation, trade, and shared priorities in global economic […]

What This Article Is About & Why It Matters This article highlights the launch of Tabuk Hills and Phase Two of Tabuk Valley, two major urban development projects inaugurated on May 22, 2025, by Tabuk Region Governor Prince Fahd bin Sultan. These projects, led by the National Housing Company (NHC), support Vision 2030’s Housing Program […]