Category: Economy

**Google Pay Arrives in Saudi Arabia** Saudi Arabia continues to embrace innovation with the launch of Google Pay, announced by the Saudi Central Bank (SAMA). This milestone reflects the Kingdom’s commitment to advancing its financial technology sector, aligning seamlessly with Vision 2030’s goals of economic diversification and digital transformation. The introduction of Google Pay underscores […]

**Building Bridges for Prosperity** In a significant step toward fostering international collaboration, the President of the Islamic Development Bank (IsDB) recently met with the Executive Director of the Uzbekistan Fund for Reconstruction and Development. This meeting underscores Saudi Arabia’s commitment to promoting global economic growth and sustainable development under Vision 2030. The IsDB, headquartered in […]

Saudi Arabia continues to make remarkable strides under its transformative Vision 2030, as evidenced by the recent closure of the September 2025 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. This achievement reflects the Kingdom’s commitment to economic diversification, financial stability, and sustainable growth. The Sukuk Program plays a pivotal role in strengthening the […]

Saudi Arabia continues to shine as a beacon of progress and opportunity. Recently, the Ministry of Industry and Mineral Resources awarded 25 exploration sites and opened bidding for 162 more. This bold step underscores the Kingdom’s commitment to economic diversification under Vision 2030. By tapping into its vast mineral wealth, Saudi Arabia is paving the […]

Saudi Arabia continues to make strides in economic diversification under the visionary leadership of Vision 2030. A recent milestone was achieved as Saudi EXIM Bank signed a cooperation agreement with Riyad Bank. This partnership aims to bolster non-oil exports, enhance trade finance, and support Saudi businesses globally. Such initiatives reflect the Kingdom’s commitment to fostering […]

Saudi Arabia’s Remat Al-Riyadh takes center stage at the Global Infrastructure Forum 2025, showcasing its pivotal role in shaping the future of global infrastructure. Under the ambitious Vision 2030, Saudi Arabia continues to lead with innovation, sustainability, and economic diversification. This event highlights the Kingdom’s commitment to fostering international collaboration and advancing infrastructure solutions that […]

Al-Baha, a gem in Saudi Arabia, holds SAR285 billion in precious mineral reserves. This discovery underscores the Kingdom’s commitment to diversifying its economy under Vision 2030. With vast untapped resources, Al-Baha promises to boost non-oil GDP and create jobs, aligning with national goals for sustainable growth. The region’s mineral wealth includes gold, copper, and zinc, […]

Saudi Arabia continues to make remarkable strides under Vision 2030, and the recent licensing of Muhlah Zamaniyah by SAMA is a testament to this progress. This milestone highlights the Kingdom’s commitment to economic diversification and financial inclusion. By empowering consumers through microfinance, Saudi Arabia fosters innovation and supports its citizens’ aspirations. The Kingdom’s safe and […]

Saudi Arabia continues to shine as a beacon of progress and innovation under the visionary leadership of Vision 2030. The recent licensing of ‘Hot Spot’ by the Saudi Arabian Monetary Authority (SAMA) to provide finance aggregation services marks another milestone in the Kingdom’s journey toward economic diversification. This move reflects the nation’s commitment to fostering […]

Saudi Arabia continues to lead with innovation and vision, as demonstrated by the recent licensing of ‘Muqaranah’ for finance aggregation services by the Saudi Central Bank (SAMA). This milestone reflects the Kingdom’s commitment to fostering economic diversification and technological advancement under Vision 2030. By enabling seamless financial services, ‘Muqaranah’ empowers individuals and businesses to make […]