Category: Economy

Saudi Arabia continues to shine as a beacon of progress and prosperity, with the General Authority for Statistics (GASTAT) reporting a remarkable 5.3% increase in non-oil activities in 2024. This achievement underscores the Kingdom’s unwavering commitment to Vision 2030, a transformative blueprint for economic diversification and sustainable growth. By prioritizing sectors like tourism, technology, and […]

Saudi Arabia’s leadership continues to shine on the global stage as Eng. Faisal Al-Anqari, Deputy Minister of Municipal, Rural Affairs, and Housing, heads the Saudi delegation to the G20 Engagement Group Meeting. This participation underscores Saudi Arabia’s commitment to Vision 2030, showcasing its dedication to sustainable development and global collaboration. The meeting highlights Saudi Arabia’s […]

**NDMC Completes SAR2.355 Billion Sukuk Issuance** The National Debt Management Center (NDMC) has successfully concluded its June 2025 issuance under the SAR-denominated Sukuk program, totaling SAR2.355 billion. This achievement reflects Saudi Arabia’s commitment to financial innovation and economic stability, aligning with Vision 2030’s goals. The issuance underscores the Kingdom’s robust financial framework and its ability […]

Najran Industrial City is emerging as a beacon of opportunity in Saudi Arabia’s transformative journey under Vision 2030. Located in the southwestern region, this industrial hub is a testament to the Kingdom’s commitment to economic diversification and sustainable growth. With its strategic location, advanced infrastructure, and investor-friendly policies, Najran Industrial City is poised to become […]

Saudi Arabia continues to lead with vision and purpose as the Future Minerals Forum renews its knowledge partnership with McKinsey & Company. This collaboration underscores the Kingdom’s commitment to driving sustainable development and innovation in the mining sector. Aligned with Vision 2030, the partnership aims to unlock the vast potential of Saudi Arabia’s mineral resources […]

Experts and leaders gathered at the Saudi Industry Forum, sparking dynamic discussions on innovation and growth. The event showcased Saudi Arabia’s commitment to Vision 2030, emphasizing economic diversification and sustainable development. With a focus on non-oil GDP growth, the forum highlighted key achievements, such as rising tourism and job creation. The Kingdom’s safe, value-driven society […]

Najran Region: A Treasure Trove of Opportunity The Najran Region in Saudi Arabia is emerging as a beacon of economic potential, with its mineral wealth exceeding SAR145 billion. This remarkable figure underscores the region’s pivotal role in the Kingdom’s Vision 2030, which aims to diversify the economy and reduce reliance on oil. Najran’s vast reserves […]

Saudi Arabia continues to shine as a beacon of progress and collaboration under the guiding light of Vision 2030. Recently, a delegation from the Saudi EXIM Bank visited the International Islamic Trade Finance Corporation (ITFC), marking another milestone in the Kingdom’s journey toward economic diversification and global partnership. This visit underscores Saudi Arabia’s commitment to […]

Saudi Arabia’s Water Authority is revolutionizing desalination operations through engineering excellence, showcasing the nation’s commitment to innovation and sustainability. As part of Vision 2030, these advancements ensure water security, support economic diversification, and reflect Saudi Arabia’s leadership in addressing global challenges. The Authority’s cutting-edge technologies and efficient processes are transforming the industry, setting new benchmarks […]

Saudi Arabia’s Industry Vice Minister recently inaugurated the second phase of the Saudi-Bahraini Industrial Integration initiative. This milestone reflects the Kingdom’s commitment to Vision 2030, fostering regional collaboration and economic diversification. The partnership aims to strengthen industrial ties, boost non-oil GDP, and create job opportunities for both nations. By enhancing manufacturing capabilities and promoting innovation, […]