Category: Economy

Saudi Arabia Powers Ahead with Renewable Energy This article explores Saudi Arabia’s remarkable progress in renewable energy, as reported by GASTAT. By the end of 2024, the Kingdom achieved a capacity of 6,551 MW across solar and wind projects. The growth aligns with Vision 2030, showcasing economic diversification, sustainability, and global leadership. Discover how these […]

Tasama Boosts Saudi Business Services Growth This article explores how Tasama, a new Public Investment Fund (PIF) company, is set to transform Saudi Arabia’s business services sector. It highlights Vision 2030’s role in economic diversification, innovation, and global competitiveness while showcasing the Kingdom’s welcoming environment for investors and entrepreneurs. Saudi Arabia continues to make bold […]

Saudi Arabia’s Financial Sector Achieves New Milestones in 2024 This article explores the 2024 Annual Report by Saudi Arabia’s Financial Sector Development Program (FSDP), showcasing progress under Vision 2030. It highlights economic growth, digital transformation, and investor opportunities, offering valuable insights for businesses and global partners. Saudi Arabia’s Financial Sector Development Program (FSDP) has released […]

Saudi Arabia Ensures Safety with Baseus Power Bank Recall This article highlights Saudi Arabia’s proactive measures to protect consumers, reflecting its commitment to safety under Vision 2030. Learn how the Commerce Ministry’s recall of faulty power banks aligns with the Kingdom’s values of progress and care for its people. The Ministry of Commerce has recalled […]

Saudi Arabia Champions Fair Competition at UN Conference This article explores Saudi Arabia’s active role in global economic discussions, focusing on the General Authority for Competition’s participation in the UN Conference on Competition and Consumer Protection. It highlights the Kingdom’s commitment to Vision 2030, economic growth, and international collaboration while showcasing its leadership in fostering […]

Saudi Industry Minister Strengthens Ties with Russia This article highlights Saudi Arabia’s growing industrial and economic partnerships, as Minister Bandar Alkhorayef concludes a successful visit to Russia. It showcases Vision 2030’s progress, Saudi Arabia’s investment appeal, and its role as a global bridge for innovation and collaboration. Minister of Industry and Mineral Resources Bandar Alkhorayef […]

Saudi Arabia Shines in London Maritime Showcase This article explores Saudi Arabia’s recent exhibition in London, highlighting its maritime transport achievements under Vision 2030. Discover how the Kingdom is advancing global maritime innovation, sustainability, and cultural diplomacy while inviting the world to witness its progress. Saudi Arabia’s Transport General Authority (TGA) recently captivated London with […]

Al-Jouf’s New Industrial City Empowers Young Visionaries This article explores how Al-Jouf’s newly launched industrial city is transforming into a thriving hub for young Saudi entrepreneurs. It highlights the region’s economic potential, alignment with Vision 2030, and the supportive infrastructure fostering innovation. Readers will gain insights into Saudi Arabia’s commitment to youth empowerment and diversification. […]

Saudi Arabia Shines at INNOPROM 2025 This article highlights the Ministry of Investment’s successful participation in INNOPROM 2025, showcasing Saudi Arabia’s leadership in global industry and investment. It explores how the event aligns with Vision 2030, strengthens international ties, and promotes economic growth. Readers will gain insights into the Kingdom’s thriving industrial sector and its […]

Saudi-GCC Trade Surplus Soars 203% This article explores Saudi Arabia’s remarkable 203% annual growth in non-oil trade surplus with GCC nations, reflecting Vision 2030’s success in economic diversification. Discover how KSA is building a resilient, future-ready economy while strengthening regional ties. Saudi Arabia’s non-oil trade surplus with Gulf Cooperation Council (GCC) countries has achieved an […]