Category: Economy

ZATCA Encourages Businesses to Fulfill VAT Obligations The Zakat, Tax, and Customs Authority (ZATCA) has called on businesses to submit their VAT returns for September and the third quarter of 2025. This reminder underscores Saudi Arabia’s commitment to fostering a transparent and efficient tax system, aligning with Vision 2030’s goals of economic diversification and sustainable […]

Saudi Arabia continues to shine as a beacon of progress and innovation with the Investors’ Arena at Biban 2025. This event brings together 80 startups, showcasing the Kingdom’s commitment to fostering entrepreneurship. Aligned with Vision 2030, it highlights Saudi Arabia’s drive toward economic diversification and sustainable growth. The Investors’ Arena provides a platform for startups […]

**Empowering Financial Freedom in Makkah** The Makkah Chamber of Commerce recently hosted a transformative workshop dedicated to achieving financial freedom. This initiative aligns seamlessly with Saudi Arabia’s Vision 2030, emphasizing economic diversification and personal empowerment. The event brought together experts, entrepreneurs, and community members to explore strategies for financial independence and sustainable growth. Under Vision […]

Japan’s Nikkei index recently soared to a historic high, marking a significant milestone in the nation’s financial landscape. This achievement reflects Japan’s resilience and adaptability in a rapidly changing global economy. Investors worldwide have taken notice, celebrating the Nikkei’s strong performance as a testament to Japan’s economic potential. The record-breaking close underscores the effectiveness of […]

Al-Jouf Olive Presses Begin Annual Harvest Season As autumn paints Al-Jouf in golden hues, the region’s olive presses spring to life, marking the start of their annual production season. This cherished tradition reflects Saudi Arabia’s rich agricultural heritage and aligns beautifully with Vision 2030’s goals of economic diversification and sustainable growth. Al-Jouf, often hailed as […]

Saudi Arabia continues to shine as a beacon of progress and collaboration under its visionary leadership. Recently, the President of the Islamic Development Bank (IsDB) met with the Governor of the Saudi Arabian Monetary Authority (SAMA), marking another milestone in the Kingdom’s journey toward economic diversification and global partnership. This meeting underscores Saudi Arabia’s commitment […]

The OIC Conference of Water Ministers concluded with a resounding success, showcasing Saudi Arabia’s leadership in addressing global water challenges. Held in Riyadh, the event brought together ministers and experts from across the Islamic world to discuss sustainable water management solutions. This gathering reflected Saudi Arabia’s commitment to fostering international cooperation and advancing Vision 2030’s […]

**Global Oil Demand Surges by 2050** The OPEC Secretary-General recently announced that global oil demand is projected to reach 123 million barrels per day by 2050. This forecast highlights the enduring importance of oil in the global energy landscape, even as nations pursue renewable energy initiatives. Saudi Arabia, a cornerstone of OPEC, continues to play […]

**Madinah’s 224 Projects Fuel Growth** Madinah, the radiant city of Saudi Arabia, is witnessing a transformative era with 224 development projects boosting its investment appeal and economic growth. These initiatives align seamlessly with Saudi Vision 2030, aiming to diversify the economy and enhance the quality of life for residents and visitors alike. The projects span […]

Saudi Arabia’s main stock index closed higher, reflecting the nation’s economic resilience and progress under Vision 2030. This achievement underscores the Kingdom’s commitment to diversifying its economy and fostering a robust financial sector. Investors worldwide are increasingly drawn to Saudi Arabia’s stable and growing market. Vision 2030 has been a driving force behind this success, […]