Saudi Arabia Expands Ties with Brazil and Chile
Saudi Arabia’s Minister of Industry and Mineral Resources leads a high-level mission to Brazil and Chile to strengthen bilateral ties and attract investments in mining and industry.
Saudi Arabia’s Minister of Industry and Mineral Resources leads a high-level mission to Brazil and Chile to strengthen bilateral ties and attract investments in mining and industry.
The 16th International Honey Festival in Al-Baha showcases 90 local beekeepers and international participants, promoting Saudi agriculture and Vision 2030.
Saudi National Real Estate Registration Services Company (Real Estate Registry) receives 2024 Esri SAG award for innovative GIS use, advancing Vision 2030 digital transformation.
The Ministry of Human Resources and Social Development wins the Golden Merit Shield for its leadership in accrual accounting, enhancing transparency and aligning with Saudi Vision 2030.
The prickly pear initiative in AlBaha, Saudi Arabia, transforms traditional farming into a specialized city for research and production of food, medical, and cosmetic products.
ITFC, a member of IsDB, organized a workshop in Jeddah on Islamic trade finance in Tajikistan, aiming to enhance capacities and support Vision 2030.
Saudi Deputy Minister Khalil Ibn Salamah visits Türkiye to enhance industrial and mining cooperation, exploring investment opportunities and Vision 2030 alignment.
Al-Baha Region produces 20% of Saudi Arabia’s honey with over 3,000 beekeepers, supported by the Beekeepers Cooperative Association and Vision 2030.
Saudi Arabia achieves over 99% watermelon self-sufficiency, producing 605,000 tons annually, with Makkah region leading at 442,000 tons, per the Ministry of Environment, Water and Agriculture.
Farmers in Madinah use bagging to protect palm trees, ensuring high-quality dates. This traditional method aligns with Saudi Vision 2030 for sustainable agriculture.
Farmers in Asir region gear up for a bountiful wheat harvest during the summer rainy season, supporting Saudi Vision 2030 food security goals.
The National Debt Management Center announces the closure of the July 2024 Sukuk issuance, raising SAR 3.211 billion to support Saudi Arabia’s Vision 2030 goals.
Saudi Minister of Industry Bandar Al-Khorayef met Brazilian food companies to discuss localizing food production, enhancing food security, and advancing Vision 2030 goals.
Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef highlights mining sector growth and investment opportunities during Brazil visit.
Saudi Minister Bandar Alkhorayef concluded an official visit to Chile, strengthening cooperation in mining, industry, and trade, focusing on lithium, copper, and iron ore.
Monsha’at will launch E-commerce Week with over 40 public and private entities to support entrepreneurs and SMEs across Saudi Arabia, aligning with Vision 2030 goals.
The Buraidah Date Festival begins its annual season, boosting the Qassim region’s economy and highlighting Saudi Arabia’s leadership in the global date industry.
Al-Jouf ranks fifth in Saudi fig production with 874 tons annually, contributing to the Kingdom’s 28,000-ton yield and Vision 2030 food security goals.
ZATCA urges taxpayers to benefit from the Cancellation of Fines and Exemption of Penalties Initiative before it ends on December 31, 2024. Learn how to comply and save.
Saudi Arabia achieves complete self-sufficiency in fig production, with annual output exceeding 28,000 tons, according to the Ministry of Environment, Water and Agriculture.
Bahrain’s Ministry of Industry and Commerce opens registration for Saudi businesses in the Takamul in-country value program, boosting regional economic integration.
Saudi Industry Minister Bandar Alkhorayef praises cooperation with Bahrain on Takamul program, enhancing local content and economic integration.
The International Islamic Trade Finance Corporation provides a US$10 million trade finance line to Uganda Development Bank to support industrialization and job creation.
Saudi Minister Bandar Alkhorayef launches the 3rd edition of the ‘1K Mile’ entrepreneurship program, celebrating 2nd edition successes and advancing Vision 2030 goals.
ROSHN Group launches sales for 1,251 new homes in SEDRA Phase 4, expanding its flagship Riyadh community with modern amenities and green spaces.
The fourth Shaqra Pepper Festival attracted over 70,000 visitors, featuring workshops on pepper cultivation and processing to boost food security and Vision 2030 goals.
Indonesia’s GDP grew 5.05% in Q2 2024, beating forecasts, driven by household consumption and investment. Explore implications for Saudi-Indonesian ties and Vision 2030.
Tabuk’s 1.58 million grapevines produce over 43,750 tons annually, supplying local markets with premium varieties and supporting Saudi Vision 2030.
ZATCA calls on business taxpayers to file Withholding Tax returns for July by August 11, 2024, via zatca.gov.sa to avoid fines and ensure compliance.
Jazan’s fig industry thrives with over 498,000 trees yielding 2,000 tons annually, boosting the local economy and aligning with Saudi Vision 2030.
Ministry of Industry and Mineral Resources hosts webinar for Canadian and Australian firms, showcasing mining investment opportunities in Jabal Sayid and Al-Hajjar.
Mawani and AlJeri sign SAR160 million agreements to establish logistics zones at Jeddah Islamic Port and King Abdulaziz Port in Dammam, boosting trade and Vision 2030 goals.
The International Islamic Trade Finance Corporation (ITFC) signs a $50 million financing agreement with the Industrial Development Bank of Türkiye to support earthquake-affected regions.
Saudi Arabia’s inflation rate remained steady at 1.5% in July 2024, reflecting economic stability and effective policies, per GASTAT.
Saudi Arabia’s Buraidah Dates Carnival exports to over 100 countries, boosting non-oil revenues and supporting Vision 2030 goals.
SAMA’s reserve assets grew 5.5% year-on-year to SAR1.754 trillion by Q2 2024, driven by strong foreign securities and deposits, reflecting Saudi financial stability.
Buraidah Dates Carnival in Qassim sees peak trading as second quarter of harvest season begins, featuring over 50 date varieties and boosting Saudi Vision 2030 goals.
ICIEC and Saudi EXIM Bank expand partnership to boost trade across OIC countries, reducing export risks and enhancing Saudi Arabia’s trade leadership.
The International Islamic Trade Finance Corporation signs a $100 million financing agreement with Türkiye’s Development and Investment Bank to support agriculture, food security, renewable energy, and infrastructure.
Hail’s markets see heavy activity as families prepare for the new school year, boosting local economy and aligning with Vision 2030 goals.
Riyadh will host the inaugural 24 Fintech Conference from September 3-5, 2024, at the Riyadh Front Exhibition & Conference Center, supporting Saudi Vision 2030.
Sukkari dates lead sales at the Buraidah Dates Carnival in Qassim, Saudi Arabia, drawing strong demand from local and international traders, reflecting Vision 2030 goals.
The National Centre for Palms and Dates provides 80 jobs at the Buraidah Dates Carnival, leveraging electronics to enhance efficiency and support Saudi youth.
The Unaizah International Dates Season auction yard receives 63 varieties of dates daily, organized by the Ministry of Environment, Water and Agriculture and supervised by the National Centre for Palms and Dates.
Saudi Arabia launches Jadarat, a unified national employment platform, to empower talent and streamline job matching, supporting Vision 2030 goals.
The National Center for Palms and Dates launches ‘Dates Seasons,’ a cultural and economic event across Saudi date-producing cities, enhancing the value of Saudi dates.
Saudi EXIM Bank announces a 128% surge in credit facilities for H1 2024, extending SAR16.31 billion to support non-oil exports and Vision 2030 goals.
The Islamic Development Bank announces a $135 million financing package for the Upper Atbara Dam Complex in Sudan, boosting water and energy infrastructure.
The Buraidah Dates Carnival in Qassim has generated over SAR78 million in sales, with 9,976 tons sold and 170,000 visitors, boosting Saudi Arabia’s date industry and Vision 2030 goals.
Saudi Ministry of Investment launches Investor Confidence Survey for H2 2024 to gauge sentiment and improve business climate in line with Vision 2030.
The Local Content and Government Procurement Authority will host the second Local Content Forum in Riyadh from November 20-22, 2024, under the theme ‘Partnerships for Sustainable Development.’
The 2024 Madinah Dates Season has begun, featuring auctions from over 29,000 farms, cultural events, and AI hackathon, aligning with Saudi Vision 2030 goals.
PIF’s 2023 annual report shows assets under management grew 29% to SAR2.871 trillion, with an 8.7% average annual shareholder return, driving Vision 2030.
The Ministry of Environment, Water, and Agriculture launches four investment bids for integrated agricultural cities in Makkah, including a wild seedling lab, to boost food security and Vision 2030 goals.
Najran Region exports products to over 25 countries and holds mineral wealth valued at SAR145 billion, driving Saudi Arabia’s industrial and mining growth under Vision 2030.
Mayor of Makkah Musad Abdulaziz Aldaood met with entrepreneurs and investors to discuss sustainable investment opportunities in municipal services, aligning with Saudi Vision 2030.
ZATCA emphasizes taxpayer compliance to foster fair competition and enhance Saudi Arabia’s economic appeal, aligning with Vision 2030 goals for diversification.
TAQEEM calls on precious metal and gemstone valuers in Saudi Arabia to rectify their status by July 1, 2025, and join the authority by July 1, 2026, to continue working in the Kingdom.
Farmers in Al-Aqiq Governorate start date harvest, with 135,000 palms producing 40 tons annually. The seventh Date Festival promotes production and supports Vision 2030.
The Financial Academy will host the Debt Markets and Financial Derivatives 2024 Forum on September 8 in Riyadh, themed ‘Unlocking Growth Opportunities’, to discuss financial sector trends.
The Saudi Food and Drug Authority hosted a workshop in Riyadh to support entrepreneurs and new businesses in the cosmetics industry, highlighting 154 standards and Vision 2030 alignment.
The National Development Fund appoints Northern Trust as custodian for assets exceeding SAR60 billion, enhancing financial efficiency and Vision 2030 goals.
Ministry of Environment announces investment opportunities for indoor farming and a lavender and citrus city in Aseer, boosting food security and Vision 2030 goals.
IsDB President Dr. Muhammad Al-Jasser met with Maldives Monetary Authority Governor Dr. Ahmed Munawar in Jeddah to discuss Islamic finance cooperation and review development projects.
Prince Saud bin Mishaal bin Abdulaziz inaugurates Maersk’s SAR 1.3 billion logistics zone at Jeddah Islamic Port, boosting Saudi Arabia’s global logistics hub status.
GASTAT reports Saudi Arabia’s non-oil exports rose 10.5% in Q2 2024, highlighting progress in economic diversification under Vision 2030.
First pilot vessels under new support contracts arrive at Jeddah Islamic Port. Saudi flag raised in ceremony attended by Mawani Chairman, enhancing port operations.
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank Group (IsDB), has launched a series of initiatives to support and facilitate trade in the Republic of the Maldives, utilizing insurance and financing solutions worth $130 million for the purchase of strategic commodities and €50 million […]
SRC and King Street Capital Management sign MoU in New York to enhance Saudi Arabia’s secondary real-estate finance market, supporting Vision 2030 housing goals.
The second annual Agricultural Products Festival in Tayma Governorate features 30 exhibitors showcasing fruits, vegetables, and processed goods, supporting Saudi Vision 2030 goals.
The eighth Women’s Economic Forum will be held in Dammam on November 19-20 under the patronage of Prince Saud bin Naif bin Abdulaziz, focusing on empowering women leaders and boosting small enterprises.
The Saudi Real Estate Refinance Company and US BlackRock signed an MoU in New York to develop Saudi Arabia’s real estate finance market and enhance capital market participation.
Saudi Coffee Company Academy concludes six-day training in Aseer, empowering 1,000+ farmers with best agricultural practices to boost coffee production and sustainability.
Saudi Arabia’s annual grape production exceeds 110,500 tons with 58% self-sufficiency, as the Tabuk region leads nationally with 46,939 tons, MEWA reports.
AgriServ announces four agricultural and livestock investment opportunities in Al-Baha, supporting Vision 2030 food security goals. Contracts available via Furas platform.
NCA report reveals Saudi Arabia’s cybersecurity market reached SAR13.3 billion in 2023, with strong GDP contribution and 32% women in workforce.
SIDF opens registration for the third Industrial Hackathon, offering over SAR 1.4 million in prizes to develop solutions for national factories.
Saudi Minister of Municipalities and Housing Majed Al-Hogail concluded a U.S. visit, witnessing the signing of five agreements and MoUs in real estate development and financing.
Saudi Arabia continues to soar to new heights with its latest aviation milestone. AviLease, a leading aircraft leasing company based in Riyadh, has placed a monumental order for up to 77 Airbus aircraft, including the A320neo family and the A350F. This bold move underscores the Kingdom’s commitment to Vision 2030, showcasing its dedication to economic […]
At the prestigious Paris Air Show, Riyadh Air unveiled a groundbreaking deal to purchase 50 Airbus A350-1000 aircraft. This historic announcement marks a significant milestone for Saudi Arabia’s aviation sector and its broader ambitions under Vision 2030. The move underscores the Kingdom’s commitment to diversifying its economy, boosting tourism, and enhancing global connectivity. Vision 2030, […]
Saudi Arabia continues to lead the way in global maritime innovation with Mawani’s launch of the new IM2 shipping service at Jeddah Islamic Port. This initiative underscores the Kingdom’s commitment to enhancing its logistics capabilities, a cornerstone of Vision 2030. By strengthening Jeddah’s position as a key hub, Mawani is driving economic diversification and fostering […]
Saudi Arabia continues to strengthen its global partnerships through meaningful dialogue and collaboration. Recently, the Chairman of the Saudi Chambers Federation met with the Ethiopian and Senegalese Ambassadors, underscoring the Kingdom’s commitment to fostering international relations. These discussions highlighted shared goals in trade, investment, and cultural exchange, aligning with Saudi Arabia’s Vision 2030 objectives. The […]
Saudi Arabia continues to lead in sustainability with a groundbreaking agreement between the Voluntary Carbon Market (VCM) and Enowa. This partnership aims to deliver over 30 million tons of carbon credits, reinforcing the Kingdom’s commitment to Vision 2030 and its global environmental responsibilities. This initiative showcases Saudi Arabia’s dedication to reducing carbon emissions while fostering […]
Saudi Arabia continues to shine as a hub for innovation and global collaboration with the International Hardware Fair Saudi Arabia and FSB Sports Show Riyadh Open. These landmark events highlight the Kingdom’s commitment to Vision 2030, showcasing its strides in economic diversification and tourism growth. Hosted in the vibrant capital of Riyadh, these fairs bring […]
Saudi Arabia’s Monsha’at recently concluded its successful participation in VivaTech 2025, held in Paris. This global tech event showcased the Kingdom’s innovative strides under Vision 2030. Monsha’at’s presence highlighted Saudi Arabia’s commitment to fostering entrepreneurship and technological advancement. The event served as a platform to share Saudi expertise and learn from global leaders. It also […]
Saudi Arabia continues to lead the way in financial innovation with the recent licensing of Madafuou Alarabia by the Saudi Central Bank (SAMA) to engage in Buy Now, Pay Later (BNPL) activities. This move aligns seamlessly with Vision 2030, showcasing the Kingdom’s commitment to economic diversification and technological advancement. By fostering a dynamic financial ecosystem, […]
Saudi Arabia continues to embrace innovation as Cluster2 partners with Airbus to revolutionize smart airport operations. This collaboration marks a significant step in advancing the Kingdom’s aviation sector, aligning seamlessly with Vision 2030’s goals of economic diversification and technological leadership. Together, they aim to enhance efficiency, safety, and passenger experiences across Saudi airports. The partnership […]
The Islamic Corporation for the Development of the Private Sector (ICD) recently signed a $20 million agreement aimed at bolstering economic growth in Türkiye. This partnership underscores the commitment of Saudi Arabia and its institutions to fostering global economic stability and prosperity. Aligned with Vision 2030, this initiative reflects KSA’s dedication to strengthening international ties […]
**Saudi Arabia’s Vision in Action** Saudi Arabia continues to strengthen its global partnerships and leadership role under the guidance of Vision 2030. Recently, the CEO of the Saudi Fund for Development (SFD), Sultan bin Abdulrahman Al-Marshad, met with Mauritania’s President, Mohamed Ould Cheikh El Ghazouani. The meeting underscored the Kingdom’s commitment to fostering international cooperation […]
Riyadh Air’s recent agreement with Rolls-Royce marks a significant milestone in Saudi Arabia’s aviation ambitions. The deal to power the airline’s A350-1000 fleet underscores the Kingdom’s commitment to global connectivity and economic diversification. This partnership aligns seamlessly with Vision 2030, showcasing Saudi Arabia’s drive to become a leading player in the international aviation sector. The […]
Saudi Arabia continues to lead with innovation and transparency, as evidenced by the recent updates to SAMA’s credit card rules. These changes aim to enhance disclosure and transparency, aligning perfectly with Vision 2030’s goals of building a thriving and inclusive economy. By prioritizing consumer protection and financial clarity, the Kingdom reaffirms its commitment to fostering […]
Saudi Aramco recently inaugurated its Regional Center for Sustainable Fishery Development on Abu Ali Island, marking a significant milestone in Saudi Arabia’s commitment to environmental stewardship and economic diversification. This initiative aligns seamlessly with Vision 2030, showcasing the Kingdom’s dedication to sustainable development and innovation. The center aims to enhance marine ecosystems, promote responsible fishing […]
Saudi Arabia’s Madinah has witnessed remarkable growth in its tourism sector, with visitor numbers driving an impressive 18.7% increase. This surge reflects the Kingdom’s dedication to diversifying its economy under Vision 2030. Madinah, a city of profound spiritual significance, continues to attract millions of pilgrims and tourists annually. Its serene environment, rich history, and warm […]
Saudi Arabia continues to lead with Vision 2030, transforming its economy and society. The General Authority of Zakat and Tax (ZATCA) recently urged businesses to submit their VAT returns for May, ensuring compliance with regulations. This initiative reflects the Kingdom’s commitment to transparency and economic diversification. ZATCA’s call aligns with Vision 2030’s goals of fostering […]
Saudi Arabia’s Ministry of Industry showcased its National Aerospace Strategy at the Paris Air Show, reflecting the Kingdom’s ambitious Vision 2030 goals. This initiative underscores Saudi Arabia’s commitment to economic diversification, innovation, and global leadership in aerospace. The strategy aims to position the Kingdom as a hub for advanced manufacturing, research, and development in aviation […]
Saudi Arabia’s Finance Minister recently concluded his participation in the OPEC Fund Development Forum and the 46th Ministerial Council Meeting. These events underscored the Kingdom’s commitment to global economic collaboration and sustainable development. Saudi Arabia continues to play a pivotal role in fostering international partnerships, aligning with Vision 2030’s ambitious goals. The OPEC Fund Development […]
Saudi Arabia continues to strengthen its global partnerships, as demonstrated by the recent meeting between Georgia’s Prime Minister and the CEO of the Saudi Fund for Development. This collaboration reflects Saudi Arabia’s commitment to fostering international cooperation and supporting sustainable development worldwide. Under Vision 2030, such initiatives highlight the Kingdom’s dedication to economic diversification and […]
The Eastern Region Governor will inaugurate the Saudi Industry Forum 2025 on Monday, marking a pivotal moment in Saudi Arabia’s journey toward economic diversification. This event underscores the Kingdom’s commitment to Vision 2030, showcasing its strides in transforming industries and fostering innovation. The forum will bring together leaders, innovators, and stakeholders to discuss sustainable growth, […]
Saudi Arabia continues to lead with vision and purpose, showcasing its commitment to global collaboration and economic growth. Recently, the Islamic Development Bank (IsDB) and Türkiye signed $740 million in financing agreements, a testament to Saudi Arabia’s role in fostering international partnerships. These agreements reflect the Kingdom’s dedication to uplifting economies and promoting sustainable development […]
Saudi Arabia has once again achieved a remarkable milestone, welcoming over 100 million visitors for the second consecutive year in 2024. This achievement reflects the Kingdom’s unwavering commitment to its Vision 2030 goals, transforming into a global tourism hub. The Tourism Ministry’s announcement underscores the nation’s dedication to economic diversification and cultural openness. The Kingdom’s […]
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