Economy Latest

$113 Billion Tourism Investment Announced at Inaugural TOURISE Summit in Riyadh

Global and regional hospitality companies announced $113 billion in combined investments to accelerate tourism sector growth and infrastructure development during the first day of the inaugural TOURISE Summit

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Economy Business Latest

UDC Conference in Jeddah Highlights Saudi Vision for Global Economic Diplomacy and Talent-Driven Growth

JEDDAH. The United Diplomatic Council (UDC) successfully hosted the Trade Conference on Economic Diplomacy and Internationalization in Jeddah, gathering ministers, ambassadors, trade commissioners, and business leaders from across the globe to explore new pathways for investment, innovation, and global cooperation in alignment with Saudi Arabia’s Vision 2030. The conference underscored the Kingdom’s evolving role as

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Economy Latest

Fitch Ratings Affirms Saudi Arabia’s A+ Credit Rating with Stable Outlook

Saudi Arabia’s economy continues to shine as Fitch Ratings reaffirmed the Kingdom’s credit rating at A+ with a Stable Outlook

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Economy Latest

Saudi Arabia’s Global Image Soars with Vision 2030

Saudi Arabia is riding a wave of global goodwill, with its reputation reaching new heights, according to CARMA’s 5th Edition of the Kingdom Reputation Report.

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Economy Latest

Saudi Arabia Opens Stock Market to GCC Residents, A Historic Market Reform

RIYADH. In a historical financial market reform move, The Capital Market Authority (CMA) has announced comprehensive reforms that fundamentally transform how GCC investors can participate in Saudi Arabia’s capital markets. For the first time in the Kingdom’s financial history, residents of Gulf Cooperation Council countries can invest directly in the main stock market without navigating

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Economy Latest

Saudi Arabia Opens Real Estate Market to Foreign Investors: The Game-Changing Policy Explained

Saudi Arabia has unveiled groundbreaking legislation that permits non-Saudi nationals to purchase real estate throughout the Kingdom, marking a transformative moment in the country's property sector

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Economy Know How Latest

New Credit Card Rules in Saudi Arabia: Charges and Updates for 2025

The Saudi Central Bank introduced updated Credit Card Rules in Saudi Arabia on June 19, 2025, to reduce costs, enhance transparency, and align with Saudi Vision 2030’s digital payment goals

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Sports Economy Latest

Private Investment To Reshape Sports Industry In Saudi Arabia

Saudi Arabia is betting big on sports, not just as a global stage for entertainment, but as a catalyst for economic transformation

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Economy Latest

Saudi Arabia Leads as MENA’s Digital Economy Powerhouse in 2025

Saudi Arabia has solidified its position as the Middle East and North Africa’s (MENA) leading digital economy, with a market value surpassing SR495 billion

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Economy Latest

Saudi Arabia and US Forge $300 Billion in Deals at Riyadh Investment Forum

Saudi Arabia and the United States have sealed agreements worth over $300 billion, announced Crown Prince Mohammed bin Salman during the Saudi-US Investment Forum in Riyadh

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