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PIF Approves 2026–2030 Growth Strategy to Reshape Saudi Investment Vision

PIF growth strategy marks a new phase in Saudi Arabia’s long-term investment direction. The PIF growth strategy guides the Public Investment Fund into a...

Saudi Fund Opens New Pacific Chapter With First-Ever $15 Million Palau Loan

Saudi Arabia has expanded its global development reach after signing its first-ever financing deal with Palau, marking a fresh step into the Pacific. The Saudi...

PIF Approves 2026–2030 Growth Strategy to Reshape Saudi Investment Vision

PIF growth strategy marks a new phase in Saudi Arabia’s long-term investment direction. The PIF growth strategy guides the Public Investment Fund into a...

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PIF Approves 2026–2030 Growth Strategy to Reshape Saudi Investment Vision

PIF growth strategy marks a new phase in Saudi Arabia’s long-term investment direction. The PIF growth strategy guides the Public Investment Fund into a...

NEOM Project Emerges as a Key Pillar of Saudi Arabia’s Vision 2030 Transformation Strategy

NEOM project stands as one of Saudi Arabia’s most ambitious developments under Vision 2030. It represents a major step toward transforming the country’s economic...

Saudi Fund Opens New Pacific Chapter With First-Ever $15 Million Palau Loan

Saudi Arabia has expanded its global development reach after signing its first-ever financing deal with Palau, marking a fresh step into the Pacific. The Saudi...

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Business Registrations Surge in Saudi Arabia and Drive Economic Growth

Saudi Arabia’s business registrations are surging, reflecting the Kingdom’s rapidly expanding commercial landscape. By the end of the third quarter of 2025, registrations surpassed...

Saudi Arabia Mortgage Growth Surges Past SR900 Billion, Driving Real Estate Transformation

Saudi mortgage growth has jumped sharply in 2025, surpassing SR900 billion ($240 billion). This surge underscores the Kingdom’s real estate transformation under Vision 2030....

Saudi Giga Projects Drive $196 Billion Construction Boom

New data shows that contract awards surged by 20 percent, reaching $196 billion. This rise reflects Saudi Arabia’s ongoing transformation under its ambitious Vision...

MENA Startup Funding Boosts Regional Innovation

The startup funding of MENA surged this week, reflecting growing investor confidence and rapidly expanding innovation across the region. Moreover, startups and investors in...

Saudi Arabia Non-Oil Sector Shows Strongest Growth in Six Months

Saudi Arabia’s non-oil sector expanded at its fastest pace in six months, driven by rising new orders and higher output. The seasonally adjusted Riyadh...

Saudi GDP Growth Forecast Exceeds Global Outlook with Strong Non-Oil Expansion

Saudi GDP growth will reach 4.6 percent in 2026, surpassing global projections and strengthening the Kingdom’s economic momentum. The Ministry of Finance issued its...

Cultural Funding in Saudi Arabia launches $270m Program

Saudi Arabia has launched a new cultural funding initiative to boost private sector involvement. Furthermore, the Cultural Development Fund introduced its first co-lending product,...

Riyadh Cultural MoU Boosts City’s Arts and Cultural Development

The Riyadh Cultural MoU was signed, and the Ministry of Culture and the Royal Commission for Riyadh City joined forces to enhance the capital’s...

Trump Plaza Jeddah Redefines Luxury Real Estate in Saudi Arabia

Trump Plaza Jeddah will reshape the city’s skyline, with Dar Global leading the $1 billion mixed-use development. This project strengthens Saudi Arabia’s luxury real...

GCC Tourism Drives Economic Growth and Jobs

GCC tourism contributed $247.1 billion to the region’s economy in 2024, up nearly 32 percent since 2019. This growth highlights tourism’s expanding role in...

Cultural Investment Boosts Economic Growth and Innovation

Saudi Arabia recently hosted the first-ever Cultural Investment Conference in Riyadh, highlighting cultural investment as a key driver of economic growth. The two-day event...

Saudi Arabia and South Korea Boost Innovation and SME Cooperation

Saudi-Korea cooperation is gaining momentum after senior officials from both nations met to expand ties in innovation and entrepreneurship. The talks focused on building...