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THE KINGDOM S VISION 2030
An aggressive growth strategy and multi-city expansion bid, Umm Al Qura’s SAR 50 billion portfolioUmm Al Qura, developer of Makkah's Masar Destination, unveils a 2026–2030 strategy to expand across Makkah, Jeddah and Madinah, targeting a...
Maruti Suzuki, M&M & Tata Motors eye UK fast lane under trade pactIndian carmakers are set to boost their electric vehicle exports to the UK following a new trade agreement. This pact allows duty-free ship...
Why Saudi Arabia imports sand despite being covered by desertDespite vast desert landscapes, Saudi Arabia imports construction-grade sand due to its smooth, wind-shaped grains being unsuitable for con...
Saudi Arabia opens Umrah visa applications for new season; pilgrim arrivals beginSaudi Arabia has opened Umrah visa applications for the 1448 AH season, with international pilgrims allowed to begin arriving from May 31, ...
Saudi Arabia weighs expansion of premium residency program to lure richThe deliberations, which have not yet been finalized, are part of efforts to attract foreign capital and visitors under Crown Prince Mohamm...
Saudi private sector takes larger Vision 2030 role, minister says in DavosSaudi Arabia is transferring some Vision 2030 project scopes to the private sector to avoid economic overheating and manage timelines. The ...
After luxury push, Saudi Arabia targets broader tourist market, minister saysIn a bold move to enhance its tourism sector, Saudi Arabia is redefining accessibility for travelers. The kingdom is launching a variety of...
Wheeler dealer: Donald Trump is cutting deals thick and fast, the latest being with Saudi Arabia; here's all about itDonald Trump has secured a massive $600 billion investment deal with Saudi Arabia, reinforcing his reputation as a master dealmaker. This d...
Saudi Arabia's Vision 2030 projects to be adjusted as needed, finmin saysSaudi Arabia has adjusted Vision 2030 plan for economic growth quality, focusing on global collaboration, tourism, private sector expansion...
Saudi Arabia to raise $11 billion from syndicated loanSaudi Arabia's Ministry of Finance and ICBC did not immediately respond to a Reuters request for comment. Personally spearheaded by Crown P...
Saudi Arabia showcases soft power & attractiveness via unique exposition in DelhiThe Ministry of Media, Kingdom of Saudi Arabia, concluded its first international edition of Media Oasis in New Delhi. The event showcased ...
Saudi unveils plan for massive new airport in capitalThe announcement did not provide information about the cost of the project, which has been designed to cover 57 square kilometres. "With su...
Saudi Arabia and South Africa sign 17 MoUs worth more than $15 billionOn the occasion of South African President Cyril Ramaphosa's visit to the Kingdom, both countries agreed to strengthen their bonds in sever...
Saudi unemployment falls to 9.7% in Q2The rate of joblessness among citizens fell from 11.3% in the second quarter of 2021, and eased 0.4 percentage points quarter on quarter ac...
Saudi Arabia plans to send female astronaut to space in 2023The plan, championed by Saudi Arabia's powerful Crown Prince Mohammed bin Salman, also calls for greater integration of women into the work...
Saudi Arabia's race to attract investment dogged by scepticismUltimatums, combined with abrupt changes in trade deals and taxation regimes, are perceived as another sign of the kingdom's unpredictable ...
Saudi Arabia plans to launch special economic zones in 2021: MinisterSpeaking to a G20 panel, Falih also said the kingdom's Vision 2030 plan to diversify the economy away from oil was more popular today than ...
Saudi Arabia to invest $20 billion in Artificial Intelligence by 2030The kingdom, the Arab world's biggest economy, launched an artificial intelligence strategy last month to attract investors as part of Crow...
Saudi Arabia signs MoUs with IBM, Alibaba and Huawei on AISAUDI-TECH/ (UPDATE 1)UPDATE 1-Saudi Arabia signs MoUs with IBM, Alibaba and Huawei on AI
Saudi Arabia's National Commercial Bank buys Samba Financial Group in $14.8 bn dealThe bank will control some USD 223 billion in assets and a market capitalisation of USD 46 billion after the merger wins regulatory approva...