Saudi Arabia is in the midst of a massive economic overhaul known as Vision 2030 aimed at ending its reliance on oil which requires hundreds of billions to develop new economic sectors and more sustainable revenue streams. The Arab world's biggest economy needs oil prices at almost $100...
Maintaining that momentum and commitment to diversify the economy will be pivotal for the long-term investment case. So far, we are encouraged by what we have seen on the ground. What is Saudi Arabia 2030 Vision? The main goals are to encourage investment in ...
Saudi Arabia GDP per capita of Saudi Arabia 2029 Saudi Arabia Total population of Saudi Arabia 2029 Digital Privacy Freedom House Index: countries with the highest internet freedom 2024 Recommended statistics Population Economy National finances MENA Digital usageKey...
SaudiArabia EconomicOutlook2023 2023f 2022 TheGlobalOutlook: 2023growthworstsince 2001,withexceptionof 2009&2020 Theoutlookfortheglobaleconomyin2023hasdampened,witharecessionforecastinsome.AccordingtotheIMF'sWorldEconomicOutlookUpdate,issuedinOctober2022,globaleconomicgrowthwillslowto2.7%in2023(revisedfromaninitia...
RIYADH, Feb. 27 (Xinhua) -- Saudi Arabia received 106.2 million domestic and international tourists in 2023, the Saudi Ministry of Tourism said in a statement on Tuesday. The total number of tourists represented a 56-percent increase from 2019 and a 12-percent rise from 2022. The number of...
Saudi Arabia's population is around 33 million inhabitants, and of the employed workforce, most have jobs in the oil and gas industry. This is to be expected, as the economy is based on the production and trade of oil, and as such the oil sector has a value of about 1.1 trillion Saud...
As of 2023 Google owns the lion’s share of the search engine market in Saudi Arabia. Depending on the source of the information, Google’s market share ranges from 95-97%. Regardless of the percentage, Saudi Arabians tend to be extremely loyal to brands once they have an established stro...
Saudi Minister of Economy and Planning Faisal bin Fadhil Alibrahim addresses the opening of the special meeting of the World Economic Forum (WEF) in Riyadh, Saudi Arabia, on April 28, 2024. A special meeting of the WEF themed around global collaboration, growth and energy for development ended...
Saudi Arabia - Oil, Trade, Investment: Fueled by enormous revenues from oil exports, the economy boomed during the 1970s and ’80s. Unlike most developing countries, Saudi Arabia had an abundance of capital, and vast development projects sprung up that t
March 8 2024 Public Investment Fund of Saudi Arabia Saudi Arabia transfers $163bn stake of oil producer Aramco to its wealth fund Kingdom’s investment group aims to finance projects to modernise its economy Save January 30 2024 Saudi Arabia ditches plan to raise oil production World’s...