NOTE: The information regarding Saudi Arabia on this page is re-published from the 2023 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Saudi Arabia 2023 information contained here. All suggestions for corrections of ...
Oracle strengthens Saudi Arabia’s AI Economy with opening of second public cloud region Kanchan Nath Aug 7, 2024 The new Riyadh cloud region will help public and private sector organizations migrate all types of workloads to Oracle Cloud Infrastructure (OCI), giving them access to a wide ran...
The annual variation rate of the CPI in Saudi Arabia in October of 2024 was 1.9%, 2 tenths higher than the month before.
The IMF says the Saudi Arabia economy is expected to grow 7.6 per cent this year, up from 3.2 per cent in 2021, on the back of soaring oil revenues. The International lender said that the government’s Vision 2030 reform programme, designed to reduce the kingdom’s dependence on oil, ha...
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 ...
RIYADH, Oct. 2 (Xinhua) -- Saudi Arabia announced on Monday a plan to launch a company to increase the capacity of the grand mosque in Mecca to accommodate pilgrims that are expected to reach more than 30 million by 2030. The company's establishment is in line with Vision 2030, which ...
“London is the number one global center for professional services in the world. Saudi Arabia is the fastest growing economy in the G20. There’s going to be a fantastic symbiosis between us, and we can do all sorts of things together,” the Lord Mayor said during the interview. ...
World Finance: Well Bernd, if I might start with you, Saudi Arabia is of course known for its oil wealth. Is this still the driving factor behind the country’s economy today? Bernd van Linder:The Saudi government has set out on a very ambitious diversification programme, under it...
Oil was discovered in Saudi Arabia in the 1930s, although large scale production did not begin until after the second world war. Since a rapid expansion in the country's economic development in the 1960s, Saudi Arabia's economic fortunes have depended largely on oil revenues. The government'...
Iraq vs. Saudi Arabia Economy IraqSaudi Arabia Economy - overview Iraq's GDP growth slowed to 1.1% in 2017, a marked decline compared to the previous two years as domestic consumption and investment fell because of civil violence and a sluggish oil market. The Iraqi Government received its ...