Saudi events industry showcases different side of Vision 2030
A decade after Vision 2030 was unveiled, Saudi Arabia’s transformation is now being driven by its booming events industry, not just its infrastructure and giga-projects. This sector is expanding rapidly, establishing the country as a leading global hub for tech and business. The Kingdom has successfully attracted over 20 international event brands in recent […]
Saudi Arabia’s real GDP grows 5% in Q3: GASTAT
Saudi Arabia’s economy grew 5 percent in the third quarter from a year earlier, driven by strong gains in both oil and non-oil sectors, official data showed. According to flash estimates from the General Authority for Statistics, oil activities grew 8.2 percent, while non-oil output expanded 4.5 percent and government activities increased 1.8 percent during the […]
PIF set to achieve goal of reaching $1tn in assets by year-end: Al-Rumayyan
Yasir Al-Rumayyan, governor of the Public Investment Fund, said the fund’s assets have tripled since 2015, adding the fund’s goal is to reach $1 trillion by the end of this year, “and we are very close to achieving it.” The PIF has been the cornerstone of Saudi Vision 2030, with its workforce expanding from around […]