Saudi Arabia invests over $800bln in tourism sector: minister

Minister of Tourism Ahmed bin Aqeel Al-Khateeb stressed that the Kingdom of Saudi Arabia is the fastest growing among the Group of Twenty (G20) countries in the tourism sector, as […]
Saudi Arabia forecasts slower growth, budget deficit for 2023

Saudi Arabia has lowered its growth forecast and expects to post a budget deficit this year rather than an earlier projected surplus, a preliminary budget statement showed on Saturday. The […]
Saudi economy enters trillion dollar club: report

A report by the Federation of Saudi Chambers , issued on the occasion of the kingdom’s 93rd National Day, revealed that the kingdom’s gross domestic product (GDP) reached SAR4.155tn, exceeding the […]