Saudi Arabia’s Cashless Future (And Why Corporate Spend Needs To Catch Up)

Saudi Arabia’s ambition to become a cashless economy is moving at pace. As part of the Financial Sector Development Program (FSDP), the Kingdom has set a target for 70 percent of all transactions to ... Read More

Saudi Arabia’s $1.3 Trillion Vision 2030

In 2016, the Saudi Arabian government announced Vision 2030, a sweeping strategy designed to diversify the kingdom’s eco ... Read More

Al-Jadaan: Saudi Arabia’s Financial Market Is Fastest-Growing Worldwide

Riyadh: Saudi Arabia’s financial market has surged past $2.4 trillion, making it the fastest-growing globally, as the Kingdom doubles down on fintech, digital payments and artificial intelligence to ... Read More

Saudi Arabia's second quarter GDP rises 3.9%

Saudi Arabia's gross domestic product (GDP) grew 3.9% in the second quarter of 2025 driven by the non-oil sectors, according to government data estimates released on Monday. Non-oil activity grew by 4 ... Read More

Saudi Arabia remains GCC's biggest borrower in H1 2025 despite 20% YoY drop in debt issuance

In the first half of 2025, Saudi Arabia retained its position as the top issuer in the Gulf Cooperation Council’s debt markets, raising $47.93 billion through bonds and sukuk. While this figure ... Read More

What's behind the $8-billion hit to Saudi Arabia's massive wealth fund

The writedown comes amid lower global oil prices and a growing fiscal deficit for the Saudi kingdom. International investments fell to 17% of the portfolio, down from 20% the year prior as the fund ... Read More

Saudi finance minister: Kingdom’s stock market among fastest-growing globally, valued at $2.4 trillion

Saudi Gazette reportRIYADH — Saudi Finance Minister Mohammed Al-Jadaan said Monday that the Saudi stock market is one of the fastest-growing globally, with a market capitalization reaching $2.4 ... Read More

Saudi Arabia’s $17.6bn events economy positions the region as global hub

Saudi Arabia’s events industry is on track to generate a total economic impact of $17.6bn between 2023 and the end of 2025, underscoring the Kingdom’s emergence as a global hub for business and ... Read More

Oil Slips 2% as Saudi Arabia Presses OPEC+ to Fast-Track Output Hike

Saudi Arabia is urging OPEC+ to accelerate its next oil production increase, potentially restoring 1.66 million barrels per day of output and impacting global oil prices. Read More

Non-Oil Activity in Saudi Arabia Maintains Momentum

Saudi Arabia’s non‑oil private sector sustained strong expansion in July, although growth eased compared with June. The Purchasing Managers’ Index, compiled by S&P Global for Riyad Bank, slipped to 56 ... Read More