Saudi Arabia remains on track to be fastest-growing G-20 economy

RIYADH – Saudi Arabia’s gross domestic product (GDP) expanded an annual 8.8 per cent in the third quarter, keeping the oil-rich kingdom on track to be the fastest-growing among the Group of 20 ... Read More

Despite Saudi Arabia’s modernizing reforms, the oil city of Dammam remains the country’s economic heart

For much of the last decade, Saudi Arabia's leaders have been trying to wean the country from its dependence on oil. However, this economic change is progressing slowly. A visit to the center of the ... Read More

Saudi Arabia's economy grows at fastest quarterly pace since 2022 - MSN

Saudi Arabia’s economy grew in the fourth quarter at the quickest pace since 2022 as the non-oil sector expands under the kingdom’s multi-billion dollar strategy to diversify the economy. Read More

Saudi Arabia Seeks to Decouple Economy From Oil, Finance Minister Says

Saudi Arabia aims to diversify its economy as part of the country’s long-term economic transformation plan, Finance Minister Mohammed Al-Jadaan tells Bloomberg at the World Economic Forum in ... Read More

Saudi Arabia is opening up its economy and its society. Why has Canada ...

Donald Trump came to Saudi Arabia earlier this month, with big U.S. business leaders in tow, to embrace Saudi’s young leader, Mohammed bin Salman, and his 2030 plans to reshape its oil economy ... Read More

Saudi Arabia’s Economy Picks Up as Oil Supply Cuts Wear Off

Saudi Arabia’s economy grew at the fastest pace since early last year in the third quarter, as the non-oil sector continues to rise quickly and the effects of petroleum-production cuts wear off. Read More

Neom is a '50-plus-year plan,' says Saudi Arabia's finance minister

Neom is a long-term project, rather than one expected to be "making money in five years," said Saudi Arabia's finance minister. Read More

UAE remains GCC's fastest growing economy in 2024-25 despite slowdown - MSN

But this remains contingent on governments continuing reforms and keeping policy tight, which will weigh on the pace of recoveries,” it said. UAE remains GCC's fastest growing economy in 2024-25 ... Read More

Saudi Arabia’s trillion-dollar economy gains momentum, fueled by ...

Saudi Arabia’s economy continues to surge forward, building on its recent achievement of trillion-dollar status as ambitious Vision 2030 reforms propel the ... Read More

New job creation in Saudi Arabia is growing at fastest pace since early ...

Dubai: Jobs are being created in Saudi Arabia at one of the fastest rates of the last 10 years, with August providing more evidence of improved conditions for businesses. Read More

Saudi Arabia's economy grows at fastest quarterly pace since 2022

Saudi Arabia’s economy grew in the fourth quarter at the quickest pace since 2022 as the non-oil sector expands under the kingdom’s multi-billion dollar strategy to diversify the economy. Read More