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Is Saudi Arabia Moving Toward A Diverse Economy?

Recent economic data from the Saudi Ministry of Economy and Planning show that non-oil activity grew by roughly 5% year-on-year in the first half of 2025, outpacing the oil sector ... Read More

Slow transitions drain billions from Saudi economy

Saudi Arabia has invested billions to transform its economy, attract global companies, and build a high-skill, high-productivity ... Read More

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

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 diversify ... Read More

Saudi Economy Grows Most Since Early 2023 on Oil Supply Rise

Saudi Arabia’s economy expanded at the fastest pace since early 2023 in the third quarter, helped by rising oil production and big state investments in non-hydrocarbon sectors. Gross domestic product ... Read More

Saudi economy minister forecasts 2025 real GDP growth at 5.1%

RIYADH (Reuters) -Saudi Arabia's economy minister forecast real GDP growth of 5.1% for 2025, supported by the non-oil sector, as the kingdom accelerates efforts to diversify away from oil. "We ... Read More

Saudi Arabia's economy grew 5% in third quarter, government estimates

ABU DHABI, Oct 30 (Reuters) - Saudi Arabia's economy grew 5% in the third quarter from a year earlier, according to flash government estimates released on Thursday, with oil-related growth surging as ... Read More

Led by UAE and Saudi Arabia, GCC economy to outpace global growth

The GCC is poised to defy a weak global outlook, with regional growth set to nearly double that of the rest of the world this year. According to the ICAEW’s Economic Insight Q3 2025 report, produced ... Read More

Saudi Arabia on Track to Open Real Estate Market in January

Saudi Arabia said it’s progressing as planned with reforms that will allow foreigners to own a wide range of real estate — including in the holy cities — starting in January. Read More

Watch CNBC’s full interview with Saudi Arabia’s Economy Minister

Faisal Alibrahim, Saudi Arabia’s Minister of Economy and Planning joins CNBC’s Dan Murphy at the FII summit in Riyadh, discussing the Kingdom’s economic diversification.Speaking on Foreign investment, ... Read More

Saudi Arabia Emerges Among Fastest Growing G20 Events Markets

Riyadh: Saudi Arabia is gearing up for what officials describe as a golden decade for business events, driven by unprecedented expansion in its exhibitions and conferences sector and a record jump in ... Read More