Saudi Arabia building the ‘most complex structure known to man,’ says developer

Saudi Arabia is set to build the “most complex structure known to man” as part of a major architectural project within the New Murabba development, according to the head of […]
Saudi Arabia’s real GDP grows 4.4%: GASTAT

Saudi Arabia’s real gross domestic product saw an annual expansion of 4.4 percent in the fourth quarter of 2024, marking its highest growth in two years, official data showed. According to flash […]
Saudi labor market transformation ‘spectacular,’ says former Swedish minister

Countries around the world can take lessons from the transformation of Saudi Arabia’s labor market, a former Swedish employment minister has insisted. Speaking to Arab News on the sidelines of […]
Clinton praises Saudi Arabia’s Vision 2030 for unlocking human potential

Former US President Bill Clinton praised Saudi Arabia’s Vision 2030 initiatives on Wednesday, highlighting their role in creating new opportunities for individuals to realize their full potential. Speaking on the […]
Saudi Arabia opens door for foreign investment in Makkah and Madinah real estate

Foreigners can now invest in Saudi-listed companies owning real estate in Makkah and Madinah, following a landmark decision by the Saudi Capital Market Authority. Effective immediately, the move aims to […]
Saudi-based Walaa Cooperative Insurance Co. maintains ‘A-’ rating: S&P Global

Saudi Arabia’s Walaa Cooperative Insurance Co. maintained its “A-” long-term insurer financial strength rating by S&P Global, with a stable outlook. The New York-based credit rating agency also affirmed its […]
World leaders to attend Saudi Real Estate Future Forum 2025 for industry-shaping discussions

The Real Estate Future Forum is set to serve as a global hub for industry leaders, policymakers, and investors as Saudi Arabia transitions toward a diversified and innovation-driven economy. The […]
Saudi Arabia raises local workforce quotas across key sectors

Saudi professionals in dentistry, pharmacy, accounting, and technical engineering will soon see expanded job opportunities as the Kingdom rolls out new Saudization targets under its Vision 2030 plan. The HRSD, […]
Saudi Arabia’s non-oil exports surge 19.7%: GASTAT

Saudi Arabia’s non-oil exports surged 19.7 percent year on year in November to reach SR26.92 billion ($7.18 billion), bolstering the Kingdom’s efforts to diversify its economy. According to the General […]
Saudi Arabia’s non-oil GDP defying expectations, finance minister tells World Economic Forum

DAVOS: Saudi Arabia’s finance minister on Wednesday said that the recent International Monetary Fund downgrading of its growth projection for the Kingdom’s economy for the year ahead did not paint […]