Saudi Arabia is undergoing a significant transformation with Vision 2030. The plan aims to diversify the economy beyond oil. It focuses on tourism, technology, and clean energy. Social reforms are ...

In her new book, Karen Elliott House chronicles Mohammed bin Salman's rise and his vision of economic transformation.

Saudi Arabia’s economy has jolted into reverse, after the world’s largest crude oil exporter slashed output to prop up prices. Saudi gross domestic product, the broadest measure of its economy ...

ISLAMABAD: The resumption of Saudi Oil facility and rollover of time deposits by China and Saudi Arabia kept the foreign ...

Saudi Gazette reportRIYADH — Saudi Arabia’s digital economy accounted for 15.6% of the Kingdom’s gross domestic product (GDP) in 2023, reflecting a 1.6% increase compared to 2022, ...

Saudi Arabia needs oil at $96.2 to balance its 2024 budget, the IMF forecasts. Earlier this month, the International Monetary Fund cut the forecast for Saudi Arabia's GDP growth in 2025 to 3% ...

Saudi Arabia looks to partner with other countries in developing its mining sector. ... Saudi Arabia is a G20 economy. ... There is a current push toward sustainability in mining.

Saudi Arabia estimates its 2024 fiscal deficit will widen to almost 3% of GDP, according to a government statement on Monday, as it increases spending to boost growth and meet the objectives of ...

In the economic plan, Saudi Arabia has set a target to develop ~60 GW of renewable energy capacity by 2030, multiples higher than the country’s current installed capacity of only 2.8 GW and ...

Saudi Arabia needs oil at $96.2 to balance its 2024 budget, the IMF forecasts. Earlier this month, the International Monetary Fund cut the forecast for Saudi Arabia's GDP growth in 2025 to 3% ...