S&P revises Saudi Arabia's outlook to positive
S&P revises Saudi Arabia's outlook to positive on advancing non-oil economy
S&P Global Ratings revised Saudi Arabia's forecast to positive from stable on Friday, citing strong non-oil growth outlook and economic resilience.
S&P: Saudi Arabia’s tourism growth boosts positive economic outlook
S&P Global Ratings cited Saudi Arabia’s Vision 2030 and its focus on tourism as key factors in the upgrade of the economic outlook. S&P: Saudi Arabia's tourism growth boosts positive economic outlook.
Saudi Arabia's Economic Growth Defies Regional Instability
Saudi Arabia's economy demonstrates resilience and growth despite regional conflicts, driven by non-oil sector expansion and strategic distancing from tensions.
Saudi Arabia’s non-oil economy grows 4.9% in Q2: GASTAT
Saudi Arabia’s non-oil activities expanded 4.9 percent year-on-year in the second quarter of 2024, driven by gains in the financial and insurance sectors, official data showed.
Analyst Comment: Saudi Arabia’s FDI Outlook
GlobalData Economist Ollie Brown discusses tourism in the FDI sector, conflict in the region and the need to maintain a diplomatic balance.
S&P Boosts Saudi Arabia Outlook, Flags Possible Ratings Upgrade
S&P Global Ratings raised Saudi Arabia’s outlook to positive from stable and flagged the possibility for future ratings increases as the kingdom presses ahead with a massive economic overhaul aimed at diversifying revenues and boosting the non-oil sector.
Egypt Says Saudi Arabia Wealth Fund Set to Invest $5 Billion
Egypt said Saudi Arabia’s crown prince has directed the kingdom’s sovereign wealth fund to invest an initial $5 billion in ...
NEOM, Saudi Arabia's planned megacity in the desert, is popping up in influencer vlogs. Where is the project at?
The massive infrastructure project has been advertised for years with otherworldly concept images, but as influencer vlogs ...
Saudi Arabia just stepped up plans to court the world's AI leaders to its desert kingdom
The Middle East kingdom is betting big on AI as it races against the clock to diversify its economy away from oil.
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Saudi Arabia targets control of Alba to bolster metals ambitions
Saudi Arabia’s de facto ruler, Crown Prince Mohammed bin Salman has put metals at the center of his Vision 2030, with Ma’aden ...
Saudi Arabia's Fashion Industry Surges Ahead, According to New Report From Saudi Fashion Commission
A new report from the Saudi Fashion Commission says the growing youth population, women in the workforce and investment in ...
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Saudi Arabia plots space industry transformation
Saudi Arabia’s sovereign wealth fund-backed Neo Space Group is looking to lease multi-orbit capacity to bolster its foothold ...
Saudi Arabia Agrees to Build Golf Venues With Topgolf Callaway
Saudi Arabia has teamed up with US-based Topgolf Callaway Brands Corp. to launch new golf facilities across the kingdom as it ...
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Saudi Arabia Hopes to Add More Sites to UNESCO World Heritage List
After successfully adding the Al-Faw region to UNESCO's World Heritage list, Saudi Arabia is now aiming to register more ...