Tag: Saudi Arabia

Surge in Hospitality Projects Signals Regional Economic Recovery

The hospitality sector in the Middle East and North Africa is set for a major resurgence in 2024–2025,…

Saudi Arabia’s Tourism Boom Accelerates Economic Shift Beyond Oil

Saudi Arabia recorded unprecedented foreign tourism spending in 2024, reflecting its strategic focus on economic diversification. Under Vision…

Gulf States Advance Naval Industry in Strategic Maritime Shift

Gulf nations are ramping up investments in naval industries to boost defense capabilities and achieve industrial autonomy. Strategic…

Saudi Arabia’s Strategic Push into Duty-Free Retail

Saudi Arabia’s Public Investment Fund (PIF) launches Al Waha Company to manage and expand duty-free markets across the…

Saudi Arabia’s Global Leadership in Water Resource Management

Saudi Arabia has emerged as a global leader in water resource management through innovative desalination technologies, sustainable policies,…

Gulf Plans to Acquire Thermal Power Plants

Gulf nations are replacing aging liquid-fuel power plants with new thermal stations to enhance energy security and support…

Saudi Arabia’s Financial Market Plans: A Game Changer for the Region?

Saudi Arabia’s financial markets are undergoing transformative reforms under Vision 2030, enhancing investment opportunities and global market integration

Artificial Intelligence in Saudi Arabia and Its Economic Impact

The World Bank and Saudi authorities collaborate to enhance the digital sector, leveraging AI to drive economic growth…

Saudi Defense Minister Visits the U.S.: Strengthening Military Partnership in a Critical Phase

Saudi Arabia and the United States reaffirmed their long-standing defense partnership during a high-profile visit by Saudi Defense…