S&P revises Saudi Arabia's outlook to positive
Opinion
Could homegrown fashion be Saudi Arabia’s next economic driver?
As a result, fashion sales in Saudi Arabia are projected to soar by 48 percent from 2021 to 2025, reflecting a robust annual growth rate of 13 percent. This growth is fuelled by diverse factors including a rising interest in sportswear due to increased health consciousness and robust marketing efforts by global brands like Adidas and Nike.
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 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.
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.
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 PM says Saudi's planned $5 billion investment independent of cenbank deposit
Egypt's Prime Minister Mostafa Madbouly said on Thursday that a planned Saudi Arabian investment of $5 billion in Egypt is ...
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.
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 ...
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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 ...
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Topgolf Callaway to Expand into Saudi Arabia
Additionally, Callaway, Odyssey, TravisMathew and Ogio will be the official equipment and apparel brands for the Saudi Men’s, ...
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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 ...
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Idea on smart water conservation solution wins inaugural edition of TCS Sustainathon Saudi Arabia
The competition received over 65 submissions by young minds presenting innovative solutions for sustainable cities and ...