#Vision 2030

saudi astronauts

Saudi astronauts depart space station, to splashdown in Atlantic Ocean

The Saudi Space Commission announced the successful separation of the SpaceX spacecraft carrying the two Saudi astronauts from the ISS

Red Sea Coastline. Image Credit: redseaglobal.com

Red Sea joins Virtuoso’s portfolio as a travel partner

The destination hopes to be the gold standard for regenerative and sustainable tourism when it opens its doors to travellers later in 2023

Cityscape Global Saudi Arabia Edition

Cityscape Global to debut in Saudi Arabia this year

Over 180,000 domestic and international attendees will attend the debut edition of Cityscape Global

Saudi Arabia tranfer Aramco stake

Saudi Arabia transfers 4% Aramco stake to PIF

The state remains the largest shareholder in Aramco after the transfer, as it retains more than 90 per cent of the company’s shares

Fitch upgrades Saudi Arabia.

Fitch Ratings raises Saudi Arabia’s outlook on strong fiscal buffers

The kingdom has one of the highest reserve coverage ratios among Fitch-rated sovereigns at 18 months of current external payments

S&P Global, Moody’s raise Saudi Arabia rating on reform agenda

Fitch Ratings, one of the big three rating agencies, assigns Saudi Arabia the same score as S&P Global while Moody’s has it one level higher

Saudi’s Mawani, Jeddah Chamber to jointly build $267m integrated logistics park

Mawani said the logistics park is expected to further boost its role as a key player in the national transportation ecosystem

AFC Asian Cup

Saudi Arabia wins rights to host AFC Asian Cup 2027

Saudi Arabia has won the prestigious AFC Asian Cup championship on three occasions: 1984, 1988, and 1996

Saudi Arabia announces 5 mining exploration opportunities

Saudi Arabia announces five new mining exploration opportunities

The kingdom is looking to leverage an estimated $1.3tn worth of vastly underexplored metals and minerals to support its sustainable development goals and the clean energy transition

Saudi Arabia introduces new tourism law

Saudi Arabia’s new tourism law aims to boost business, investment and innovation

Saudi Arabia recently issued the Regional Tourism Development Councils Regulation to boost tourism in areas like NEOM, the Red Sea and Diriyah Gate

FOO Fintech

Fintech solution provider FOO expands operations into Saudi Arabia

FOO works with banks, fintech companies and retailers across the MENA region to provide digital products that enhance business models and customer experience

Saudi Aramco

Saudi Aramco and Aveva to partner to drive sustainability through digitalisation

Partnership would leverage digital transformation to support Saudi Arabia’s energy transition and expand its knowledge economy

Saudi announces $1.2bn tech initiatives, including all-new LEAP and @Hack events

The country aims to improve the digital skills of 100,000 Saudi youngsters by 2030, with a focus on cybersecurity, programming, AI and gaming

How are SMEs driving economic growth in Saudi Arabia?

At the forefront of Vision 2030, SMEs are diversifying the economy as the kingdom competes in a global arena

Saudi Crown Prince discusses Vision 2030, reveals plan to sell Aramco stake to energy firm

The kingdom has no plans to introduce an income tax, Prince Mohammed confirmed

Saudi Arabia to pivot attention, plow funds at home

The fund intends to play a leading role in refocusing the economy toward underdeveloped industries

Saudi launches Al Nawras development project in Jeddah

The project is part of Saudi Vision 2030

Saudi King heads to $500bn mega city NEOM for holiday

Construction work on the $500bn NEOM project is slated to begin this year

Saudi mulls granting visa-free access to visitors from certain nations

Last week, Saudi Arabia’s cabinet approved electronic visas for foreign visitors to attend sporting events and concerts