Saudi economy

Saudi Arabia continues to strengthen its financial and economic position in 2024 with increased spending in its public budget despite global economic uncertainty

By offering solutions that blend seamlessly with international efforts to achieve global prosperity, the Kingdom will help boost international peace and cooperation

The Kingdom's move to boost industry has defied Covid to bring in billions of dollars in foreign investment and boosted an array of local start-ups to bring new meaning to the Made in Saudi brand

Not only is cultural development great for citizens, but it is expected to add more than 5% to the GDP by 2030

Economic indicators show that the Saudi economy recorded 8.7% growth in 2022, surpassing experts' estimates, due to the economic, legislative, and structural reforms it has implemented