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The kingdom’s sovereign wealth fund is the engine driving its ambitious Vision 2030 economic transformation plan.
For the first time, non-oil activities now account for 50 percent of Saudi Arabia’s GDP The program has helped drive local employment, providing jobs for over 113,000 Saudi men and women ...
Saudi Arabia’s non-oil economy is expected to grow by 4.5 per cent this year, contributing to a projected headline GDP growth rate of 3.7 per cent, according to Emirates NBD’s latest economic update.
Saudi Arabia’s annual inflation rate remained relatively stable at 2.1 per cent in July 2025 compared to the same period last ...
RIYADH (Reuters) -Saudi Arabia's economy grew by more than expected in the first quarter of 2025, according to government data estimates, with lower oil prices impacting the economy less than ...
Saudi Arabia’s non-oil GDP hit 3.8 percent in 2023, marking a slowdown from 2022 when it reached 5.3 percent, but was still “robust” thanks to strong investment and private consumption.
Earlier this month, the International Monetary Fund cut the forecast for Saudi Arabia's GDP growth in 2025 to 3% versus a January estimate of a 3.3% increase.
The PIF's assets under management climbed 19% from the end of 2023 to $913 billion, making it one of the largest sovereign wealth funds on the planet.
Washington, DC: On July 28, 2025 the Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Saudi Arabia. [1] ...
Saudi Arabia’s nearly $1 trillion sovereign wealth fund, the Public Investment Fund (PIF), has taken an $8 billion write-down ...
Saudi Arabia’s economy expanded for a fifth straight quarter, driven by steady growth in the non-oil sector and a return to ...
The Saudi Arabia real estate market offers opportunities driven by economic diversification and Vision 2030, focusing on ...