Saudi Arabia News » Bahah News Saudi Arabia » Bahah » Economy: Saudi Arabia’s Dreams of a Sustainable Economy Are Now Drowning in Oil
If you blinked, you may have missed the way Saudi Arabia’s utopian economic diversification program known as Saudi Vision 2030 has been unofficially rebranded “Vision 2034,” named for the year Saudi ...
News Saudi Arabia » Bahah » Economy: How Saudi Arabia is diversifying away from oil — and betting big on AI
While oil is still the primary driver of Saudi Arabia's economy, the kingdom is now diversifying its growth drivers into areas such as artificial intelligence, tourism and sports. Saudi ministers told ...
News Saudi Arabia » Bahah » Economy: From futuristic NEOM to tech and tourism, Saudi Arabia's priorities are shifting
Faisal Alibrahim, Saudi's economy minister, told CNBC the country was "reprioritizing a little bit towards sectors that need it the most." It comes after Riyadh launched an ambitious strategy, "Vision ...
News Saudi Arabia » Bahah » Economy: Trade Finance Driving Saudi Arabia's Economic Transformation: An Example Of Innovative Growth
Saudi Arabia stands on the cusp of a profound economic transformation. Spearheaded by its Vision 2030 strategy, this ambitious initiative aims to reduce the Kingdom's reliance on oil while ...
News Saudi Arabia » Bahah » Economy: Saudi society has changed drastically. Can the economy change, too?
Twenty years ago Buraidah was a showcase of Saudi Arabia’s problems. Religious police roamed the city’s streets, making sure that shops stayed closed for the five daily prayers, that women only left ...
News Saudi Arabia » Bahah » Economy: Vision 2030: How Mining Could Power Saudi Arabia's New Economy
As Saudi Arabia accelerates its economic diversification under Vision 2030, the mining sector is emerging as a cornerstone of the Kingdom's new growth model. Saudi Arabia's commitment to expanding its ...
News Saudi Arabia » Bahah » Economy: Saudi Arabia projected 3rd fastest-growing G20 economy in 2027: IMF
RIYADH — Saudi Arabia is projected to rank as the third fastest-growing economy among G20 nations in 2027, according to forecasts by the International Monetary Fund. Based on the IMF’s World Economic ...
News Saudi Arabia » Bahah » Economy: IMF raises Saudi economy’s growth forecast to 4.5% in 2026
RIYADH — The International Monetary Fund (IMF) has raised its forecast for Saudi Arabia's economic growth in 2026 for the third year in a row. The IMF projected Saudi Arabia's economy to grow by 4.5 ...