Saudi Arabia News » Hail News Saudi Arabia » Hail » 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 » Hail » Economy: PIF to unveil new strategy within weeks as Saudi economy remains resilient, Al-Rumayyan says
MIAMI — Yasir Al-Rumayyan, Governor of the Public Investment Fund (PIF), said Saudi Arabia’s economy remains “strong, stable and resilient,” as the Fund prepares to unveil a new five-year strategy ...
News Saudi Arabia » Hail » Economy: Periodical Briefing: Saudi Arabia Approves 2026 Budget, Cements Alliances, Pioneers Future Mobility
The first half of December marked a decisive conclusion to the year for Saudi Arabia, characterized by the approval of a robust 2026 budget, major diplomatic breakthroughs, and the acceleration of its ...
News Saudi Arabia » Hail » Economy: Saudi Arabia's economy shrinks by 4.8% amid Iran war: What to know
Saudi Arabia’s economy contracted by 4.8% in the second quarter due to the five-month war in Iran and the near-total closure of the Strait of Hormuz. It was the kingdom's biggest yearly economic ...
News Saudi Arabia » Hail » Economy: Saudi Arabia is tokenizing its multi-trillion dollar economy to protect its wealth from global shocks
Faisal Monai, the architect of Saudi Arabia’s digital payments system, is now leading a $12.5 billion push to tokenize real-world assets through droppRWA, starting with real estate. He predicts that ...
News Saudi Arabia » Hail » Economy: Canadian PM visits Saudi Arabia to strengthen energy, mining partnerships
Canadian Prime Minister Mark Carney paid a visit to Saudi Arabia, marking the first state visit in more than a quarter-century as Ottawa and Riyadh explore deeper mining and energy ties. Carney ...
News Saudi Arabia » Hail » Economy: The Houthis may soon discover the limits of Saudi strategic patience
The Houthi declaration that they intend to block Saudi shipping and vessels bound for Saudi ports in the Red Sea is not another act of revolutionary theatre. It is Iran’s latest attempt to test Saudi ...