August brought a fresh wave of large-scale investment activity to Saudi Arabia, headlined by a PIF-led consortium's 206 billion SAR acquisition of Electronic Arts and a further 136 billion SAR in inward FDI as Vision 2030 enters its next phase.

Saudi Arabia’s transformation is accelerating — and the latest figures make it clear that Vision 2030 is gaining real traction. A record-breaking $41 billion in inbound tourism spending highlights the success of the Kingdom’s efforts to build a thriving visitor economy, with ripple effects across retail, hospitality, transport, and real estate.

the first phase of Sports Boulevard was opened to the public.

Saudi Arabia’s economic diversification efforts and the robust expansion of the non-oil sector.

Saudi Arabia is looking to secure SAR 9 trillion ($2.39 trillion) in investments from the private sector.

Saudi Arabia announced investments worth $14.9 billion in the technological sector on the first day of the LEAP 2025.

Holders of a resident permit in Saudi Arabia must now ensure their resident permit has at least 30 days of validity before applying for an e

Saudi Arabia announces investments of over $500 billion in developing innovative and environmentally friendly tourist destinations.

Saudi Arabia’s net foreign direct investment saw a quarter-on-quarter rise of 37%.

Saudi Arabia’s Public Investment Fund and Bpifrance Assurance Export have signed a memorandum that is, understood to be valued at $10bn.

FIFA announced that Saudi Arabia’s bid to host the FIFA World Cup 2034 has achieved an evaluation score of 419.8 out of 500—the highest ever

Saudi Arabia’s non-oil economy is expected to grow by 4.4% in 2025.

The PIF has formed a strategic partnership with Google Cloud to establish an advanced artificial intelligence hub near Dammam.

Saudi Arabia has released detailed foreign direct investment (FDI) statistics for 2023.

The Ministry of Human Resources and Social Development and the Insurance Authority launched a new insurance scheme "Insurance Product"

Saudi’s giga-project Diriyah has agreed deals worth $1 billion with European firms

Good business thrives on a robust strategy that will operate with confidence in a new market.

Here, we look at some of the most important updates to policy and regulations in the Kingdom of Saudi Arabia as we head into 2024.

Discover the Top 5 myths surrounding business in the Kingdom of Saudi Arabia. Get informed and make well-informed decisions for your busines