There were 534 results found for Saudi Arabia and Economy

There were 534 results found.

Interview

Stephen Groff, Governor, National Development Fund: Interview
OBG
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Interview: Stephen Groff, Governor, National Development Fund, on driving innovation, partnerships and inclusive development How are financing priorities across development funds being aligned with the goals of Vision 2030? STEPHEN GROFF: What began as six banks in development financing has grown into a network of 12 specialised entities working to advance economic and social progress by channelling…

Analysis

Saudi Arabia's economic transformation promotes Vision 2030 objectives
OBG
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Vision 2030 was launched by Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud in 2016 and represents the most far-reaching and transformative development blueprint in the Kingdom’s history. The framework revolves around three central principles: developing a vibrant society, creating a thriving economy and building an ambitious country. What this means in practice is that the Kingdom has had…

Analysis

Localisation policies create employment opportunities for GCC nationals
OBG
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Countries across the GCC have intensified workforce nationalisation policies in recent years as part of broader efforts to reduce reliance on expatriate labour and create sustainable employment opportunities for expanding national populations. These localisation initiatives are increasingly connected to broader economic diversification strategies, as governments seek to better align labour market outcomes…

Analysis

Vocational training programmes emphasise women’s participation in Saudi Arabia
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More women employees are joining workplaces and boardrooms across the GCC, with gender equality emerging as a central objective of a wider regional push to strengthen environmental, social and governance (ESG) standards. Governments, regulators and private sector actors are increasingly aligning policy reform with philanthropic initiatives designed to support women’s economic participation, leadership…

Overview

Saudi Arabia's Vision 2030 diversification strategy prioritises foreign investment
OBG
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Saudi Arabia occupies a central position in the Middle East, shaped by its role as the custodian of Islam’s holiest sites and one of the world’s largest holders of proven oil reserves. The Kingdom’s modern state emerged in the early 20th century and was rapidly transformed following the commercial discovery of oil in 1938 and the subsequent development of its national energy industry. Its strategic…

Overview

Private sector expansion shapes Saudi Arabia's future growth
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Saudi Arabia is entering a new phase of its Vision 2030 agenda, with greater emphasis on consolidating and maximising the impact of economic reforms introduced over the past decade. Since the launch of Vision 2030 in 2016, the Kingdom has pursued an ambitious agenda aimed at diversifying away from hydrocarbons, expanding private sector activity across the economy and positioning the Kingdom as a globally…

Overview

Strengthened governance positions GCC's non-profit sectors as significant economic contributors
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Philanthropy has been a long-standing tradition in Saudi culture, and a wide range of non-profit organisations have emerged across the Kingdom. Traditionally, the approach to giving was informal and fragmented, both in terms of voluntary time and monetary donations. However, since the government included the non-profit sector in its Vision 2030 national development strategy, the sector has become gradually…

Overview

Selection of hotels in Saudi Arabia
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FAIRMONT RAMLA SERVICED RESIDENCES 7713 King Fahad Road Al Sahafah District Riyadh 13321 T: (+966) 11 224 4500 info.ramla@fairmont.com www.fairmont.com/ramla-riyadh Rooms: 249 furnished apartments, suites and a two-floor penthouse. Business & Conference Facilities: Five fully equipped meeting rooms and cinema room accommodating up to 10 guests. Health & Leisure Facilities:…

Overview

Information and tips for travellers to Saudi Arabia
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Etiquette There are social expectations for how interactions between unrelated men and women should be conducted. Businessmen should wait for a woman to offer her hand to shake in a meeting. In other situations, keep a respectful distance. Handshakes between men are common. Saudis pride themselves on their hospitality, and it is impolite to begin business without engaging in small talk first. In formal…

Chapter

The Report: Saudi Arabia 2025: Country Profile
OBG
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Saudi Arabia occupies a central position in the Middle East, shaped by its role as the custodian of Islam’s holiest sites and one of the world’s largest holders of proven oil reserves. In 2024 Saudi Arabia recorded SR119bn ($31.7bn) in foreign direct investment inflows, a 24% increase from 2023 – one of the highest levels in its recent history. This reflects growing investor confidence in the…

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There were 534 results found for Saudi Arabia and Economy

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