Saudi Arabia targets five percent unemployment by 2030, surpassing earlier milestones and driving women’s workforce participation beyond Vision 2030 goals, while advancing localisation efforts in key industries.
Saudi Arabia and UAE compete for regional dominance in investment banking, with Saudi leading in IPOs and debt markets under Vision 2030, while UAE diversifies to sustain growth.
Riyadh Metro’s driverless network begins November 27, marking a milestone in Saudi Arabia’s urban transformation under Vision 2030; sustainability takes centre stage, with renewable energy powering operations.
Saudi Awwal Bank plans SAR-based sukuk issuance to strengthen its capital base; HSBC leads the private placement as Islamic finance drives growth.
Saudi Arabia is Pakistan's steadfast friend and brother, and any venomous remarks against it are an act of hostility towards Pakistan and an unforgivable crime. Any hand that attempts to disrupt the Pakistan-Saudi friendship will be dealt with firmly, says Pakistani prime minister Shehbaz Sharif.
Former Pakistan COAS General Qamar Bajwa has dismissed Bushra Bibi’s claims of Saudi involvement in the alleged ousting of Imran Khan’s government following his visit to Madinah, calling them baseless.
Bushra Bibi, the wife of Imran Khan, has sensationally accused Saudi Arabia of using military influence to topple his government, claiming the monarchy viewed Khan as "too pro-Sharia" while seeking to dismantle Sharia law in Saudi Arabia themselves.
Saudi firms, including PIF-backed entities, are eyeing Hong Kong listings to strengthen Gulf-Asia financial ties; a collaboration with HKEX could reshape regional investment opportunities.
UAE and Saudi Arabia lead MENA’s 2024 M&A surge, driven by cross-border deals and focus on digital, sustainable investments, with $71bn in transactions.
Cityscape Global 2024 in Riyadh closes with $61bn in real estate deals and over 172,000 attendees, marking a major step for Saudi Vision 2030.
