After years of bold ambition and heavy investment, artificial intelligence adoption in both Saudi Arabia and UAE is entering a more performance-driven phase amid reports that AI could contribute $135 billion to the kingdom’s economy and $96 billion to the emirates' economy by 2030, said an expert.
Saudi Arabia has become a major global player in tourism, with the sector now contributing approximately 5% of the kingdom’s GDP and accounting for nearly 5% of total employment, said Ahmed Al-Khateeb, Minister of Tourism of the Kingdom of Saudi Arabia.
The King Abdulaziz Center for World Culture (Ithra) has shortlisted five artists for the seventh edition of the Ithra Art Prize, which celebrates artists from or based in the 22 Arab countries, one of the most established art awards in the Middle East and the Arab region. '
Saudi Arabia will host the World Economic Forum (WEF) Global Collaboration and Growth Meeting: Building Common Ground and Reviving Growth in Jeddah on April 22 and 23, it was announced on the closing day of the 56th Annual Meeting of the Forum in Davos, Switzerland.
As global investment flows slow, Saudi Arabia is moving in the opposite direction. The Kingdom’s disciplined approach to reform, policy certainty and execution under Vision 2030 have created a rare strategic edge in today’s volatile world: stability that investors can trust.
Saudi Arabia will host the first Global Coral Reef Summit in 2026, bringing together global leaders, scientists, and investors to drive solutions for the protection and recovery of coral reef ecosystems.
Saudi Arabia has issued preliminary design consultancy tenders for the Jeddah Metro project’s Blue Line network, said a report. A 35-km-long network, the Blue Line will run from King Abdulaziz International Airport to the Haramain High-Speed Railway station covering 15 stations.
New Murabba, a Public Investment Fund company, has signed a memorandum of understanding (MoU) with Saudi Arabia's Ministry of Industry and Mineral Resources to explore the strengthening of local content, expand national supply chains, and enhance industrial collaboration across one of the Kingdom’s most ambitious urban developments.
ROSHN Group has launched two new typologies in its ALDANAH community in Dhahran, including villas with an area of 275 sq m and duplexes with an area of 246 sq m. This release caters to the aspirations of diverse customers, with a variety of home sizes and design options.
For economies to remain competitive in the future, they must prioritise investments in human capital, Princess Reema Bandar Al-Saud, Ambassador of Saudi Arabia to the US, told the World Economic Forum (WEF) Annual Meeting 2026 in Davos.