Saudi Arabia

Saudi Arabia is scaling back plans to build 81 luxury Red Sea resorts by 2030 as the Kingdom reassesses pace and scope across giga-projects — a pragmatic recalibration that preserves Vision 2030's economic logic while aligning timelines to execution reality, with 85% of targets still on track.

Riyadh has quietly become one of the world's most compelling real estate investment markets. While Dubai has dominated GCC property headlines for the past...

Construction on NEOM's The Line was suspended in September 2025 after just 2.4 kilometres of foundation work — far short of the 170km vision. As of June 2026, Saudi Arabia's giga-project has pivoted to industrial AI infrastructure and renewable energy, while Oxagon port reaches 68 per cent completion.

Saudi Arabia's real GDP expanded 3% year-on-year in Q1 2026, with financial services registering the highest sector growth at 5.4% and manufacturing rising 4%, as Vision 2030's economic diversification continues to outperform expectations.

The Middle East closed the first quarter of 2026 with a record hospitality development pipeline of 717 projects totalling 177,110 rooms — up 12 per cent year-on-year — led by Saudi Arabia's giga-project portfolio as UAE hotel demand softens amid regional tensions.

Saudi Arabia has launched the third and final phase of Vision 2030 with its GDP exceeding $1.31 trillion and non-oil activities accounting for 55 per cent of the economy, while tourism has surpassed its original 100 million visitor target three years ahead of schedule.

Saudi Arabia has launched its 2026 summer tourism season under the theme "Our Summer, Your Way", a campaign that reflects how dramatically the Kingdom's...

Saudi Arabia's Public Investment Fund (PIF) has successfully priced a USD 15 billion green bond issuance across 5-year, 10-year, and 30-year tranches, the largest...

The Middle East and North Africa (MENA) region enters the second half of 2026 with substantial economic momentum, despite a complex global backdrop of...

Saudi Arabia is the Arab world's largest economy and one of the world's most consequential energy producers. In 2026, the Kingdom is at a...

Saudi Arabia's Central Bank Digital Currency (CBDC) programme, the Digital Saudi Riyal, has expanded its domestic pilot from 6 to 20 participating banks, with...

The Big 5 Saudi, the Kingdom's premier construction industry exhibition, returns to the Riyadh Front Exhibition and Convention Centre from 9-12 June 2026. The...