#VISION2030 News, Headlines and Posts

Saudi Arabia, Latvia ink deal to boost trade, investment

arabnews.com RIYADH: In line with its economic diversification plan, Saudi Arabia has signed a deal with Latvia to promote bilateral trade and encourage Latvian investors to explore…

Why is Saudi Arabia going it alone on costly oil cuts?

theweek.com OPEC+ energy ministers met in Vienna over the weekend, and most of the gathered nations agreed Sunday to maintain previously agreed-upon reduced oil output through the end…

Saudi Soccer Bonanza: Public Investment Fund Backs Four Domestic Clubs To Grow Game And Influence

forbes.com Karim Benzema is the latest prominent soccer star to shift from Europe to Saudi Arabia. On Tuesday, his move to Al Ittihad was confirmed, but that was perhaps not the most…

Mkts. May Be Overly Optimistic About What the Fed Will Do

cnn.com A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the…

Saudi Arabia needs more than higher oil prices to fund its grand plans

cnn.com Editor’s Note: A version of this story appears in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Sign up here.…

Saudi Arabian soccer league to get more state funding from policy backed by crown prince MBS

apnews.com RIYADH, Saudi Arabia (AP) — Cristiano Ronaldo is already in Saudi Arabia. Karim Benzema looks sure to be next. And as the oil-rich kingdom pursues Lionel Messi as well, it…

Markets may be overly optimistic about the Fed

edition.cnn.com A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the…

Saudi Arabia’s non-oil sector growth steady as PMI clocks 58.5 in May

arabnews.com RIYADH: Saudi Arabia’s economic diversification strategy, in line with the goals outlined in Vision 2030, is progressing steadily as the Kingdom’s non-oil sector posted…

Saudi Arabia to sign deals to promote Egyptian investment in industrial, mining sectors

arabnews.com RIYADH: Saudi Arabia plans to sign two agreements with Egypt to boost the North African country’s participation in the Kingdom’s industrial and mining sectors in line with…

Prince Fahad bin Mansour Al-Saud represents Saudi Arabia at G20-Startup20 engagement group

arabnews.com RIYADH: Prince Fahad bin Mansour Al-Saud has been chosen to represent Saudi Arabia in the G20-Startup20 engagement group, the Saudi Press Agency reported on Saturday.…

PIF’s joint venture with Ma’aden to help establish mining sector: top official

arabnews.com RIYADH: With metals and mining being identified as one of the 13 strategic sectors to focus on to achieve the goals outlined in Vision 2030, the Kingdom’s sovereign wealth…

The bull case for Saudi Arabia stocks is growing, but risks remain

cnbc.com There's a burgeoning bull case for Saudi Arabia stocks. The iShares MSCI Saudi Arabia ETF (KSA) is up more than 8% year to date and almost 20% over a three-year period. By…

Saudi Arabia comes to L.A. seeking deals to build its post-oil future

latimes.com Faisal Alibrahim, Saudi Arabia’s minister of economy and planning, right, with Kevin Klowden, chief global strategist at the Milken Institute. One simple metric for…

74% of online shoppers prefer local e-commerce over cross-border platforms

arabnews.com RIYADH: Saudi Arabia’s retail sector is eyeing significant growth on the back of its e-commerce market, as 74 percent of online shoppers in the Kingdom are expected to shift…

PwC Middle East inaugurates its regional headquarters in Riyadh

arabnews.com RIYADH: PwC Middle East, a leading professional services firm in the region, officially inaugurated its regional headquarters in Riyadh on Wednesday. This move demonstrates…

EV maker Lucid Group plans to raise $3bn, mainly from Saudi PIF

arabnews.com RIYADH: Lucid Group plans to raise $3 billion through a stock offering, 66 percent of which will come from Saudi Arabia’s Public Investment Fund. The California-based EV…

Unveiling the Lucrative Advantages of Real Estate in Saudi Arabia

essayserviceprof.com Welcome to the vibrant world of real estate in Saudi Arabia, where opportunities abound and fortunes are made. In a land rich with captivating landscapes, cultural heritage,…

Saudi banking sector growth driven by mortgages: report

arabnews.com RIYADH: Saudi Arabia’s banking sector has experienced rapid growth over the past few years, primarily driven by mortgages and thanks to continued government support,…

Vision 2030 will improve connectivity between continents and enhance international trade: NIDLP CEO

arabnews.com RIYADH: Saudi Arabia’s Vision 2030 blueprint will have a profound impact beyond the Kingdom as it improves connectivity between continents and enhances international trade,…

Saudi Arabia well on its way to top 15 economies, says Al-Falih

arabnews.com RIYADH: One of Saudi Arabia’s goals is to be among the top 15 nations globally in terms of gross domestic product, and the Kingdom is well on its way to achieving it, said…

The Saudi crown prince revealed his latest vision for Neom, the $1 trillion 'utopian' megacity that critics fear will become a dystopian nightmare

businessinsider.com This concept image shows the planned design of 'The Line,' a 'vertical skyscraper' from the planned futuristic Saudi Arabian city of Neom that cuts through the desert in the…

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