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4 new economic zones strengthen the Kingdom's position as a global investment center 

Reading time: < 1 Minute4 new economic zones strengthen the Kingdom's position as a global investment center 

31/05/2023

Minister of Investment: Special Economic Zones
Private Sector - Saudi Economy - Construction Contracts in Saudi Arabia

World Bank expects Saudi Arabia's economic recovery to continue until 2027

Saudi average growth of 4.6% in 2026-2027 with oil output rising to 6.7% in 2026

Residential program

Saudi Arabia adds two new Guinness World Records in the water sector

Saudi Arabia receives two Guinness World Records certificates for the largest RO desalination plant and the lowest energy consumption, bringing the total to 11۔

Dr.. Moanis Shujaa - Entrepreneurs - National Day 95

Hajj is the largest humanitarian operating experience

The Kingdom builds on the success of the 1446 Hajj season by developing pilgrim services and implementing the Hajj program as part of Vision 2030.

“National Water” prepares for the post-Hajj season in Medina by distributing 630 thousand cubic meters per day

National teams operate a smart system and ensure strategic storage with 775 daily tests to ensure water quality.

Residential program

“Roads Authority: Air-conditioned mobile sites for pilgrims on the Hijrah Road in case their buses break down

Air-conditioned mobile units on the Makkah-Madinah road that operate 24 hours during Hajj, accommodating 40 pilgrims and providing comfort and services.

World Bank: Saudi economy to grow 2.8% in 2025 and 4.5% in 2026

The bank points to supporting growth by increasing oil production, diversifying the economy through Vision 2030, and boosting the role of the private sector.

Citizen Account Logo

Citizen Account deposits 3 billion riyals to beneficiaries of the June payment

The 91st installment included 9.9 million beneficiaries, with an average family support of SAR 1474, and total program payments exceeding 244 billion.

Saudi Real Estate Authority concludes its participation in the London Roadshow at Cityscape Riyadh

The delegation held meetings with British companies to discuss partnerships, digital solutions and investment opportunities to boost the Saudi real estate market.

National Housing Company

NHC promotes the future of Saudi real estate development at Cityscape Global in London

NHC showcased 39 projects in 17 cities, managing more than 284 million m2 of land and attracting international partnerships worth SAR 33 billion

Al-Haqeel

Al-Haqeel: Saudi real estate market offers quality opportunities supported by stimulating regulations and advanced digital infrastructure

During the Capitals London forum, he emphasized the readiness of Saudi cities to attract real estate investments in the presence of companies and funds with assets exceeding $4.4 trillion.

Al-Haqeel

Al-Haqeel concludes his visit to Kuwait and heads the Kingdom's delegation to the GCC housing ministers' meeting

Adoption of technical manuals including the Value Engineering Manual, signing of two memorandums of understanding, and Al Forsan Front winning the GCC Housing Award.

Promising program

In its fifth edition. «Wa'ed» program opens registration to qualify recent graduates for the job market

Registration is available until May 30 for the National Housing Company program that offers a six-month internship with a stipend and medical insurance.

Digital Economy - Digital Communications Achievements

On World Telecommunication and Information Society Day Saudi Arabia is leading the future with a digital economy and artificial intelligence reshaping the world

The Kingdom leads the Middle East as the largest digital economy with a value of 495 billion riyals and invests more than 55 billion in artificial intelligence.

“Cities Dialogue Forum” reviews urban growth strategies for economic development

Municipal leaders showcased experiences in attracting investment, smart urban planning and clean energy to support local development.

Residential program

«Amlak publishes details of the signing of the Strategic Economic Partnership Document between the Kingdom and the United States of America

Crown Prince and U.S. President sign agreements and memorandums of cooperation covering energy, defense, space, justice and customs

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