RIYADH: Saudi Arabia’s foreign direct investment has quadrupled, surpassing its Vision 2030 targets as the Kingdom’s economy continues to diversify away from oil, Investment Minister Khalid Al-Falih said. Speaking at the ninth edition of the Future Investment Initiative in Riyadh, Al-Falih said the surge in investment reflects the success of Vision 2030, describing the Kingdom’s transformation plan as “a reality, not a dream,” according to the Saudi Press Agency.

RIYADH: Saudi Arabia’s Vision 2030 program is progressing steadily, with 85 percent of the targets outlined in the initiative completed or on track for completion by the end of…

In conversation with Fortune Editor-in-Chief Alyson Shontell, H.E. Khalid Al-Falih described a world where "everyone is concerned" about supply chains.

RIYADH: Larry Fink, chairman and CEO of BlackRock, the world’s largest asset management firm, stated that Saudi Arabia is undergoing a positive economic transformation, making it…

RIYADH: Saudi Arabia’s foreign direct investment has quadrupled, surpassing its Vision 2030 targets as the Kingdom’s economy continues to diversify away from oil, Investment…

RIYADH: Saudi Arabia’s Minister of Economy and Planning Faisal Alibrahim has projected the Kingdom’s real gross domestic product to expand by 5.1 percent in 2025, supported by…

RIYADH: Saudi Arabia is aiming to double the tourism contribution to the national economy from the current 5 percent to solidify its position as a leading global destination,…

JEDDAH: The balance of capital markets, investor confidence, and Saudi Arabia’s market performance took center stage at the ninth Future Investment Initiative conference. Speaking…