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Press Dossier   By Date  28/04/2025
Saudi Arabia’s international tourism revenue soars by 148%, leading G20 nations
Saudi Arabia’s tourism sector achieved a historic milestone in 2024, with international tourism revenue surging 148 percent compared to 2019 — the highest growth rate among G20 nations.
Passengers in Saudi airports surge 46% since launch of Vision 2030
Saudi Arabia’s airports handled 128 million passengers in 2024, marking a 45.8 percent increase since the launch of Vision 2030 in 2016, according to the Kingdom’s latest annual report.
Oman projects 3.4% economic growth for 2025, outpacing global peers
Oman expects its economy to grow by 3.4 percent in 2025, surpassing the performance of many global peers, a senior official announced at the Sultanate’s first International Investment Forum in Muscat.
Closing Bell: Saudi main index slips to close at 11,756
Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 8.18 points, or 0.07 percent, to close at 11,756.21.
Saudi PIF assets triple with 390% surge since 2016, 2030 target raised
Saudi Arabia’s Public Investment Fund has recorded a 390 percent surge in assets under management since the launch of Vision 2030, according to the initiative’s latest annual report.
Saudi Arabia, Qatar to clear Syria’s $15m World Bank debt
Saudi Arabia and Qatar have agreed to jointly pay approximately $15 million to settle Syria’s arrears to the World Bank, a move set to unlock renewed development funding for the war-torn country.
Saudi Arabia’s non-oil exports surge 113% since Vision 2030 launch
Saudi Arabia’s non-oil exports reached an unprecedented SR515 billion ($137 billion) in 2024, marking the highest value in the Kingdom’s history.
Saudi Arabia proposes lower bank guarantee requirements for finance licenses
Saudi Arabia is considering steps to lower the bank guarantee requirements for financial companies seeking licenses, part of efforts to bolster the Kingdom’s financial sector.
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