Saudi Minister of Economy and Planning shares ambitious $1tn investment target
Ministry of economy and planning
Latest in Ministry of economy and planning
Ministry of economy and planning
Saudi Arabia to prioritise economic diversity and human capital development: minister
Saudi will boost economy with diverse industry approach and human capital development
G20
Saudi Arabia at G20: Minister lauds economic growth, sustainability efforts
Saudi Minister of Economy and Planning highlights economic success during G20 summit
big data
US-based Clarity AI to team up with Saudi government to drive data-driven businesses in the Kingdom
The two will work together to explore potential areas of cooperation and exchange experiences in using big data
GCC
GCC Economic and Development Affairs Authority Committee meets in Riyadh on Monday
The current meeting is seen as a step toward achieving the GCC customs union and common market milestones to achieve GCC economic unity
GDP growth
Saudi Arabia registers 8.6 percent growth in real GDP in Q3 2022
The country also reported a low inflation at 2.9 percent – one of the lowest rates among the G20 nations
MEPX
Saudi Arabia launches new economic analysis index to monitor performance of the country’s private sector
The new index, designed and developed by the country’s ministry of economy and planning, is intended to track ten economic factors classified into four categories – consumers, firms, and the financial and trade sectors
Artificial intelligence
Saudi Arabia to introduce AI, data analytics to strengthen policymaking, economic growth
The Saudi Data and AI Authority and the country’s ministry of economy and planning signed an MoU for this
High-Level Political Forum
Saudi Arabia sets up steering committee for implementing sustainable development goals
The Saudi ministry of economy and planning also signed the UN Sustainable Development Cooperation Framework 2022-2026 to further strengthen its partnership with the UN on achieving SDGs in the country
Crude exporter
Saudi Arabia to shore up billions of dollars from higher oil prices for next year
Saudi Arabia has seen revenues soar on the back of $100 oil and rising production. If crude prices remain that high, the kingdom’s total oil exports may reach an estimated $287 billion in 2022
Ministry of economy and planning
Saudi Arabia and South Korea announce new business alliance
Launch of Saudi-Korea Vision 2030 committee to boost business ventures between the two countries