Saudi authorities released a preliminary budget statement for the 2022 fiscal year on 30th September 2021, and some fiscal and economic indicators were revised for the medium term.
Roughly five years after the launch of the Kingdom's National Transformation Plan (NTP), a key part of the Saudi Arabia's Vision 2030 social and economic masterplan, Saudi is seeing major initial progress in the real estate sector, with new residential mortgages soaring 1000% since 2016.
A team of marine scientists and environment experts working for the Red Sea Development Company found a massive and unique coral reef south of Al-Waqadi Island off of Saudi Arabia's coastline, Arab News and the Saudi Press Agency report.
The PGA Tour will refuse to allow some of its biggest stars to play in the Saudi International golf tournament next year in response to the Saudi Public Investment Fund's backing of a new challenging tour to rival the PGA, according to a report in Golf Week.
Hima, one of the largest rock art complexes in the world located in Saudi Arabia, has landed on UNESCO's World Heritage list, the sixth such location in the Kingdom to receive the sought-after designation, according to reports.
The second stage of the selection process for 60,000 places available at the Hajj pilgrimage in 2021 began on Friday, the National reports, with applications being sorted according to health status.
Saudi Arabia’s foreign minister on Tuesday condemned Israel’s attempts to evict Palestinians from their homes, as the Kingdom and the Arab League "angrily denounce" what they call the use of excessive force in Gaza.
Recent data on Saudi Arabia's economy showed a mixed picture for the Kingdom, with non-oil PMI trending lower in March, month-on-month, while remaining in expansionary mode, according to Jadwa Investment and official government figures.
