Saudi Arabia Economy Archives

July 31, 2025
International
World

Saudi Arabia’s Q2 2025 budget: Non-oil revenues jump 7%, now nearly half of all government income | World News

The non-oil revenue growth helped soften the blow of a 29% drop in oil income, easing pressure on Saudi Arabia’s Q2 2025 budget deficit/ Image: Saudi Arabia Ministry of Finance In a significant financial development for Saudi Arabia, non-oil revenues in the second quarter of 2025 rose sharply by 7 percent, reaching SR149.861 billion ($39.9 […]

July 23, 2025
International
World

Saudi Arabia’s Vision 2030: Five years left, how much progress has been made and will it succeed? | World News

Saudi Arabia is reshaping its future with Vision 2030, a plan built on people, progress, and purpose/ Image: File TL;DR Vision 2030 is Saudi Arabia’s national plan to reduce its dependence on oil and reshape its economy and society. It focuses on three core goals: a vibrant society, a thriving economy, and an ambitious government. […]