Saudi 2022 Budget Review
KEY FINDINGS INCLUDE: 2021 Performance: The deficit for 2021 is estimated to reach SAR85 ($23 billion), or 2.7 percent of...
Highlights the latest economic developments in Saudi Arabia with macroeconomic and sector-specific briefs based on current market trends in the Kingdom.
Saudi FDI 2021 Update – October 2021
Saudi Arabia’s foreign direct investment (FDI) inflows are set to hit the highest level in a decade this year amid...
Leisure & Entertainment – September 2021
The Saudi leisure & entertainment sector is witnessing large-scale investments borne by the Kingdom’s diversification strategy aimed at raising domestic...
Mid-Year Macroeconomic Update – August 2021
Following a tumultuous year for oil markets and international travel, Saudi Arabia’s economy returned to a growth footing in Q2...
Healthcare Market Update – July 2021
Saudi Arabia’s healthcare sector accounts for SAR187.6 billion ($50 billion) in annual economic activity and has risen steadily from 3.7...
Tourism Update – June 2021
Global tourism GDP declined 49 percent in 2020 due to unprecedented lockdowns and travel restrictions. Saudi Arabia’s tourism economy declined...
Privatization Update – May 2021
Privatization Strategy Saudi Arabia’s National Center for Privatization (NCP) recently released a four-year plan outlining major asset sales and public-private...
Sports Sector Update – April 2021
Sector Background The global sports market is expected to grow from an estimated SAR2 trillion ($530 billion) in 2020 to...
Defense Sector Update – March 2021
Saudi Defense Spending Saudi Arabia ranks as the world’s fifth largest sovereign spender on military & defense, according to...
U.S.-Saudi 2020 Trade Review – February 2021
The U.S. and Saudi Arabia exchanged SAR75.6 billion ($20.2 billion) in goods during 2020. The U.S. remained the second largest...