Saudi Defense Spending   Saudi Arabia ranks as the world’s fifth largest sovereign spender on military & defense, according to the Stockholm International Peace Research Institute (SIPRI).   The government...

The U.S. and Saudi Arabia exchanged SAR75.6 billion ($20.2 billion) in goods during 2020. The U.S. remained the second largest source of goods imported by Saudi Arabia while Saudi Arabia...

Home ownership in Saudi Arabia, one of the key initiatives of Vision 2030, saw record growth during 2020 amid the COVID-19 pandemic. Driven by the growth of a large young...

2020 Performance: The budgeted deficit for 2020 is estimated to reach SAR298 ($79.5 billion) or 12 percent of GDP compared to SAR133 billion ($35.5 billion) or 4.5 percent of GDP...

Saudi Arabia is quickly becoming a leader in the growth of the global sukuk market as the government has pivoted to deficit spending to fund its expenditures and flagship Vision...

Saudi Arabia’s strategic geographic location at the intersection of Europe, Asia, and Africa positions itself to become a leading global logistics hub by promoting the ease of movement of people...