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data-ga-category="WEB Saudi Arabia HomePage" class="section_list" id="pageContent"><h1 style="position:relative;border-bottom:2px solid #e6e6e6;margin-bottom:5px;padding-bottom:5px;" class="h1">Saudi Arabia</h1> <div data-ga-action="click" class="tabdata"><div class="eachStory"><span data-ga-onclick="1 - href" href="/news/international/saudi-arabia/saudi-arabia-spearheads-arab-scramble-for-alternative-to-trumps-gaza-plan/articleshow/118242342.cms"><span class="imgContainer"><img height="120" width="160" loading="lazy" src="https://img.etimg.com/thumb/msid-118242342,width-160,height-120,imgsize-4616/saudi-arabia-spearheads-arab-scramble-for-alternative-to-trumps-gaza-plan.jpg" alt="Saudi Arabia spearheads Arab scramble for alternative to Trump's Gaza plan"></span></span><h3><a data-ga-onclick="1 - href" data-orefid="p78613959_1" alt="saudi-arabia-spearheads-arab-scramble-for-alternative-to-trumps-gaza-plan" href="/news/international/saudi-arabia/saudi-arabia-spearheads-arab-scramble-for-alternative-to-trumps-gaza-plan/articleshow/118242342.cms" itemprop="url"><meta content="Saudi Arabia spearheads Arab scramble for alternative to Trump's Gaza plan" itemprop="name">Saudi Arabia spearheads Arab scramble for alternative to Trump's Gaza plan</a></h3><time class="date-format" data-time="Feb 14, 2025, 02:34 PM IST">Feb 14, 2025, 02:34 PM IST</time><p class="wrapLines l5">Saudi Arabia, Egypt, Jordan, and the UAE are developing a counter-plan to Trump's proposal to clear out Palestinians from Gaza. The new plan involves a National Palestinian Committee to govern Gaza without Hamas and international participation in reconstruction. This plan aims to move towards a two-state solution, with Riyadh taking a leading role.</p></div><div class="eachStory"><span data-ga-onclick="2 - href" href="/news/international/saudi-arabia/saudi-is-the-best-why-are-tiktok-mumfluencers-lauding-desert-megacity/articleshow/118164892.cms"><span class="imgContainer"><img height="120" width="160" loading="lazy" src="https://img.etimg.com/thumb/msid-118164892,width-160,height-120,imgsize-1666518/saudi-is-the-best-why-are-tiktok-mumfluencers-lauding-desert-megacity.jpg" alt="'Saudi is the best!': Why are TikTok mumfluencers lauding desert megacity?"></span></span><h3><a data-ga-onclick="2 - href" data-orefid="p78613959_2" alt="saudi-is-the-best-why-are-tiktok-mumfluencers-lauding-desert-megacity" href="/news/international/saudi-arabia/saudi-is-the-best-why-are-tiktok-mumfluencers-lauding-desert-megacity/articleshow/118164892.cms" itemprop="url"><meta content="'Saudi is the best!': Why are TikTok mumfluencers lauding desert megacity?" itemprop="name">'Saudi is the best!': Why are TikTok mumfluencers lauding desert megacity?</a></h3><time class="date-format" data-time="Feb 12, 2025, 11:07 AM IST">Feb 12, 2025, 11:07 AM IST</time><p class="wrapLines l5">Expat mumfluencers on TikTok praise Saudi Arabia and the NEOM megacity, showcasing idealistic lifestyles despite rights violation concerns. NEOM's ambitious population goals have been lowered, with influencers propagating positive messages as part of the kingdom's smart PR strategy, amidst ongoing human rights issues.</p></div><div class="eachStory"><span data-ga-onclick="3 - href" href="/news/international/saudi-arabia/new-rules-for-2025-hajj-no-children-allowed-preference-for-first-time-pilgrims/articleshow/118138478.cms"><span class="imgContainer"><img height="120" width="160" loading="lazy" src="https://img.etimg.com/thumb/msid-118138478,width-160,height-120,imgsize-2595107/new-rules-for-2025-hajj-no-children-allowed-preference-for-first-time-pilgrims.jpg" alt="New rules for 2025 Hajj: No children allowed, preference for first-time pilgrims"></span></span><h3><a data-ga-onclick="3 - href" data-orefid="p78613959_3" alt="new-rules-for-2025-hajj-no-children-allowed-preference-for-first-time-pilgrims" href="/news/international/saudi-arabia/new-rules-for-2025-hajj-no-children-allowed-preference-for-first-time-pilgrims/articleshow/118138478.cms" itemprop="url"><meta content="New rules for 2025 Hajj: No children allowed, preference for first-time pilgrims" itemprop="name">New rules for 2025 Hajj: No children allowed, preference for first-time pilgrims</a></h3><time class="date-format" data-time="Feb 11, 2025, 12:40 PM IST">Feb 11, 2025, 12:40 PM IST</time><p class="wrapLines l5">Saudi Arabia has introduced new Hajj regulations for the 2025 pilgrimage, including a ban on children to avoid overcrowding risks. First-time pilgrims will receive priority, and installment-based payments are available for domestic pilgrims. Single-entry visas will be issued starting February 1, 2025, to prevent unauthorized pilgrimages. These measures aim to enhance safety and manageability for all pilgrims.</p></div><div class="eachStory"><span data-ga-onclick="4 - href" href="/news/international/saudi-arabia/saudis-63-billion-city-of-earth-giga-project-attracts-indian-giants-including-tata-oberoi-groups/articleshow/118087973.cms"><span class="imgContainer"><img height="120" width="160" loading="lazy" src="https://img.etimg.com/thumb/msid-118087973,width-160,height-120,imgsize-125818/saudis-63-billion-city-of-earth-giga-project-attracts-indian-giants-including-tata-oberoi-groups.jpg" alt="Saudi’s $63 billion ‘City of Earth’ giga project attracts Indian giants including Tata & Oberoi groups"></span></span><h3><a data-ga-onclick="4 - href" data-orefid="p78613959_4" alt="saudis-63-billion-city-of-earth-giga-project-attracts-indian-giants-including-tata-oberoi-groups" href="/news/international/saudi-arabia/saudis-63-billion-city-of-earth-giga-project-attracts-indian-giants-including-tata-oberoi-groups/articleshow/118087973.cms" itemprop="url"><meta content="Saudi’s $63 billion ‘City of Earth’ giga project attracts Indian giants including Tata & Oberoi groups" itemprop="name">Saudi’s $63 billion ‘City of Earth’ giga project attracts Indian giants including Tata & Oberoi groups</a></h3><time class="date-format" data-time="Feb 9, 2025, 03:34 PM IST">Feb 9, 2025, 03:34 PM IST</time><p class="wrapLines l5">Indian firms are showing strong interest in investing in Saudi Arabia's USD 63 billion Diriyah project. Key participants include the Tata and Oberoi groups. Diriyah aims to enhance economic ties between India and Saudi Arabia, offering vast opportunities in sectors like hospitality, education, and healthcare, positioning it as a significant player in international urban development.</p></div><div class="clrwh"></div><div class="lazyWidget" data-url="/amazonsale_widget.cms?layout=mlti&secid=1715249553"></div><div class="clrwh"></div><div class="eachStory"><span data-ga-onclick="5 - href" href="/news/international/saudi-arabia/pakistan-signs-agreement-to-defer-usd-1-2bn-payment-for-saudi-oil/articleshow/117906421.cms"><span class="imgContainer"><img height="120" width="160" loading="lazy" src="https://img.etimg.com/thumb/msid-117906421,width-160,height-120,imgsize-12520/pakistan-signs-agreement-to-defer-usd-1-2bn-payment-for-saudi-oil.jpg" alt="Pakistan signs agreement to defer USD 1.2bn payment for Saudi oil"></span></span><h3><a data-ga-onclick="5 - href" data-orefid="p78613959_5" alt="pakistan-signs-agreement-to-defer-usd-1-2bn-payment-for-saudi-oil" href="/news/international/saudi-arabia/pakistan-signs-agreement-to-defer-usd-1-2bn-payment-for-saudi-oil/articleshow/117906421.cms" itemprop="url"><meta content="Pakistan signs agreement to defer USD 1.2bn payment for Saudi oil" itemprop="name">Pakistan signs agreement to defer USD 1.2bn payment for Saudi oil</a></h3><time class="date-format" data-time="Feb 4, 2025, 12:36 PM IST">Feb 4, 2025, 12:36 PM IST</time><p class="wrapLines l5">The Pakistan government has secured a one-year deferral on a USD 1.2 billion payment for oil imports from Saudi Arabia. This agreement is expected to help stabilize Pakistan's economy by ensuring a steady supply of petroleum while easing immediate financial pressures. Additionally, a USD 41 million water supply project was signed.</p></div><div class="clr"></div><div id="newsLetterMrec"><div data-loc="All" data-oop="0" data-size="[[300, 250]]" data-adsSlot="ET_ROS_NW/ET_ROS_AL_BTF_Cen_300" id="div-gpt-ad-newslettermrec-1" style="width:300px;"></div><div class="clr" id="newsLetterWidgetSection"></div></div><div class="clrwh"></div><div class="clrwh"></div><div class="eachStory"><span data-ga-onclick="6 - href" href="/news/international/saudi-arabia/saudi-arabia-opens-foreign-property-investments-in-holy-cities-makkah-and-madinah/articleshow/117599213.cms"><span class="imgContainer"><img height="120" width="160" loading="lazy" src="https://img.etimg.com/thumb/msid-117599213,width-160,height-120,imgsize-2101439/saudi-arabia-opens-foreign-property-investments-in-holy-cities-makkah-and-madinah.jpg" alt="Saudi Arabia opens foreign property investments in holy cities Makkah and Madinah"></span></span><h3><a data-ga-onclick="6 - href" data-orefid="p78613959_6" alt="saudi-arabia-opens-foreign-property-investments-in-holy-cities-makkah-and-madinah" href="/news/international/saudi-arabia/saudi-arabia-opens-foreign-property-investments-in-holy-cities-makkah-and-madinah/articleshow/117599213.cms" itemprop="url"><meta content="Saudi Arabia opens foreign property investments in holy cities Makkah and Madinah" itemprop="name">Saudi Arabia opens foreign property investments in holy cities Makkah and Madinah</a></h3><time class="date-format" data-time="Jan 27, 2025, 02:04 PM IST">Jan 27, 2025, 02:04 PM IST</time><p class="wrapLines l5">Saudi Arabia is now allowing foreigners to invest in publicly-traded companies owning real estate in Makkah and Madinah, aiming to attract overseas investment. Foreign ownership is capped at 49%. The move aligns with Saudi's Vision 2030 goals to boost the capital market and accommodate 30 million worshippers annually by 2030.</p></div><div class="eachStory"><span data-ga-onclick="7 - href" href="/news/international/saudi-arabia/saudi-prince-promises-donals-trump-600-billion-trade-investment-boost/articleshow/117495930.cms"><span class="imgContainer"><img height="120" width="160" loading="lazy" src="https://img.etimg.com/thumb/msid-117495930,width-160,height-120,imgsize-81148/saudi-prince-promises-donald-trump-600-billion-trade-investment-boost.jpg" alt="Saudi Prince promises Donald Trump $600 billion trade, investment boost"></span></span><h3><a data-ga-onclick="7 - href" data-orefid="p78613959_7" alt="saudi-prince-promises-donald-trump-600-billion-trade-investment-boost" href="/news/international/saudi-arabia/saudi-prince-promises-donals-trump-600-billion-trade-investment-boost/articleshow/117495930.cms" itemprop="url"><meta content="Saudi Prince promises Donald Trump $600 billion trade, investment boost" itemprop="name">Saudi Prince promises Donald Trump $600 billion trade, investment boost</a></h3><time class="date-format" data-time="Jan 23, 2025, 11:40 PM IST">Jan 23, 2025, 11:40 PM IST</time><p class="wrapLines l5">The crown prince, known as MBS, spoke to the American president in a congratulatory phone call on Wednesday, SPA said. During the call, Prince Mohammed said the kingdom was eager to seize partnership and investment opportunities created by the new administration's anticipated reforms, which could achieve "unprecedented economic prosperity."</p></div><div class="eachStory"><span data-ga-onclick="8 - href" href="/news/international/saudi-arabia/saudi-arabia-plans-further-borrowing-spree-to-pay-for-huge-projects-as-it-looks-beyond-oil/articleshow/116994785.cms"><span class="imgContainer"><img height="120" width="160" loading="lazy" src="https://img.etimg.com/thumb/msid-116994785,width-160,height-120,imgsize-1448765/saudi-arabia-plans-further-borrowing-spree-to-pay-for-huge-projects-as-it-looks-beyond-oil.jpg" alt="Saudi Arabia plans further borrowing spree to pay for huge projects as it looks beyond oil"></span></span><h3><a data-ga-onclick="8 - href" data-orefid="p78613959_8" alt="saudi-arabia-plans-further-borrowing-spree-to-pay-for-huge-projects-as-it-looks-beyond-oil" href="/news/international/saudi-arabia/saudi-arabia-plans-further-borrowing-spree-to-pay-for-huge-projects-as-it-looks-beyond-oil/articleshow/116994785.cms" itemprop="url"><meta content="Saudi Arabia plans further borrowing spree to pay for huge projects as it looks beyond oil" itemprop="name">Saudi Arabia plans further borrowing spree to pay for huge projects as it looks beyond oil</a></h3><time class="date-format" data-time="Jan 7, 2025, 12:35 AM IST">Jan 7, 2025, 12:35 AM IST</time><p class="wrapLines l5">Saudi Arabia will maintain a similar pace of borrowing in 2025 to fund oil-diversification projects, with plans for a three-tranche dollar bond issuance. The kingdom's 2025 funding needs are estimated at 139 billion riyals. Saudi Arabia sold $17 billion of international bonds in 2024, mostly denominated in $.</p></div><div class="eachStory"><span data-ga-onclick="9 - href" href="/news/international/saudi-arabia/saudi-arabia-boosts-crude-oil-share-in-asia-at-russias-expense/articleshow/115887209.cms"><span class="imgContainer"><img height="120" width="160" loading="lazy" src="https://img.etimg.com/thumb/msid-115887209,width-160,height-120,imgsize-51298/saudi-arabia-boosts-crude-oil-share-in-asia-at-russias-expense.jpg" alt="Saudi Arabia boosts crude oil share in Asia at Russia's expense"></span></span><h3><a data-ga-onclick="9 - href" data-orefid="p78613959_9" alt="saudi-arabia-boosts-crude-oil-share-in-asia-at-russias-expense" href="/news/international/saudi-arabia/saudi-arabia-boosts-crude-oil-share-in-asia-at-russias-expense/articleshow/115887209.cms" itemprop="url"><meta content="Saudi Arabia boosts crude oil share in Asia at Russia's expense" itemprop="name">Saudi Arabia boosts crude oil share in Asia at Russia's expense</a></h3><time class="date-format" data-time="Dec 2, 2024, 11:08 AM IST">Dec 2, 2024, 11:08 AM IST</time><p class="wrapLines l5">In November, Saudi Arabia increased its market share of Asia's crude oil imports while Russia's imports declined. Saudi imports rose to 5.83 million bpd, while Russia's dropped to 3.51 million bpd. Despite a rise in Saudi Aramco's oil prices, Saudi crude remained more price competitive than Russia's Urals, partly due to higher transport costs for Russian crude.</p></div><div class="eachStory"><span data-ga-onclick="10 - href" href="/news/international/saudi-arabia/moodys-upgrades-saudi-arabias-rating-on-economic-diversification-efforts/articleshow/115587438.cms"><span class="imgContainer"><img height="120" width="160" loading="lazy" src="https://img.etimg.com/thumb/msid-115587438,width-160,height-120,imgsize-1677931/moodys-upgrades-saudi-arabias-rating-on-economic-diversification-efforts.jpg" alt="Moody's upgrades Saudi Arabia's rating on economic diversification efforts"></span></span><h3><a data-ga-onclick="10 - href" data-orefid="p78613959_10" alt="moodys-upgrades-saudi-arabias-rating-on-economic-diversification-efforts" href="/news/international/saudi-arabia/moodys-upgrades-saudi-arabias-rating-on-economic-diversification-efforts/articleshow/115587438.cms" itemprop="url"><meta content="Moody's upgrades Saudi Arabia's rating on economic diversification efforts" itemprop="name">Moody's upgrades Saudi Arabia's rating on economic diversification efforts</a></h3><time class="date-format" data-time="Nov 23, 2024, 09:21 AM IST">Nov 23, 2024, 09:21 AM IST</time><p class="wrapLines l5">Moody's has upgraded Saudi Arabia's credit rating to "Aa3", acknowledging the nation's progress in diversifying its oil-dependent economy. The upgrade reflects Saudi Arabia's commitment to its Vision 2030 plan, which aims to reduce reliance on oil by fostering growth in sectors like tourism and manufacturing.</p></div><div class="clr"></div><section class="clearfix sec-block articleListVideoSlide"><h3 xmlns:valurl="com.times.utilities.CMSWebUtility" class="m-heading3 red-before"><a> Must Watch </a></h3><div id="articleListSliderBox" class="sliderBox"><div class="contentwrapper1" id="videoSlideWrapper"><div class="prel"><div class="nextprev-btn slider_embd"><div data-ga-onclick="Previous -href" class="prev-btn arw_blk disable flt"><span class="alft"></span></div><div class="ts-dots flt"><ul></ul></div><div data-ga-onclick="Next -href" class="next-btn arw_blk ryt flt"><span class="aryt"></span></div></div></div><div class="overh"><div style="width:100%"><ul class="liData"><li class="withoutgroupList"><div data-pos="1" class="stry"><div class="img_div"><a target="_blank" data-ga-onclick="Multimedia Home#Web - Videos - News - 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href" href="/news/international/saudi-arabia/uk-pm-keir-starmer-to-visit-saudi-arabia-uae-to-boost-investments-source-says/articleshow/115478629.cms"><span class="imgContainer"><img height="120" width="160" loading="lazy" src="https://img.etimg.com/thumb/msid-115478629,width-160,height-120,imgsize-114404/uk-pm-keir-starmer-to-visit-saudi-arabia-uae-to-boost-investments-source-says.jpg" alt="UK PM Keir Starmer to visit Saudi Arabia, UAE to boost investments, source says"></span></span><h3><a data-ga-onclick="11 - href" data-orefid="p78613959_11" alt="uk-pm-keir-starmer-to-visit-saudi-arabia-uae-to-boost-investments-source-says" href="/news/international/saudi-arabia/uk-pm-keir-starmer-to-visit-saudi-arabia-uae-to-boost-investments-source-says/articleshow/115478629.cms">UK PM Keir Starmer to visit Saudi Arabia, UAE to boost investments, source says</a></h3><time class="date-format" data-time="Nov 20, 2024, 01:40 PM IST">Nov 20, 2024, 01:40 PM IST</time><p class="wrapLines l5">British Prime Minister Keir Starmer is slated to visit Saudi Arabia and the UAE next month to bolster ties and attract investment in energy projects. The trip will be Starmer's first to the Gulf since his election victory in July, signaling a potential strengthening of relationships.</p></div><div class="eachStory"><span data-ga-onclick="12 - href" href="/news/international/saudi-arabia/india-saudi-arabia-share-robust-solid-partnership-saudi-foreign-minister/articleshow/115251217.cms"><span class="imgContainer"><img height="120" width="160" loading="lazy" src="https://img.etimg.com/thumb/msid-115251217,width-160,height-120,imgsize-105718/india-saudi-arabia-share-robust-solid-partnership-saudi-foreign-minister.jpg" alt="India, Saudi Arabia share robust, solid partnership: Saudi Foreign Minister"></span></span><h3><a data-ga-onclick="12 - href" data-orefid="p78613959_12" alt="india-saudi-arabia-share-robust-solid-partnership-saudi-foreign-minister" href="/news/international/saudi-arabia/india-saudi-arabia-share-robust-solid-partnership-saudi-foreign-minister/articleshow/115251217.cms">India, Saudi Arabia share robust, solid partnership: Saudi Foreign Minister</a></h3><time class="date-format" data-time="Nov 13, 2024, 03:07 PM IST">Nov 13, 2024, 03:07 PM IST</time><p class="wrapLines l5">Indian External Affairs Minister S Jaishankar and his Saudi counterpart, Faisal bin Farhan Al Saud, convened in New Delhi for the second India-Saudi Arabia Strategic Partnership Council meeting. The leaders discussed strengthening bilateral ties, including defense, security, trade, and cultural exchanges. They also addressed regional and international issues, emphasizing cooperation in multilateral forums and the ongoing conflict in West Asia.</p></div><div class="eachStory"><span data-ga-onclick="13 - href" href="/news/international/saudi-arabia/saudi-arabias-q3-gdp-grows-by-estimated-2-8-y/y/articleshow/114811651.cms"><span class="imgContainer"><img height="120" width="160" loading="lazy" src="https://img.etimg.com/thumb/msid-114811651,width-160,height-120,imgsize-62820/saudi-arabias-q3-gdp-grows-by-estimated-2-8-y/y.jpg" alt="Saudi Arabia's Q3 GDP grows by estimated 2.8% y/y"></span></span><h3><a data-ga-onclick="13 - href" data-orefid="p78613959_13" alt="saudi-arabias-q3-gdp-grows-by-estimated-2-8-y/y" href="/news/international/saudi-arabia/saudi-arabias-q3-gdp-grows-by-estimated-2-8-y/y/articleshow/114811651.cms">Saudi Arabia's Q3 GDP grows by estimated 2.8% y/y</a></h3><time class="date-format" data-time="Oct 31, 2024, 02:05 PM IST">Oct 31, 2024, 02:05 PM IST</time><p class="wrapLines l5">Saudi Arabia's economy grew 2.8% in the third quarter year on year, driven by a 4.2% rise in non-oil activities. Despite a 0.3% growth in the oil sector, overall economic growth remains subdued due to lower oil prices and production. Efforts are ongoing to enhance non-oil GDP under Vision 2030 strategy.</p></div><div class="eachStory"><span data-ga-onclick="14 - href" href="/news/international/saudi-arabia/india-saudi-to-discuss-ways-to-increase-cooperation-in-energy-digital-infra-manufacturing/articleshow/114685636.cms"><span class="imgContainer"><img height="120" width="160" loading="lazy" src="https://img.etimg.com/thumb/msid-114685636,width-160,height-120,imgsize-72346/india-saudi-to-discuss-ways-to-increase-cooperation-in-energy-digital-infra-manufacturing.jpg" alt="India, Saudi to discuss ways to increase cooperation in energy, digital infra, manufacturing"></span></span><h3><a data-ga-onclick="14 - href" data-orefid="p78613959_14" alt="india-saudi-to-discuss-ways-to-increase-cooperation-in-energy-digital-infra-manufacturing" href="/news/international/saudi-arabia/india-saudi-to-discuss-ways-to-increase-cooperation-in-energy-digital-infra-manufacturing/articleshow/114685636.cms">India, Saudi to discuss ways to increase cooperation in energy, digital infra, manufacturing</a></h3><time class="date-format" data-time="Oct 28, 2024, 01:55 PM IST">Oct 28, 2024, 01:55 PM IST</time><p class="wrapLines l5">Minister Piyush Goyal will visit Riyadh to enhance cooperation with Saudi Arabia in renewable energy, digital infrastructure, and manufacturing. Goyal will attend the Future Investment Initiative and engage with investors. He will also hold bilateral meetings with key Saudi ministers and co-chair the Economy and Investment Committee meeting under the India-Saudi Strategic Partnership Council.</p><div class="stockDataWidget"><a target="_blank" href="https://economictimes.indiatimes.com/wipro-ltd/stocks/companyid-12799.cms" title="Wipro Share Price">Wipro Share Price </a><span class="stock_price"><i class="sdw_sprite stock_rupee"></i>308.10</span><span class="stock_change down"><i class="sdw_sprite stock_arrow"></i>-0.45 (-0.15%)</span></div></div><div class="eachStory"><span data-ga-onclick="15 - href" href="/news/international/saudi-arabia/the-executive-centre-tec-forays-in-saudi-arabia/articleshow/114505029.cms"><span class="imgContainer"><img height="120" width="160" loading="lazy" src="https://img.etimg.com/thumb/msid-114505029,width-160,height-120,imgsize-56368/the-executive-centre-tec-forays-in-saudi-arabia.jpg" alt="The Executive Centre (TEC) forays in Saudi Arabia"></span></span><h3><a data-ga-onclick="15 - href" data-orefid="p78613959_15" alt="the-executive-centre-tec-forays-in-saudi-arabia" href="/news/international/saudi-arabia/the-executive-centre-tec-forays-in-saudi-arabia/articleshow/114505029.cms">The Executive Centre (TEC) forays in Saudi Arabia</a></h3><time class="date-format" data-time="Oct 23, 2024, 04:20 PM IST">Oct 23, 2024, 04:20 PM IST</time><p class="wrapLines l5">The Executive Centre has opened its first office in Riyadh's King Abdullah Financial District with a $30 million investment. The new workspace covers 36,500 square feet. This expansion aligns with Saudi Arabia's Vision 2030 and aims to meet the demand for premium office spaces. It is part of TEC's strategy to grow its global presence.</p></div><div class="clrwh"></div><div class="eachStory"><span data-ga-onclick="16 - href" href="/news/international/saudi-arabia/unemployment-among-saudi-citizens-falls-to-7-1-in-q2/articleshow/113808459.cms"><span class="imgContainer"><img height="120" width="160" loading="lazy" src="https://img.etimg.com/thumb/msid-113808459,width-160,height-120,imgsize-19410/unemployment-among-saudi-citizens-falls-to-7-1-in-q2.jpg" alt="Unemployment among Saudi citizens falls to 7.1% in Q2"></span></span><h3><a data-ga-onclick="16 - href" data-orefid="p78613959_16" alt="unemployment-among-saudi-citizens-falls-to-7-1-in-q2" href="/news/international/saudi-arabia/unemployment-among-saudi-citizens-falls-to-7-1-in-q2/articleshow/113808459.cms">Unemployment among Saudi citizens falls to 7.1% in Q2</a></h3><time class="date-format" data-time="Sep 30, 2024, 01:31 PM IST">Sep 30, 2024, 01:31 PM IST</time><p class="wrapLines l5">Unemployment among Saudi citizens dropped to 7.1% in the second quarter, down from 7.6% in the previous quarter. The overall unemployment rate, including expatriates, fell to 3.3%. Vision 2030 aims to diversify the economy and create jobs, especially for the youth and women, whose participation has already surpassed targets.</p></div><div class="autoload_continue">Load More...</div><div class="clrwh"></div></div></section><aside class="flr" id="sideBar"><div style="min-height: 250px;" class="clearfix rmfp"><div class="adsbg300" data-oop="0" data-size="[[300, 250]]" data-adsSlot="ET_News/ET_News_InternationalBusiness/ET_ROS_ATF_NWS_IBZ_300" id="div-gpt-ad-1462968700653-40" data-loc="All"></div></div><div class="clr"></div><div class="clr"></div><section id="shareHorz"><div class="socialLinks"><a aria-label="facebook" class="fb lSprit shareSprite" href="javascript://" rel="nofollow" data-dimension="1" data-ga-onshare="Facebook#Share#https://economictimes.indiatimes.com/news/international/saudi-arabia/articlelist/78613959.cms#/news/international/saudi-arabia/articlelist/78613959.cms" data-src="https://ecoti.in/zeyE1a" data-share-url="https://ecoti.in/zeyE1a" 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