Saudi Arabia reports record non-oil exports of $137 billion in 2024

Saudi Arabia expects PIF to triple by 2030

The NewsSaudi Arabia expects its sovereign wealth fund to reach $2.67 trillion in assets by 2030, up $800 billion from its previous forecast, which the kingdom attributes to the fund’s “growing strategic importance and financial strength.” The Public Investment Fund, which has 40% of its portfolio invested in Saudi companies including giga-projects like NEOM and Diriyah, helped create 1.1 million jobs so far — up from just 77,700 in 2021, accord…

Saudi Arabia’s Non-Oil Exports Hit Record $137 Billion in 2024 - The Media Line

Saudi Arabia’s non-oil exports reached an unprecedented 515 […] The post Saudi Arabia’s Non-Oil Exports Hit Record $137 Billion in 2024 appeared first on The Media Line.

Saudi Arabia’s non-oil exports reach record $137bn in 2024

Saudi Arabia’s non-oil exports rose to an all-time high of 515 billion riyals ($137.29 billion) in 2024, the Saudi Press Agency (SPA) reported, as the kingdom pressed ahead with its economic diversification plans. The world’s largest oil exporter is pursuing Vision 2030, an economic strategy designed to reduce reliance on hydrocarbons and expand sectors including tourism, sports, and manufacturing. Non-oil exports increased by 13% compared to 20…

Saudi Arabia's non-oil exports hit record high in 2024

RIYADH, April 26 (Xinhua) -- Saudi Arabia's non-oil exports soared to an unprecedented 515 billion Saudi Riyals (137.33 billion U.S. dollars) in 2024, marking a 13 percent increase from 2023, the Saudi Press Agency reported on Saturday. Read full story

Saudi Arabia Reports Record Non-Oil Exports of $137 Billion in 2024

Saudi Arabia reports record non-oil exports of $137 billion in 2024

Saudi Arabia's non-oil exports reached an all-time high of 515 billion riyals ($137.29 billion) in 2024, the state news agency said on Saturday, as the kingdom continues its push to diversify its economy away from oil dependence.