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Non-oil economy is getting the bulk of Saudi’s capex investments -Goldman Sachs
Clean energy is set to receive USD 235 bn in capex during the next six years
Vision 2030 might cost Saudi USD 1.3 tn — just for construction
The Kingdom is also looking for USD 3 tn in investments
Banks set to be among key funders of Vision 2030, says S&P Global
Mortgages have been leading lending growth, with corporate debt lagging behind
Here’s what you need to know about day one of the World Economic Forum’s special meeting in Riyadh
Plus: Saudi pledges USD 500 mn to Bill and Melinda Gates Foundation’s drive ton eradicate polio
Blinken and our tech ambitions are driving the conversation on Saudi this morning
Plus: Bloomberg is back with another Vision 2030 piece, this time on Riyadh
S&P affirms Kingdom’s A/A-1 rating with stable outlook
A growing non-oil sector investment and solid growth in consumption will help keep overall GDP growth at 3.3% on average…
Zamil unit lands SAR 575 mn contract to build defense systems complex
The Kingdom aims to localize 50% of its defense production by 2030
Some projects could miss 2030 deadline as gov’t aims to balance inflation, import bill, and domestic debt market
Some projects will be delayed to 2033, while others will be extended to 2035 and beyond
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