US EditionSaudi Arabia reports record non-oil exports of $137 billion in 2024
- Saudi Arabia actively pursues artificial intelligence development using open-source technology.
- This initiative supports the Vision 2030 plan to diversify the economy away from oil dependence.
- The country fosters AI startups, trains experts, and establishes research centers like the International Center for AI Research and Ethics.
- Bernard Ghanem noted much of KAUST's AI work is "open source by design."
- The nation establishes itself as a credible contributor to global AI and technology development.
15 Articles
15 Articles
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…
The Star Kuala Lumpur
XinhuaSaudi 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'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.
Five years to 2030: Saudi Arabia’s grand bet is paying off
When Saudi Arabia first announced Vision 2030 in 2016, many around the world underestimated the scale, seriousness and speed of what was to come. Today, with just five years remaining, it is increasingly clear that this transformation is not only real — it is unprecedented on a global scale. The story of Vision 2030 is not just about Saudi Arabia, it is about what is possible
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