Within 3 months… a 15% increase in foreign direct investment within Saudi Arabia
Shahd The Saudi economy grew by 5% on an annual basis in the third quarter of this year, supported by the growth of Inflation rate during the month of October stood at (2.2%), after slowing from (2.3%) last August, which reflects the government’s continued efforts to control prices amid fluctuations in global markets.
Foreign direct investment
In another matter, foreign direct investment within the Kingdom increased by (15%) during the second quarter of this year, despite the escalation of global geopolitical tensions.
The results of the state’s general budget during the third quarter of the current year 2025 confirm that the government will continue to complete The process of reforms implemented on the economic and financial sides in light of Saudi Vision (2030) and achieving financial sustainability in the medium and long term, which enhances the strength and strength of the Kingdom’s economy in the face of global economic challenges and developments.
The structural and financial reforms contributed to enhancing the Kingdom’s ability to confront the challenges witnessed by the global economy; Especially in non-oil activities and their role in mitigating the impact of the decline in oil prices and their impact on public finances, thanks to the diversification of sources of income, in addition to developing the business environment to enhance the role of the private sector and stimulate local and foreign investment.
Non-oil revenues
In the same context, non-oil revenues recorded until the end of the third quarter of the year 2025 AD about (383) billion riyals, an increase of (3%) compared to the collection during the similar period of the previous year.
These positive results reflect The efforts made in light of Saudi Vision (2030) to implement initiatives and structural reforms aimed at diversifying sources of income.
The spending directed at the education, health and social development sectors demonstrates the leadership’s keenness – may God support it – on the citizen, and its interest in meeting his basic needs.
Achieving financial sustainability
The Kingdom continues its financial policy aimed at maintaining its financial position and achieving financial sustainability by maintaining significant government reserves, which reached the end of the third quarter of the year The current rate is about (398) billion riyals.
The professional accreditation program aims to raise the efficiency of expatriate workers and enhance productivity through verification and recognition of skills in the labor market.
The vocational examination service for medium- and basic-skilled professions covers (220) professions and (17) labor-exporting countries, constituting (90%) of the workforce, and has processed (750) thousand applications through the application of practical and theoretical labor tests in more than (150) centers. Inside and outside the Kingdom.
While the professional verification service for highly skilled professions covers (100%) of the labor-exporting countries (160) countries and (1007) professions, and the service achieved processing (80) thousand requests and implementing requests electronically at a rate of (4) working days.
Saudipedia Initiative
The Saudipedia initiative falls within the initiatives of the Human Capacity Development Program, one of the Saudi Vision (2030) programmes, which publishes thousands of articles every year. Concerning the affairs of the Kingdom, in addition to a group of multimedia in several languages concerned with documenting local affairs in written, visual and audio formats.
The emergence of SaudiPedia has grown, and the reliance of artificial intelligence applications on it has increased in providing information to users and citing its content in all languages.
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