Saudipedia - Economy and Business

Yes, the Kingdom of Saudi Arabia supports the green economy, which is fundamentally based on knowledge of environmental economics aimed at addressing the interrelationship between human economies and the natural ecosyst...

Yes, the Kingdom of Saudi Arabia issues green bonds. On October 6, 2022, the Public Investment Fund launched its first international green bonds as a part of its debt issuance program. The total issuance amounted to USD...

The Council of Economic and Development Affairs was established on January 29, 2015, under the Royal Order No. A/69. The council is chaired by the Crown Prince and the Prime Minister, His Royal Highness Prince Mohammed ...

The Saudi Green Initiative is an ambitious national initiative launched by the Kingdom of Saudi Arabia aimed at combating climate change, enhancing the quality of life, and protecting the planet for future generations. ...

Yes, Manga Productions Company, a subsidiary of the Mohammed Bin Salman Foundation 'MISK', specializes in creative content production, including video game development. Through its collaboration with 'Tel...

Yes, the Kingdom of Saudi Arabia produces blue ammonia. In September 2020, Saudi Aramco and the Institute of Energy Economics in Japan, in partnership with SABIC, produced and exported the first shipment of blue ammonia...

The beneficiaries of the Saudi EXIM Bank include three categories: local exporters, international buyers, and financial institutions. The bank aims to enhance the diversification and development of Saudi exports and inc...

Yes, the Kingdom of Saudi Arabia supports foreign investment and has allocated a ministry concerned with investment. One of its key roles is to enable investors to access investment opportunities and provide them with f...

The Manifa Field is located in a shallow marine area with depths ranging from one to fifteen m in the waters of the Arabian Gulf, north of al-Jubayl, Kingdom of Saudi Arabia. The Manifa Field was discovered in 1957. To ...

Upon completion of The Line City in the Kingdom of Saudi Arabia, accessing it will require the use of 'The Spine' train, a high-speed metro system designated for passenger and freight transport. It relies on a...

The Line is located in NEOM , northwest of the Kingdom of Saudi Arabia. It is a project to build a city with a new concept of sustainable urban development and has several advantages, including: It overlooks approximate...

The name NEOM  was derived from the Greek word NEO, which means new. The letter M is from the word Mostaqbal, an Arabic word that means future, as well as the first letter of the name of the project founder, Crown Prin...