
ECONOMY
Employment rate remains on an upward trajectory, despite challenging market conditions, as the kingdom’s real GDP expands.
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Employment rate remains on an upward trajectory, despite challenging market conditions, as the kingdom’s real GDP expands.
Find out moreThe project will source 100% of its electricity from clean energy and aims to support high-density computing workloads amid skyrocketing demand for data.
Find out moreAn escalation of trade restrictive measures could heighten risk of disrupting worldwide supply chains and stifling exports and imports.
Find out moreLocalising the value chain and talent pool will be integral to the country’s goal of fostering innovation and stimulating production in the industry.
Find out moreIN THIS EDITION
Six Saudi cities were recognised in the IMD World Smart City Index 2025, reflecting the kingdom's commitment to digital transformation and sustainable urban development under Vision 2030.
Riyadh was the top Saudi performer, ranked 27th globally among 146 global cities. The Saudi capital has implemented advanced digital infrastructure, smart mobility solutions, and AI-driven public services, enhancing the quality of life for its residents, according to the International Institute for Management Development, which conducts the survey. Riyadh was the Middle East’s third smartest city in the index after Dubai and Abu Dhabi.
Makkah was ranked 39th globally (up 13 places), on the back of its integrated smart technologies to manage the influx of Muslim pilgrims, including crowd management systems and real-time data analytics to ensure safety and efficiency during religious events.
At 47th place (up eight places), Jeddah has focused on smart transportation networks, digital governance, and environmental sustainability initiatives, aiming to improve urban living standards.
Meanwhile, Madinah was ranked 85th, as it embraced smart city concepts by enhancing digital services, promoting green spaces, and utilising technology to preserve its historical heritage.
Ranked 61st (38 places higher compared to the previous rankings), Al Khobar has developed smart infrastructure projects, focusing on energy efficiency, intelligent traffic systems, and digital public services to foster a connected urban environment.
Making its debut in the index, AlUla is transforming into a smart heritage and tourism hub, with its ranking at 112. The city employs AI and digital tools to preserve archaeological sites and enhance visitor experiences, aligning with Saudi Arabia's vision to blend tradition with innovation.
IMD’s recognition underscores Saudi Arabia's strategic efforts to position its cities as leaders in smart urban development, integrating technology to improve liveability, sustainability, and economic growth.
Zurich (Switzerland), Oslo (Norway), and Geneva (Switzerland) were ranked as the world’s top three smart cities by IMD.
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Saudi Awwal Bank, a listed joint stock company, incorporated in the Kingdom of Saudi Arabia, with paid in capital of SAR 20,547,945,220, commercial registration certificate 1010025779, unified number 7000018668, Mailing Address: P.O. Box 9084, Riyadh 11413. National Address: 7383 King Fahad Branch Rd, 2338 Al Yasmeen Dist., 13325 Riyadh, Kingdom of Saudi Arabia, Tel. +966 11 4050677, www.sab.com, licensed pursuant to the Council of Ministers Resolution No. 198 dated 06/02/1398H and Royal Decree No. M/4 dated 12/08/1398H, and regulated and supervised by the Saudi Central Bank.