ECONOMY
Indicators point to an economy that has become increasingly resilient as recent reforms and transformational projects start to pay off.
Find out more
Have questions about SAB banking services? Let us help you with these frequently asked questions.
FAQSOur friendly Customer Support team are on hand to help with any queries you have. We're here to help!
Contact UsQuick Links
Indicators point to an economy that has become increasingly resilient as recent reforms and transformational projects start to pay off.
Find out more
From transforming visitors’ Hajj experience, to enhancing data centre capacity and healthcare delivery, the country is ready to thrive in the digital economy.
Find out more
The sector has consistently attracted investors and now represents a SAR 138-billion industry that is vital to the country’s economic diversification strategy.
Find out more
Latest data suggest companies generally expect economic activity in the country to remain stable or improve in the coming months.
Find out more
Regulatory reforms and funding schemes have unleashed the entrepreneurial spirit in the kingdom and encouraged innovation in the private sector.
Find out more
IN THIS EDITION
Saudi Arabia is expanding its logistics infrastructure by land, sea, and skies as part of broader eorts to strengthen supply chains, improve connectivity, and position itself as a regional logistics hub linking Asia, Europe, and Africa.
On land, Saudi Arabia Railways recently signed a contract to construct a new railway line connecting Dammam Second Industrial City to the national rail network. The 21-kilometre project will seek to better integrate industrial and logistics infrastructure, allowing manufacturers to access rail freight services and reduce reliance on road transport.
The project will connect more than 1,000 industrial facilities to ports, logistics centres, and industrial cities across the kingdom. In addition to improving supply chain efficiency, the rail link is expected to remove tens of thousands of truck movements from roads annually, supporting both congestion reduction and sustainability objectives. The project also advances a wider initiative involving Saudi Arabia Railways , the National Industrial Development and Logistics Program (NIDLP), and the Saudi Authority for Industrial Cities and Technology Zones (MODON) to strengthen links between industrial zones and national transport networks.
In the air transport sector, Saudi Arabia is expanding international connectivity through the launch of new routes by Riyadh Air. The carrier recently announced services to Cairo, Dubai, Jeddah, Madrid, and Manchester, supported by the arrival of additional Boeing 787-9 Dreamliner aircraft, part of its plans to connect Riyadh with more than 100 global destinations by 2030. The expansion is expected to also support business travel, tourism, and trade links between Saudi Arabia and major economic centres across the Middle East, Europe, and North Africa.
At sea, Saudi Arabia continues to enhance the role of its ports in global trade networks. The Saudi Ports Authority (Mawani) recently announced the addition of two new international shipping services at Jeddah Islamic Port, one of the kingdom’s most important maritime gateways.
The first, Emirates Shipping Line’s SRS service, will connect Jeddah with Mundra Port in India and the Port of Djibouti, supporting trade flows across the Red Sea corridor. Meanwhile, CMA CGM’s Ocean Rise Express (OCR) service will link Jeddah with major ports across Asia and Europe, with capacities of up to 10,000 twenty-foot equivalent units (TEUs).
You are about to leave this site. You are being redirected to an external site. Would you like to leave this site?