23 Hrs
الاقتصادية
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الاقتصادية

2026-09-29T12:00:00.000Z

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Gulf Markets' Expansion Strategies

الاقتصاديةالاقتصاديةالاقتصادية
14 Hrs2026-09-29T20:47:00.000Z
Gulf Markets' Expansion Strategies

Arabic markets see 18% growth in nine months

الاقتصاديةالاقتصاديةالاقتصادية
14 Hrs2026-09-29T20:35:00.000Z
Arabic markets see 18% growth in nine months

US dollar rises in all conditions

الاقتصاديةالاقتصاديةالاقتصادية
15 Hrs2026-09-29T20:20:00.000Z
US dollar rises in all conditions

Stellantis production hit by battery shortages

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15 Hrs2026-09-29T19:52:00.000Z
Stellantis production hit by battery shortages

Anthropic to invest $518B in cloud infrastructure

الاقتصاديةالاقتصاديةالاقتصادية
16 Hrs2026-09-29T19:34:00.000Z
Anthropic to invest $518B in cloud infrastructure
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Saudi Travel Surplus in Seventh Quarter

Saudi Travel Surplus in Seventh Quarter

The Kingdom of Saudi Arabia achieved a significant increase in its travel balance surplus during the second quarter of 2026, reaching 8.8 billion riyals, reflecting a 62% rise compared to the same period last year. This increase was driven by higher spending by international tourists, whose expenditures amounted to approximately 33.8 billion riyals, compared to 25 billion riyals for outbound tourism. As a result, tourism revenues from abroad amounted to 135 riyals for every 100 riyals spent by Saudis when traveling. During this quarter, Saudi Arabia recorded tourism and service sector revenues rising to 59.5 billion riyals, with the travel sector accounting for 56.8% of this revenue, followed by transportation at 17.6%. Incoming tourism remains a primary source of income, as foreign visitors spent around 31.7 billion riyals on personal travel alone, representing 93.9% of total travel service exports. In 2025, Saudi Arabia welcomed 29.3 million tourists, most of whom traveled for non-religious reasons, and the sector achieved a travel balance surplus of 49.4 billion riyals. Additionally, Saudis spent approximately 25 billion riyals on their outbound trips during the second quarter of 2026, amid continued diversification of tourists’ destinations and activities, and notable growth in the tourism sector.

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