Saudi Arabia Reports Significant Investment And Diplomatic Achievements In September 2024

Saudi Arabia's recent strategic efforts have led to notable achievements in various sectors, showcasing the Kingdom's ongoing transformation. These accomplishments are evident through several key metrics that highlight economic growth, diplomatic engagement, and technological advancements. The data reflects a strong trajectory towards achieving Vision 2030 goals.

The Kingdom saw a significant rise in foreign direct investment (FDI) in 2024, reaching SAR119.2 billion. This represents a 24.2% increase from the previous year, indicating robust investor confidence. Additionally, the National Debt Management Center successfully raised $5.5 billion through an international sukuk issuance, which was oversubscribed by 3.5 times.

In terms of trade, Saudi Arabia and the UK achieved bilateral trade valued at £16 billion in 2024. Both nations have set an ambitious target to increase this figure to £30 billion by 2030. Furthermore, Saudi Arabia granted Syria 1.65 million barrels of crude oil to bolster its energy sector and economic development.

The domestic money supply in Saudi Arabia reached SAR3.109 trillion by July 2025, marking an 8.4% increase compared to the previous year. This growth in liquidity underscores the Kingdom's expanding economy and financial stability.

The Saudi Summer program attracted a record number of tourists, with 32 million domestic and international visitors participating—a 26% rise from the previous year. Tourists spent SAR53.2 billion during this period, reflecting a 15% increase over 2024.

In social development, King Faisal Specialist Hospital and Research Centre achieved a 20% cost reduction for CAR-T gene therapy through new in-house manufacturing capabilities. This advancement makes life-saving treatments more accessible to patients.

Security and Conservation Efforts

A major security operation led to the seizure of over 14.85 million amphetamine pills, thanks to intelligence sharing with Lebanese authorities that disrupted a significant smuggling network.

Conservation efforts were highlighted by two endangered Eurasian griffon vultures tagged by the Prince Mohammed bin Salman Royal Reserve traveling an impressive distance of 245,632 km across eight countries, providing valuable data for global conservation initiatives.

Healthcare and Labour Compliance

A survey conducted by GASTAT in 2024 revealed that 95% of workers in Saudi Arabia have access to basic healthcare services at their workplaces. Additionally, over 117,000 private sector establishments are using the Ministry of Human Resources and Social Development's Self Assessment Platform to enhance compliance with labour laws.

An agreement was signed to export 1,200 tons of premium dates to Germany by a charitable endowment supporting orphans in Madinah. Moreover, more than one million pilgrims have benefited from a new two-minute "ritual completion" service at the Grand Mosque since its introduction.

These achievements illustrate Saudi Arabia's progress across various domains, highlighting increased foreign investment and active participation in global affairs while focusing on technological innovation and social development as part of its Vision 2030 objectives.

With inputs from SPA