Telecom & Technology

Ten billion and a December date

September 2, 2026

AWS is investing $10.3 billion in Saudi Arabia, including $5.3 billion (SAR 19.9 billion) in a cloud region with 3 independent availability zones launching in December 2026, and more than $5 billion in an AI zone with HUMAIN targeting 50 megawatts by 2028 and deploying up to 150,000 AI accelerators. AWS projects $191 billion of economic value from cloud services by 2033, will train 100,000 Saudi nationals including a free programme for 10,000 women, and is integrating curriculum at 11 Saudi universities.

Al Eqtisadiah

This commitment applies to both general cloud services and AI. If you manage enterprise IT, plan your regular migration for the December launch instead of waiting for an AI project to justify the move.

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Abdulrahman Al Mottahar
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Partner

Explore more signals

Real Estate
September 17, 2026
Eighty percent on the register

The Real Estate Registry is targeting coverage of 80% of Saudi properties by 2028, its official spokesman told Al Eqtisadiah, and from 22 September 2026 property transactions in the Hail region and nine cities and governorates in the Eastern Province — among them Dammam, Khobar, Dhahran and Qatif — must be executed through the registry, covering transfers of ownership, subdivision, consolidation, mortgages and the management of rights and restrictions.

Al Eqtisadiah

Registry coverage is increasingly required for a valid transfer. Developers with land in these cities should confirm registration status as soon as possible, not just at closing.

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Osamah Alfadda
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CEO
Tourism & Sports
August 10, 2026
Saudi carries half of Gulf tourism

Saudi Arabia's travel and tourism sector contributed $178 billion to the economy in 2025, 46% of the entire Middle East's travel and tourism economy, growing 7.4%, nearly double the global rate of 4.1%, with international visitor spending up 8.2% against a 3.2% global rate.

Okaz

Nearly half of the entire region's tourism economy now lies in Saudi Arabia, growing at twice the global rate, a shift large enough that the map of Middle Eastern travel needs to be redrawn before the guidebooks catch up.

Abdullah Alkherb
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Senior Partner
Government & Public Sector
October 21, 2026
7.9%, top of the G20

The Ministry of Investment said Saudi Arabia leads 2027 growth forecasts among G20 countries at 7.9%, based on IMF data for October 2026, ahead of India at 7.0%, Indonesia at 5.1% and China at 4.0%. In the same IMF ranking, the US is forecast at 2.3% and the UK at 1.2%.

Argaam

Leading the G20 at 7.9% strengthens the case for patient capital, so investor-relations heads at Saudi listed companies should anchor their 2027 story to the IMF figure rather than to this month's share prices.

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Abdulrahman Al Mottahar
|
Partner

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