Saudi Arabia's insurance market reached SR84 billion in 2025, up from SR42 billion in 2021, effectively doubling in four years. Health and motor insurance accounted for 89% of premium growth, with health insurance alone contributing to 68% of that increase. Growth is decelerating sharply: 26.9% in 2022, 22.7% in 2023, 16.3% in 2024, 10.7% in 2025.
The market doubled in four years while its growth rate halved twice, from 26.9% to 10.7%, as the sector moves from expansion into maturity, where the next phase competes on retention rather than acquisition.
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Riyadh climbs forty-seven places
Riyadh rose 47 places to rank 50th worldwide among 1,000 cities across 163 countries in Oxford Economics' 2026 Global Cities Index, after placing 118th in 2024 and 97th in 2025; the index scores cities on five pillars and 27 sub-indicators covering economics, human capital, quality of life, environment and governance.
Moving from 118th to 50th in two years reflects both strong performance and city improvement. Companies considering a regional headquarters should highlight this in their internal proposals, as boards typically accept such external rankings without question.
Riyadh's Startup Bench
More than 2,500 startups, roughly US$2.6 billion of venture capital into Riyadh since 2018, and four unicorns.
The takeaway: your next competitor — or your next acquisition — is younger than your strategy document. Corporates need a scouting lane, not a memo.
Fifty-seven studies, three eighty-four recommendations
The Riyadh Economic Forum has produced 57 scientific studies and issued 384 recommendations and initiatives over its 11 previous editions, alongside 157 seminars and workshops, 122 discussion panels and 20 published bulletins across roughly 25 years. The 12th edition runs 12–14 October 2026, organised by the Riyadh Chamber under the patronage of King Salman bin Abdulaziz, bringing together officials, decision-makers and economic experts from the Kingdom and the region.
Influence here comes from research rather than attendance, so a trade association preparing for the October edition should bring data instead of a delegation.
