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Saudi Arabia has made headlines with a remarkable travel balance surplus of 50 million, highlighting its burgeoning tourism sector and signaling significant progress towards the economic goals outlined in Vision 2030. This surplus is not merely a financial achievement, but also a strong indication of the kingdom’s growing status as an international travel destination. This...
Saudi Arabia has reported a remarkable travel surplus of SR49.8 billion (approximately $13.28 billion) for the year 2024, marking its highest-ever annual surplus. This data, released by the Saudi Central Bank, reveals that the surplus surpassed the previous record of SR46 billion recorded in 2023, reflecting a year-on-year growth of around 8.3%. As Zawya reported,...