Non-Oil GDP Share: 76% ▲ -7.7pp vs 2020 | Saudi Unemployment: 3.5% ▲ -0.5pp vs 2023 | PIF AUM: $941.3B ▲ +$345B vs 2022 | Inbound FDI: $21.3B ▼ -6.4% vs 2023 | Female Participation: 33% ▲ -1.1pp vs 2023 | Credit Rating: Aa3/A+ ▲ Moody's / Fitch | GDP Growth: 2.0% ▲ +1.5pp vs 2023 | Umrah Pilgrims: 16.92M ▲ vs 11.3M target | Non-Oil GDP Share: 76% ▲ -7.7pp vs 2020 | Saudi Unemployment: 3.5% ▲ -0.5pp vs 2023 | PIF AUM: $941.3B ▲ +$345B vs 2022 | Inbound FDI: $21.3B ▼ -6.4% vs 2023 | Female Participation: 33% ▲ -1.1pp vs 2023 | Credit Rating: Aa3/A+ ▲ Moody's / Fitch | GDP Growth: 2.0% ▲ +1.5pp vs 2023 | Umrah Pilgrims: 16.92M ▲ vs 11.3M target |

Defence

Defence Partnerships: Arms Procurement, Alliance Diversification, and Military Industrialisation

Saudi Arabia's defence partnerships with the US, UK, France, arms procurement strategy, and military industrialisation under Vision 2030.

Feb 22, 2026

Defence Sector Across the GCC: Military Industry Benchmark

Benchmarking defence industries across GCC states comparing military spending, localisation, and manufacturing.

Feb 22, 2026

Gap Alert: Defence Spending Localisation 50% Target

Tracking Saudi Arabia's progress toward 50% defence spending localisation with SAMI and GAMI capacity analysis.

Feb 22, 2026

How to Invest in Defence in Saudi Arabia

Guide to investing in Saudi Arabia's defence sector, covering localisation targets, GAMI regulations, and military industry partnerships.

Feb 22, 2026

Investing in Saudi Defence

Investment guide to Saudi defence — 50% localisation target, SAMI ecosystem, defence industrial zones, and offset programmes under Vision 2030.

Feb 22, 2026

SAMI (Saudi Arabian Military Industries)

Saudi Arabia's national defence and security manufacturing company, established to localize 50% of military spending by 2030.

Feb 22, 2026

Saudi-US Relations: Recalibrating the Strategic Partnership

Analysis of the Saudi-US strategic partnership — defence cooperation, energy tensions, OPEC dynamics, and the evolving security compact.

Feb 22, 2026