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Non-Oil GDP Share: 55% 2025 real GDP |Saudi Unemployment: 7.2% Q4 2025 |PIF AUM: $1.21T 2025 actual |FDI Share of GDP: 2.8% Q1 2026 |Female Participation: 33.9% Q1 2026 |Credit Rating: Aa3/A+/A+ Moody's/Fitch/S&P |GDP Growth: 4.5% 2025 actual |Umrah Pilgrims: 18M+ 2025 foreign |Non-Oil GDP Share: 55% 2025 real GDP |Saudi Unemployment: 7.2% Q4 2025 |PIF AUM: $1.21T 2025 actual |FDI Share of GDP: 2.8% Q1 2026 |Female Participation: 33.9% Q1 2026 |Credit Rating: Aa3/A+/A+ Moody's/Fitch/S&P |GDP Growth: 4.5% 2025 actual |Umrah Pilgrims: 18M+ 2025 foreign |

Local-Content

Aramco’s $3.7 Billion French Package Contains Two Procurement Agreements and One Exploratory MoU

The headline is potential combined value, not investment. The disclosed package covers drilling equipment, oil-country tubular goods and a digital-twin framework.

Updated Sep 1, 2026

SAR63 Billion of Saudi Tenders Faced Local-Content Rules — Not SAR63 Billion of Local Spend

About 8,600 Saudi government tenders worth SAR63 billion were subject to local-content mechanisms in Q2 2026. The award and delivery outcomes remain unpublished.

Updated Sep 1, 2026

Saudi Arabia’s New Procurement Law Raises Direct Purchase to SAR1 Million

Saudi Arabia’s 2026 government procurement law trades faster approvals and wider discretion for new documentation, payment and local-content controls.

Updated Sep 1, 2026

The Consultants Who Built Vision 2030 Are Being Cut Loose

Saudi Arabia paid McKinsey at least $500m a year for a decade. In 2026 it froze payments, halted new awards and wrote a 30 per cent local-content floor into consulting tenders. The firm-by-firm ledger of what is documented and what the consultancies' own filings decline to say.

Updated Jul 31, 2026

Saudi procurement and supplier access: PIF AZM, Etimad, tenders, and localization

Strategic brief on Saudi procurement, PIF supplier access, Etimad tenders, local content, Saudization, and official-channel verification.

Updated May 26, 2026

IKTVA: In-Kingdom Total Value Add Programme

Complete guide to Saudi Aramco's IKTVA local content programme covering targets, supplier development, industrial impact, and Vision 2030 alignment.

Updated Apr 18, 2026

Saudi Aramco IKTVA Programme

Overview of Aramco's In-Kingdom Total Value Add (IKTVA) programme, local content targets, supply chain development, and implications for contractors and investors.

Updated May 6, 2026

What Is IKTVA?

Guide to IKTVA (In-Kingdom Total Value Add), Saudi Aramco's local content programme requiring suppliers to increase domestic value creation.

Updated Apr 18, 2026