Salaam Gateway

Founded in October 2015, Salaam Gateway stands out as the top source for news and insights on the global Islamic economy. Our coverage spans various sectors, including Islamic finance, halal products, and Islamic lifestyle, focusing on important producer and consumer markets. We cater to professionals, business leaders, decision-makers, and policymakers navigating rapidly evolving socio-economic landscapes, providing them with trustworthy news, insights, data, and intelligence to guide their strategies. We welcome other publications to reference our original work and appreciate your acknowledgment. However, if you wish to republish any of our content, either partially or in full, please obtain our permission first. Feel free to contact us for editorial inquiries or to send us your press releases.

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Inbound visitors rise 8% in 2024 as Saudi bolsters tourism sector | Salaam Gateway - Global Islamic Economy Gateway

5 days ago | salaamgateway.com | Zainab Mansoor

Saudi Arabia welcomed 29.7 million inbound visitors in 2024, its highest ever and up 8% year-on-year, as the country continues to bolster its tourism sector as a key pillar to diversify its economy. Inbound tourists peaked in March last year, with 3.2 million people having visited the kingdom.
New PIF subsidiary to deliver Saudi’s first World Expo | Salaam Gateway - Global Islamic Economy Gateway

1 week ago | salaamgateway.com | Zainab Mansoor

Saudi Arabia’s Public Investment Fund has launched a new company to build and operate the Expo 2030 Riyadh, the kingdom’s first World Expo. The Expo 2030 Riyadh Company has been tasked to develop the Expo as a model for sustainable tourism, and preserve the event’s legacy, the fund said in a statement on Thursday. The Expo, located to the north of the capital city, is projected to attract more than 40 million visits.
Israel-Iran conflict may add up to $10 risk premium to oil prices

1 week ago | salaamgateway.com | Zainab Mansoor

The conflict between Iran and Israel could add a geopolitical risk premium of $5-$10 to oil prices, as the Middle East region’s security risk rises, global rating agency Fitch has said. “We expect the geopolitical risk premium in oil prices to be contained at around $5-$10. Material disruption to Iran’s production or export infrastructure would add more upward pressure to prices,” Fitch adds. Iran produced about 3.26 million barrels a day of crude oil in 2024, according to OPEC.
Muslims fastest-growing religious group over the last decade

2 weeks ago | salaamgateway.com | Zainab Mansoor

Muslims were the fastest-growing religious group between the years 2010 and 2020, outpacing all other religions combined, a study has revealed. The number of Muslims increased by 347 million, while their share of the world’s population rose 1.8 points, to 25.6%, according to a Pew Research Center report.
Saudi GDP grows 3.4% in Q1, outpacing flash estimates | Salaam Gateway - Global Islamic Economy Gateway

2 weeks ago | salaamgateway.com | Zainab Mansoor

Saudi Arabia’s economy grew more than expected in the first quarter of 2025, on non-oil and government activities, beating earlier government estimates. The kingdom’s first quarter gross domestic product (GDP) grew 3.4% year-on-year, beating flash estimates of 2.7% suggested by the country’s General Authority for Statistics in May. The growth was driven in part non-oil activities, which rose 4.9%, beating earlier estimates of 4.2%.
Saudi receives 1.67 million pilgrims for Hajj 2025

2 weeks ago | salaamgateway.com | Zainab Mansoor

More than 1.67 million Muslims performed the Hajj pilgrimage this year, shrinking 8.5% from last year. Pilgrims went from 1,833,164 in 2024 to 1,673,230 this year. External pilgrims, numbering 1,611,310, made up 87.9% of the total visitor pool last year, growing to 90% - totalling 1,506,576 pilgrims - in 2025, according to Saudi Arabia’s General Authority for Statistics (GASTAT). Pilgrims hailing from 171 nationalities offered the annual pilgrimage this year.
The untapped potential of Muslim-friendly adventure tourism

3 weeks ago | salaamgateway.com | Heba Hashem

Adventure tourism is fast emerging as a powerhouse in the global travel industry. Driven by a growing appetite for authentic, experiential journeys, the market is expected to grow from $896 billion in 2025 to nearly $1.6 trillion by 2032, according to Fortune Business Insights. Within this rapidly evolving sector, one promising yet underexplored demographic stands out: Muslim travelers.
How AI is finding its way into regional academia | Salaam Gateway - Global Islamic Economy Gateway

1 month ago | salaamgateway.com | Zainab Mansoor

Artificial intelligence has seized popular imagination like no technology in recent memory. From smart translators and virtual assistants to content generations tools and chatbots – AI in its varying forms and applications has taken centre stage. Countries and institutions are scrambling to secure the required infrastructure and the paraphernalia to capitalize on the technology and its apparent benefits.
Qatar’s FDI projects increase 110% in 2024 | Salaam Gateway - Global Islamic Economy Gateway

1 month ago | salaamgateway.com | Zainab Mansoor

Foreign direct investment (FDI) projects in Qatar have more than doubled in 2024, as the country aims to lure regional and global investors. FDI projects rose 110% in 2024, from 115 reported in 2023 to 241 last year.
Trump says US to lift sanctions from Syria

1 month ago | salaamgateway.com | Zainab Mansoor

US President Donald Trump announced on Tuesday that the US will lift long-running sanctions on Syria. The surprise announcement came during Trump’s speech at an investment forum in Riyadh at the start of his Gulf tour on Tuesday. The cessation comes as welcome news for the Middle Eastern country, which has battled unrest and political upheaval since more than a decade.