Ministry of Economy and Planning - MEPsaudi

What Ministry of Economy and Planning - MEPsaudi does

The Ministry of Economy and Planning (MEP) is the government ministry of the Kingdom of Saudi Arabia established by Royal Decree in 1953, headquartered at Granada Business Park in the Al Shuhada District of Riyadh. It is the statutory body responsible for organizing Saudi Arabia's economic affairs, developing national development plans aligned with the vision of decision-makers, and coordinating the Kingdom's socio-economic development agenda under Saudi Vision 2030. The Ministry serves Saudi government entities and policymakers, researchers and academics, and domestic and international investors and businesses, providing economic data, strategic planning support, and performance measurement for national initiatives.

MEP's core product is the Data Saudi Platform (منصة بيانات السعودية), a unified system that presents and analyzes the Kingdom's economic and social data through interactive visualizations. The platform was enhanced with agentic AI capabilities in 2026 at the World Economic Forum in Davos, enabling users to query, visualize, and download customized economic datasets in structured formats. A beta agentic AI tool called INSAIGHTS was launched on the platform in July 2026 to provide natural-language querying and automated dataset retrieval. A second product, the SUSTAIN Platform, was co-developed with the World Economic Forum and Bain & Company to use AI-driven matching and recommendation engines to facilitate cross-sector sustainability partnerships, with projected potential to unlock up to $20 billion in partnerships within Saudi Arabia and $100 billion across MENA by 2030. The Ministry also publishes periodic economic reports (quarterly, annual, sustainability, and investment) as a service to decision-makers.

As a state entity, MEP does not charge for its services and operates as a regulatory and planning body funded by the Saudi Arabian state budget. Its go-to-market is institutional rather than commercial: distribution occurs through the official bilingual website, the Data Saudi Platform, the SUSTAIN Platform, an e-services portal, media center, and direct engagement via international forums such as WEF, OECD, and UN HLPF. Recent strategic activity includes MoUs with the Federation of Saudi Chambers of Commerce, the Riyadh Infrastructure Projects Center, and the Regional Voluntary Carbon Market Company, alongside the hosting of the WEF Global Collaboration and Growth Meeting in Jeddah in April 2026.

Name

Ministry of Economy and Planning - MEPsaudi

Legal name

Ministry of Economy and Planning (وزارة الاقتصاد والتخطيط)

Website

https://mep.gov.sa

Company type

Private

Founded year

1953

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

The Ministry of Economy and Planning is the Saudi Arabian government ministry, established in 1953, that drives the Kingdom's socio-economic development agenda under Vision 2030. It serves policymakers, researchers, and investors through AI-enabled platforms such as Data Saudi and SUSTAIN, alongside periodic economic reports.

Ownership category

akta.pro rank

Product category

Government Economic Planning

NAICS

Public Finance Activities (92113), International Affairs (92812), Administration of General Economic Programs (92611), Public Administration (92)

SIC

Foreign Governments (8888), International Affairs (9721)

akta.pro primary industry

Economic Research, Statistics & Policy Advisory (BPADAMAJ)

akta.pro secondary industries

Central Government Policy, Strategy & Performance (incl. OMB-style functions) (BPAIAAAB), Trade, Industry & Economic Development Administration (BPAIAAAL), Governance, Public Financial Management & Service Delivery Reform (BPADAEAD), Development Cooperation & Foreign Aid Administration (BPAIAIAG)

Keywords

• Economic planning services
• Government economic data
• National development policy
• Economic data analytics
• Public sector planning

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Distribution channels3 records

Marketing channels5 records

Core offering

The Ministry of Economy and Planning is the Saudi government body responsible for organizing economic affairs and developing national development plans aligned with Vision 2030. It operates digital platforms — Data Saudi, SUSTAIN, and INSAIGHTS — that publish and analyze Saudi economic and social data and facilitate cross-sector sustainability partnerships. It also issues periodic economic reports used by policymakers, researchers, and investors.

Product overview

The Ministry of Economy and Planning operates a unified digital platform portfolio centered on the Data Saudi Platform, a comprehensive data visualization and analysis tool for Saudi economic and social indicators. The Data Saudi Platform serves as the core product, enhanced with agentic AI capabilities through the INSAIGHTS tool. Additionally, the Ministry offers the SUSTAIN Platform for sustainability partnerships (developed with WEF and Bain & Company), and provides Economic Reports as a service for policymakers. The portfolio supports Saudi Vision 2030 objectives through data-driven policymaking and international collaboration.

Differentiator

Problem solved

Functional benefit

Brands

• Data Saudi Platform: A unified platform to present and analyze the latest economic and social data for the Kingdom and its regions in visually interactive ways.
• SUSTAIN Platform
• INSAIGHTS

Products and services

• Data Saudi Platform (منصة بيانات السعودية) A unified public platform that presents and analyzes the latest economic and social data for Saudi Arabia and its regions through interactive visualizations, enabling policymakers, investors, and researchers to query, visualize, and download customized economic datasets.
• SUSTAIN Platform AI-driven platform developed with the World Economic Forum and Bain & Company to facilitate cross-sector partnerships for sustainability projects across Saudi Arabia by matching organizations with verified partnership opportunities and providing intelligent recommendations.
• INSAIGHTS Beta agentic AI tool launched on the Data Saudi Platform that enables users to query, visualize, and download customized economic datasets in structured formats using natural language.
• Economic Reports (التقارير الاقتصادية) Periodic reports issued by the Ministry to support decision-makers and economic policymakers locally and globally, including quarterly economic reports, annual state-of-the-economy reports, sustainability reports, and investment reports.

Quantifiable outcome

• Ranked 1st globally in ITU Digital Readiness Framework 2025 with 93 points
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature3 records

Partnerships

Twelve partnerships are on record, tiered core, strategic and minor.

• United Nations Development Programme (UNDP)coreStrategic or Co-development Partner · 14 July 2026Partnership for the Voluntary National Review presentation at UN HLPF 2026. Joint initiative with the General Authority for Awqaf for a high-level roundtable on sustainable development financing, waqf governance, and impact measurement.
• Regional Voluntary Carbon Market CompanystrategicStrategic or Co-development Partner · 30 June 2026MoU signed for collaboration in voluntary carbon market development and sustainability initiatives, supporting Saudi Arabia's environmental and climate goals.
• OECD (Organisation for Economic Co-operation and Development)coreStrategic or Co-development Partner · 3 June 2026Active participation in OECD Ministerial Council Meeting 2026 in Paris. Bilateral discussions on economic cooperation, development planning, and global economic governance standards.
• Riyadh Infrastructure Projects CenterstrategicStrategic or Co-development Partner · 21 May 2026MoU signed to enhance institutional coordination and project management efficiency, develop infrastructure planning evaluation mechanisms, and exchange data, reports, and studies. Signed in presence of His Excellency Prince Dr. Faisal bin Abdulaziz bin Ayyaf.
• Federation of Saudi Chambers of CommercestrategicStrategic or Co-development Partner · 20 May 2026MoU to enhance cooperation in economic and development areas, support private sector and SMEs. Includes joint economic research, data analytics, entrepreneurship programs, regional development, training programs, and sustainability initiatives.
• World Economic Forum (WEF)coreStrategic or Co-development Partner · 22 April 2026Strategic partnership for hosting the Global Collaboration and Growth Meeting in Jeddah (April 22-23, 2026) and co-development of the AI-enabled SUSTAIN Platform for sustainability partnerships. WEF collaboration also includes data platform enhancements and knowledge sharing initiatives.
• International Organizations and Multilateral BodiescoreStrategic or Co-development Partner · 22 April 2026Participation in and hosting of international forums including WEF, UN forums, OECD meetings, and various bilateral engagements with counterpart ministries from multiple countries for economic cooperation.
• Bain & CompanycoreStrategic or Co-development Partner · 21 January 2026Co-developed the SUSTAIN Platform, an AI-driven sustainability partnership facilitation platform. Bain & Company contributed consulting expertise and analytical frameworks for matching organizations with verified sustainability opportunities.
• Weill Cornell MedicineminorStrategic or Co-development PartnerSaudi-U.S. space research partnership focused on space biology and human health, announced during WEF Annual Meeting 2026 in Davos.
• ITU (International Telecommunication Union)minorOthersSaudi Arabia ranked 1st globally in ITU Digital Readiness Framework 2025 with 93 points, evaluated across 117 indicators and nine pillars of telecommunications, technology systems, policies, and governance tools.
• General Authority for AwqafstrategicStrategic or Co-development PartnerPartnership for presenting waqf sector contributions in the third Voluntary National Review 2026, showcasing Saudi waqf model and the Waqf Excellence Index as a national framework for measuring endowment institution performance.
• Expo 2030 RiyadhstrategicStrategic or Co-development PartnerCollaborative participation in UN HLPF 2026, showcasing national sustainability initiatives and joint exhibition on strengthening sustainability in Saudi Arabia.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Others

• Saudi Central Bank (SAMA): SAMA is a domestic Saudi peer in macro-economic stewardship — monetary policy and financial-sector oversight — that works alongside MEP on broader economic coordination. It is not a direct competitor but a closely related government entity whose policy remit overlaps with MEP's planning function.
• World Economic Forum: The WEF is MEP's strategic partner and co-developer of the SUSTAIN Platform, and host of the Global Collaboration and Growth Meeting in Jeddah (April 2026). While not a government peer, it is the international convening body whose platforms increasingly shape MEP's outward-facing economic initiatives.
• Saudi Data and AI Authority (SDAIA): SDAIA is the national authority overseeing data and AI policy in Saudi Arabia. It is an enabling/adjacent ecosystem participant that sets the regulatory backdrop for MEP's Data Saudi and INSAIGHTS platforms and could either amplify or compete with MEP's AI-driven economic-data mandate.

Direct peers

• Kuwait Ministry of Commerce and Industry: Kuwait's central economic and trade policy ministry operates a comparable mandate around trade promotion, industrial policy, and economic diversification. While smaller in digital-platform scale than MEP, it pursues similar Vision 2035-era reform objectives in a neighboring GCC economy.
• Qatar Ministry of Planning and Statistics: Qatar's combined planning and statistics authority is structurally similar to MEP, coordinating national development plans aligned with Qatar National Vision 2030 and publishing official economic indicators. It mirrors MEP's data-and-planning dual mandate in a neighboring GCC jurisdiction with comparable oil-economy dynamics.
• Oman Ministry of Economy: Oman's federal economic policy ministry is a direct structural analog to MEP, responsible for national economic planning under Oman Vision 2040 and for cross-ministerial coordination on diversification. It serves a comparable GCC constituency and competes for regional economic advisory relevance.
• UAE Ministry of Economy: UAE's central economic policy and planning ministry with a near-identical mandate to MEP — national economic strategy, sectoral diversification programs, and federal data/statistics coordination. It is the most direct comparator within the GCC, competing with MEP for regional economic-initiative hosting and Vision-style policy leadership.
• Bahrain Ministry of Finance and National Economy: Bahrain's combined finance-and-economic-planning ministry performs both budgeting and national economic strategy functions, similar to MEP's budgetary coordination alongside economic planning. It is a smaller-scale GCC peer pursuing comparable Economic Vision 2030 reforms.

Broad incumbents

• OECD Economics Department: The OECD's economics directorate produces comparable country-level economic surveys and policy reviews — the supranational version of MEP's Saudi-Economic-Report portfolio. MEP engaged directly with the OECD at the 2026 Ministerial Council Meeting, signaling active collaboration with this incumbent policy research body.
• World Bank Development Research Group: The World Bank's research arm conducts cross-country economic policy advisory and produces the global economic data sets that MEP's Data Saudi platform mirrors at the national level. It represents the broader-international-incumbent version of MEP's economic-statistics-and-policy-advisory function.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mepsaudi

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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