This article has been researched and written by Rawan El Khalil and the team at Creation Business Consultants and has not used AI in generating this article.
VISION 2030: TRANSFORMING SAUDI ARABIA’S ECONOMIC LANDSCAPE
Saudi Arabia is one of the largest economies in the Middle East, primarily driven by its petroleum industry. Globally recognized as a leading participant in oil production and exportation, Saudi’s vast oil reserves have historically served as its economic cornerstone. In recent years, the Saudi government, under the guidance of HRH Prince Mohammad Bin Salman Al Saud, has been making efforts to diversify its economy through Vision 2030. Introduced in 2016, Saudi Vison 2030 aims to reduce reliance on oil, attract foreign investment, and foster growth across various sectors, including tourism, entertainment, logistics, and technology.