The Kingdom Emerges: Saudi Arabia’s Incredible Transformation The country’s ongoing transformation under Vision 2030 presents a seismic shift for the region and is opening unprecedented opportunities for international investors. A new dawn for
US-Saudi relations
The US and Saudi Arabia have been close allies for decades, and their longstanding and fruitful partnership will continue to be driven by mutual interests.
The Kingdom's
economic revolution
The launch of the ambitious Vision 2030 is reshaping the foundations of the Kingdom’s economy, attracting increased global investments, and unleashing the Kingdom’s full potential.
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Digital Transformation

Digital technologies are key to creating a globally competitive economy of the future. Saudi Arabia has invested in, harnessed, and implemented these innovations across the board, enhancing products and services from finance and real estate to the ICT and energy sectors.

Innovation and Industry 4.0

Although Industry 4.0 technologies are in the early stages in Saudi Arabia, the largest technology market in the MENA region is poised for a rapid adoption of these innovative products.

Energy of Tomorrow

A key part of Vision 2030 is to diversify the economy away from oil. Indeed, by the end of the decade, Saudi Arabia plans to generate 50% of its electricity from renewable energy sources.

Investing in Human Capital

Education took the largest share of Saudi public spending in 2022, and these investments are paying off: prestigious higher education institutions, along with a robust R&D sector, are paving the way for the next generation of leadership in the country.

In 2016, the Kingdom of Saudi Arabia launched its Vision 2030 project to create a prosperous future for the Kingdom. The country has since implemented major structural economic and financial reforms to support its new economic diversification objectives and has already seen remarkable successes across the Vision’s main pillars.

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