Saudi Arabia Vision 2030

In the second instalment of a two-part series, Al Majalla looks at how Saudi Arabia moved from a horizontal to a vertical development model, powered by an ambitious package of reforms

The first in a two-part series explains how the country capitalised on its black gold decades ago to expand its economy horizontally, a stunning success that paved the way for Vision 2030

Like Saudi Arabia, Gulf states should update their investment laws to help incentivise FDI, which is crucial to developing key sectors in their economies

The PIF has been the primary driver for meeting the needs of Vision 2030, attracting foreign investments, and enhancing local content by increasing the private sector's contribution to its portfolio…

Gulf countries' success in achieving sustainable economic development will benefit most countries in the region

Investing in sports is not only part of Saudi Arabia's overall diversification strategy, but it also helps boost related sectors like hospitality and tourism

Halfway into Vision 2030, the Saudi economy recorded steady progress and made impressive strides toward a prosperous future

Riyadh wants Tunisia's help to build futuristic cities, but domestic issues and mismanaged funds complicate efforts. Al Majalla explains.

Discoveries have increased the Kingdom's reserves of an alternative means of electricity generation, helping it move away from liquid fuel and toward a bigger role in the global market.

The festival kicks off with the world premiere of the Saudi film "Inheritance", directed by Yasir Al-Yasiri, along with 35 other Saudi films.