Another deficit is likely, but it will be in line with EU standards, say Saudi ministers keen to keep investing in the Kingdom's economic diversification away from oil and towards Vision 2030
In a bid to strike a balance between local requirements and the rights of foreign investors, the amendments put foreign investors on an equal footing with Saudis
The central theme of Riyadh Expo 2030, "Together we look forward to the future," reflects the depth of the Kingdom's aspirations and its readiness to play a leading role on the global stage
Robust national capacities, the strength of institutions, and education and skills development should be at the top of the agenda in 2024 as the Kingdom pushes forward with Vision 2030
The progress made in diversifying the Saudi economy is evident from one number: 32%. Incredibly, Vision 2030 has taken non-oil revenue to a third of national income in 2022. Al Majalla explains.
Speaking to Al Majalla, Saudi artist Ghada Al-Hassan describes art as a living entity: "Its birth alone does not guarantee its survival. It needs continuous care to grow and thrive."
Al Majalla outlines the main factors behind Saudi Arabia and Russia's decision to cut oil production and how this could impact the upcoming US elections
The CEO of Telfaz11 talks to Al Majalla about how his media studio revolutionised content creation in Saudi Arabia. Two of its films are currently screening at the Toronto International Film Festival.
Washington and Beijing have much to discuss during Donald Trump's visit. As they meet, both presidents will find that they are playing with different hands.
Jerome Powell's successor, Kevin Warsh, takes the reins at a critical fiscal moment, as inflationary pressures caused by the US war on Iran begin to take effect worldwide.
Britons seem fed up with establishment parties after Labour's disastrous performance in this week's local elections, and the Tories' similar failure two years ago
This year, the renowned film festival appears to be addressing a world where films are made and consumed differently, while maintaining its legacy as the world's foremost arena for art cinema