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.
Artificial Intelligence is changing the world. In Saudi Arabia, there is a dedicated agency to harness its power. Al Majalla talks to one of its leading figures about what's next.
Whether American military action triggers a rapid collapse of Iran's regime or gradually erodes it over time, all paths lead to one destination: the end of the Islamic Republic
Those who somehow managed to survive starvation, bombs and disease now face a punishing winter in 'shelters' as battered as Palestinian existence itself
If history is any indication, then yes. While much of modern-day America was acquired through conquest, large chunks of the country were also bought from reluctant sellers under pressure.
The economy is a mess and the politics are askew but the Lebanese are once again learning how to celebrate, these days to the tune of Badna Nrou, meaning 'We need to calm down'