economic diversification

Economic and technological dynamism characterised 2025, with ambitious initiatives aimed at accelerating non-oil growth, diversifying national economies, and ushering in regional integration

There are common themes between those states experiencing growth and those facing crisis and instability. It pays to look at the success stories and to think bigger, including on a regional level.

Saudi Arabia and the UAE lead the region in this key diversification indicator, as China and India emerge as key partners

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

It is no longer the Gulf's quiet outlier but a country quietly setting a new standard for sustainable economic development in the region

Sectors such as tourism, manufacturing, logistics, and healthcare have the potential to continue growing as a share of the Gulf states' overall revenue and to provide employment for the future