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

As those representing capital fly into Riyadh for the Future Investment Initiative, there are renewed opportunities in a diversifying and more sustainable Saudi economy

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…

Saudi Arabia heads into 2025 with recalibrated yet sharpened ambitions, enhanced credibility, and greater capacity to manage crises, not least those erupting on its doorstep.

At a time of global turbulence, the Kingdom's reputation for stability and determination to build on the success of its Vision 2030 plans will help it attract global business talent and entrepreneurs 

There has been a steady flow of companies applying to set up offices in the country since the rule introduced three years ago went into effect at the start of 2024

Saudi Arabia continues to strengthen its financial and economic position in 2024 with increased spending in its public budget despite global economic uncertainty

By offering solutions that blend seamlessly with international efforts to achieve global prosperity, the Kingdom will help boost international peace and cooperation

The Kingdom's move to boost industry has defied Covid to bring in billions of dollars in foreign investment and boosted an array of local start-ups to bring new meaning to the Made in Saudi brand

Not only is cultural development great for citizens, but it is expected to add more than 5% to the GDP by 2030