Vision 2030

Strategic investments aim to stimulate the economy, attract tourists, and elevate culture and the arts in Saudi Arabia as part of the country's Vision 2030 goals

Whether in cinema or heritage, there are dozens of big cultural projects that investors are interested in, as the sector increasingly contributes towards growth and development.

To set up 153 Cultural Houses across the Kingdom by 2030, Saudi Arabia wants to foster creativity and dialogue in pursuit of its vision for a knowledge-based society.

The Kingdom wants to become a global logistics hub bridging three continents, so it is upgrading and expanding its ports on both the Red Sea and the Arabian Gulf.

Once considered a niche pastime, electronic sports (eSports) is now a multibillion-dollar global industry, drawing millions of viewers and professional players. Competitive video gaming now fills…

Ambitious targets are largely being met, with several areas exceeding expectations, but with foreign direct investment still less-than-hoped, there is still work to be done.

The country has several landmark achievements already under its belt and is set to host the FIFA World Cup in 2034, proving grand ambition pays off when it's followed by hard work

Securing critical minerals brings economic gain but could also come with geopolitical benefits

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