New housing, infrastructure and municipal projects drive regional growth under Vision 2030
Saudi Vision 2030
Latest in Saudi Vision 2030
Saudi Arabia
Saudi Arabia opens Six Flags Qiddiya City
New theme park Six Flags Qiddiya City marks a major milestone in Saudi Arabia’s leisure and tourism ambitions
Ministry of Finance - Saudi Arabia
Saudi finance minister says budget deficit is strategic and will not curb government spending
Government’s expansionary expenditure to reach $350bn in 2026, and increase to approximately $380bn in 2028
Ministry of Finance - Saudi Arabia
Saudi set to enter Vision 2030 ‘maximising impact’ phase in 2026
Finance minister says next year will mark a new stage in the Kingdom’s reform programme, as the government maintains expansionary spending and celebrates rapid non-oil growth
Guinness World Records
Riyadh Metro sets Guinness World Record for world’s longest driverless train network
Spanning 176 kilometres and 85 stations, the metro marks a major milestone in Saudi Arabia’s push for sustainable urban mobility under Vision 2030
food security
Tanmiah Food Company signs MoU with Big Idea Ventures to advance Saudi Arabia’s 2030 food security agenda
Partnership to strengthen red-meat supply chains and develop sustainable local feed alternatives under Vision 2030
Saudi Arabia
Al-Falih: Strategic reforms, location boost Saudi Arabia’s global competitiveness
Minister of Investment Khalid Al-Falih says Saudi Arabia is emerging as a central hub in global supply chains, driven by Vision 2030 reforms, a strong investment climate, and a strategic geographic position
bond issuance
Saudi corporates expected to boost cross-border bond issuance as funding needs grow – report
Vision 2030 projects and high investment demand to drive borrowing and external debt, says S&P Global Ratings
Public Investment Fund
Saudi firms cut expat salary premiums as hiring slows and priorities shift
Recruiters say foreign pay packages are now more measured as the Kingdom redirects spending and competition for jobs increases, according to a Reuters report
Agility
Jeddah’s $162.9mn Agility Logistics Park Facility inaugurated
Park to feature six Grade-A warehouses; Al-Jasser, Minister of Transport and Logistic Services, lauds private-sector investment
gcc economy
Saudi recovery and diversification to anchor GCC growth amid mixed global outlook – report
Global growth is expected to remain steady but subdued through 2026 and 2027, with Saudi Arabia’s oil rebound and diversification efforts set to drive the Gulf’s resilience, says Moody’s Ratings
law firms
Morgan Lewis opens new Riyadh office
Global law firm Morgan Lewis expands its Middle East footprint, with senior hires from A&O Shearman and Al Tamimi & Company
Future Investment Initiative
Saudi’s PIF entering returns-driven phase as private sector takes larger role, expert says
Bain’s Gregory Garnier says PIF is adopting a more phased approach to giga-projects to protect returns, while redirecting capital from real estate to strategic sectors better suited to sovereign investment
AROYA
Saudi Tourism Authority, AROYA Cruises and Major Sports Cruises partner to drive growth in Saudi sports tourism
The partnership supports Vision 2030’s goal to promote Saudi Arabia as a global hub for sport, culture, and entertainment
Ministry of Investment - Saudi Arabia
Saudi Arabia has achieved 85% of its Vision 2030 target six years ahead of time
Minister of Investment Khalid Al-Falih says Saudi has already crossed the target for number of regional headquarters and for women in workforce
Aviation
Saudi Vision 2030 fuels world’s fastest-growing aviation sector, report shows
Sustained state-led investment, favourable geography and rising populations are positioning the Middle East as one of the world’s most dynamic aviation markets
commercial real estate
Saudi logistics rents surge to record highs as tech and retail giants snap up scarce space – report
Riyadh industrial rents up 16% and occupancy near full capacity as Apple, Huawei and Shein join a wave of firms investing in data centres, cold storage and logistics under Saudi Vision 2030
