Vision 2030

A student attends a training seminar at the Tourism Ministry Training center in the city of Riyadh on August 30, 2022.

Interview

Saudi labor localization will take ‘generation or two': Armada CEO

Around 70% of Saudi Arabia's population is 35 years old or younger, according to the kingdom’s General Authority for Statistics, providing ample opportunity for an educated and technology-savvy national workforce in the coming decades.

Olivier Badard

CEO of Armada Holding

The symbols of bitcoin and the stablecoin Tether (USDT) are displayed at a cryptocurrency store in Hong Kong on July 29, 2025.

Interview

Saudi Arabia eyes state-backed stablecoin amid digital finance push

Tokenization in Saudi Arabia has rapidly evolved from concept to early-stage execution since the early 2020s.

A person walks past the closed Metropolitan Opera at Lincoln Center on Jan. 7, 2021, in New York City.

Why did the Met Opera lose its Saudi funding deal?

The deal, announced as a nonbinding memorandum of understanding last September, would have seen the PIF inject up to $200 million into the opera institution over the next eight years.

Bryson DeChambeau of Crushers GC plays his shot from the 17th tee prior to LIV Golf Mexico City at Club de Golf Chapultepec on April 15, 2026, in Mexico City.

What LIV Golf’s woes suggest about Saudi Arabia’s economic headwinds

The Golf league, which is backed by the Saudi sovereign wealth fund, is saying its season will go on after reports of an imminent collapse.

Latest News

Culture

Ancient wells, Abbasid coin: Saudi Arabia unveils archaeological finds

Archaeologists work at Ra’s Qurayyah Port in Al-Ahsa Governorate, Eastern province. (Saudi Heritage Commission)

Meet Fahad Al-Saif, PIF exec and Saudi Arabia's new investment minister

Fahad

Saudi Arabia names new investment minister as Vision 2030 funding lags

Crown Prince and Prime Minister of the Kingdom of Saudi Arabia Mohammed bin Salman looks on during a meeting with US President Donald Trump (not pictured) in the Oval Office of the White House in Washington, DC on November 18, 2025. Saudi Crown Prince Mohammed bin Salman arrived at the White House to fanfare and a jet flyover Tuesday, in his first visit to the United States since the 2018 murder of journalist Jamal Khashoggi. (Photo by Brendan SMIALOWSKI / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Ima

Analysis

In Saudi Arabia, Erdogan fosters security alignment, $30B trade push

Riyadh

Ezgi Akin

In Ankara, reporting on diplomacy, EU-Turkey ties, NATO

The Public Investment Fund is present during the BNP Paribas Open at Indian Wells Tennis Garden on March 13, 2024, in Indian Wells, California.

Saudi Arabia's PIF buys $2B majority stake in entertainment giant MBC

The deal highlights the PIF’s continued expansion into the regional media and entertainment sector in accordance with Saudi Arabia's Vision 2030 agenda.

Google Pay, China’s Alipay+ launch in Saudi Arabia amid cashless push

Both payment platforms will use mada, the kingdom’s national payment system.

In Bristol, reporting on regional business, climate change, AI, tech

Saudi Arabia's Bayan Sadagah (C-L) celebrates her goal during a friendly football match between Saudi Arabia and Bhutan at Prince Sultan bin Abdulaziz stadium in Abha on September 24, 2022. (Photo by AFP) (Photo by -/AFP via Getty Images)

Saudi Arabia launches 24-hour women’s sports channel: What to know

The launch coincides with the start of the Saudi Women’s Premier League season, which will see the soccer competition broadcast nationally and globally for the first time.

Foreign laborers work on the construction of new luxury houses in the Saudi capital, Riyadh, on April 13, 2019.

Saudi crown prince vows to ground soaring property prices: What to know

Crown Prince Mohammed bin Salman vowed to implement policies aimed at reducing real estate costs and providing a wider range of housing options.

KHALED DESOUKI/AFP via Getty Images

Saudi Arabia, UAE firms sign $18.5B tourism megaproject for Egypt

The new deal forms part of Egypt’s Vision 2030 agenda as the government aims to secure $42 billion in foreign direct investment this year.

WANG ZHAO/AFP via Getty Images

Qataris hail Chinese robotaxis as Gulf embraces driverless cars

Three Chinese companies have publicly announced plans to roll out the autonomous vehicles in the Gulf.

Italian designer Giorgio Armani acknowledges the audience during One Night Only series in Dubai on October 26, 2021.

From Milan to Dubai: Giorgio Armani's sprawling Middle East legacy

The Italian designer's eponymous brand has luxury real estate in the Gulf, as well as North Africa.

United Arab Emirates

Saudi Commerce Minister Majid al-Kassabi and Business and Trade Secretary Jonathan Reynolds at the Great Futures summit, London, Sept. 3.

Saudi Arabia, UK announce over $445M in investments: What to know

The agreements aim to boost bilateral trade and will also support Saudi Vision 2030 reforms to diversify the economy away from reliance on oil by the end of the decade.

British Chef Gordon Ramsey shouts instructions from his kitchen at his Chelsea restaurant Jan. 12, 2001.

Culture

Gordon Ramsay chef school heads to Saudi Arabia: What to know

Saudi Arabia lacks the plethora of renowned restaurants the neighboring UAE boasts, but the kingdom’s fine dining scene may be on the rise.

Visitors at the first night of the International Falcon Breeders Auction 2025 in Malham city on Aug. 5, 2025.

Culture

Saudi Arabia’s falcon auction aims to spin tradition into tourism gold

Under Vision 2030, Saudi Arabia is seeking to diversify its economy and cultural tourism.

People wait for the arrival of relatives at King Khalid International Airport in the Saudi capital of Riyadh on the first commercial flight from Qatar on Jan. 11, 2021.

Saudi Arabia’s King Khalid airport sets record with 3.9M passengers in July

Air travel is a part of the Vision 2030 plan to diversify the economy, though challenges remain in attracting tourists and catching up to other Gulf airports.

GIUSEPPE CACACE/AFP via Getty Images

Saudi mining licenses soar as kingdom hunts critical metals: What to know

The Saudi government has cleared hurdles for the mining industry in its pursuit of critical materials.