SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

Recent stories from sustg

MUST-READS

  • Saudi Vision 2030 tops investor attention in the region: EFG Hermes 

    Saudi Arabia’s push to diversify its economy under Vision 2030 is increasing its attractiveness in the region for investments, revealed a recent poll conducted by Egyptian financial services firm EFG Hermes. The survey, which was conducted on the sidelines of the 17th EFG Hermes One-on-One Conference in Dubai, showed 34 percent of respondents termed the Kingdom’s Vision 2030 as the most important source of investment opportunities at the moment. This was followed by investment opportunities in artificial intelligence at 25 percent.

  • Healthcare as a catalyst to Saudi Vision 2030: an Interview with CEO Dr. Majid Ibrahim Al Fayyadh

    Saudi Arabia’s healthcare sector presents promising opportunities for a number of organisations including the state-of-the-art King Faisal Specialist Hospital and Research Centre (KFSH&RC). CEO Dr. Majid Ibrahim Al Fayyadh reveals how the organisation will continue to provide the highest level of specialised healthcare in an integrated educational and research setting

  • Vision 2030 projects trigger a real estate boom in Saudi Arabia

    With multibillion-dollar projects related to the Vision 2030 strategy, Saudi Arabia’s real estate sector is expected to witness a record boom, real estate experts told Arab News. The expected growth in the sector, they say, will be driven by foreign investors who are taking a keen interest in becoming part of the huge socioeconomic transformation currently underway in the Kingdom. Since the launch of the Vision 2030 plan, Saudi Arabia has taken several measures to diversify its economy and reduce its reliance on oil and gas revenues. The Kingdom is propping up all sectors of the economy, particularly tourism, entertainment, art, and culture with an improved quality of life for residents and citizens as the central theme.

  • Commentary: Points of convergence between the Belt and Road Initiative and the Saudi Vision 2030

    As of August 2022, 149 countries and 32 international organizations have signed Belt and Road Initiative cooperation agreements with China. In 2021, China' trade in goods with the BRI countries totaled 11.6 trillion yuan ($1.7 trillion), a new high over the past eight years and a year-on-year increase of 23.6 percent. The integration of the Belt and Road Initiative with the Kingdom's Vision 2030 can help achieve the development goals of both countries, especially when the Gulf Cooperation Council countries are looking for stronger cooperation with China, a market with great potential.

  • Saudi Arabia’s Red Sea Global leads the way in achieving Vision 2030 goals

    The international airport and the first hotel are scheduled to open in 2023, making The Red Sea—the RSG’s first flagship project—ready to welcome its visitors. After 2024, guests are anticipated to be welcomed to Amaala. Upon completion, both are anticipated to provide the Kingdom’s economy with about $8.78 billion yearly.

  • Key Saudi economic sectors set to receive investment boost amid Vision 2030 spending

    Key sectors of Saudi Arabia’s economy, from real estate to tourism and energy, are set to benefit from investments flow through the Vision 2030 programme as the kingdom continues to diversify its economy, according to S&P Global Ratings. These sectors including digital infrastructure, food and agriculture healthcare, telecoms and utilities will see significant spending growth over the medium and long term, with funding to come largely from the debt capital markets, the rating agency said in a report.

  • Key Saudi economic sectors set to receive investment boost amid Vision 2030 spending

    Key sectors of Saudi Arabia’s economy, from real estate to tourism and energy, are set to benefit from investments flow through the Vision 2030 programme as the kingdom continues to diversify its economy, according to S&P Global Ratings. These sectors including digital infrastructure, food and agriculture healthcare, telecoms and utilities will see significant spending growth over the medium and long term, with funding to come largely from the debt capital markets, the rating agency said in a report.

  • Are Saudi Workplaces Working for the Kingdom’s Vision 2030?

    Gallup data shows that employee engagement plays a significant role in retention. While nearly half (47%) of actively disengaged workers and 22% of not engaged workers are currently actively looking for a new job, this number shrinks to 19% for engaged workers. And only a quarter of employees (24%) in the Kingdom are currently engaged -- meaning there is huge potential for leaders to enhance the employee experience to improve retention.

  • Are Saudi Workplaces Working for the Kingdom’s Vision 2030?

    Six years later, the Kingdom's Vision 2030 is central to the Saudi experience today: A significant majority of three in four employees (76%) strongly agree that they feel enthusiastic about Vision 2030, according to a 2022 Gallup survey. But although Saudi workers support the program generally, they are less confident about the role of their own organization within that broader vision. Significantly fewer employees (60%) strongly agree that their company is well-positioned to contribute to the vision.

  • Saudi Vision 2030 ‘turbo-charging’ digital economy, e-commerce: Expert

    Saudi Arabia’s Vision 2030 is “turbo-charging” the Kingdom’s thriving digital economy as it enters a high-growth stage in digital payments and e-commerce, Checkout.com’s Senior Vice President for the region told Al Arabiya English on Thursday.