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- Monday . January 27, 2025
Saudi Arabia's Vision 2030 promotes national transformation by diversifying the economy, promoting cultural modernization, and advancing sustainability, thereby positioning the Kingdom as a global leader in innovation and development.
Building on past successes and establishing more ambitious goals after they are accomplished is a clear strategy of Vision 2030. Saudi Arabia's 2025 budget seeks to reach 127 million tourists nationwide, with a projected tourism spending of 346.6 billion riyals, after surpassing its 2023 target of more than 100 million visitors. This is 27 million more tourists than the 2030 target.
In the capital of the Kingdom, Riyadh, and amid an atmosphere of innovation and aspiration for the future, the tenth annual Absher Forum for Digital Transformation was held at the Ministry of Interior’s employees’ club. This prominent event, which was held under the generous patronage of the Minister of Interior, carried within it an ambitious vision for change, whereby the definition of Government services in line with the Kingdom’s ambitions and Vision 2030.
The Kingdom's economy has benefited greatly from the astounding 67% rise in new commercial registrations that occurred in the fourth quarter of 2024. The Ministry of Commerce reported that more than 160,000 new business records were granted between October and December, demonstrating the continuous efforts to improve the business environment and diversify the economy.