Tag: Vision 2030
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Saudi Arabia PIF Hits USD 925 Billion in Assets as Vision 2030 Investment Machine Accelerates Globally
Saudi Arabia's Public Investment Fund has grown to USD 925 billion in assets under management in 2026, on track to reach USD 1 trillion by 2027, with the fund's portfolio spanning Saudi gigaprojects, global technology stakes, sports entertainment, renewable energy and infrastructure across 30+ countries.
Saudi Red Sea Project: Five Luxury Resorts Open as Kingdom Targets 150 Million Tourists by 2030
The Red Sea Project has opened five luxury resort properties on Saudi Arabia's virgin Red Sea coastline in 2026, marking the transition of Crown Prince Mohammed bin Salman's signature tourism development from construction to commercial operation and bringing AMAALA and Shura Island's world-class dive sites within reach of international visitors.
NEOM Smart City: Saudi Arabia Opens First Residential District as THE LINE Construction Accelerates
Saudi Arabia's NEOM megaproject has opened its first residential district for early residents and workers in 2026, with THE LINE's mirrored facade structure advancing in the Tabuk desert and the broader NEOM development receiving USD 500 billion in committed investment as Crown Prince Mohammed bin Salman accelerates Vision 2030 delivery.
Saudi Arabia Scales Back 81 Red Sea Resorts and Recalibrates Giga-Projects Toward Realistic Delivery
Saudi Arabia is scaling back plans to build 81 luxury Red Sea resorts by 2030 as the Kingdom reassesses pace and scope across giga-projects — a pragmatic recalibration that preserves Vision 2030's economic logic while aligning timelines to execution reality, with 85% of targets still on track.
Bahrain Non-Oil Economy at 85% of GDP: How the Kingdom Became the GCC’s Most Diversified Economy
Bahrain's non-oil sectors now represent approximately 85 per cent of GDP — with financial services alone at 17 per cent — making the Kingdom the GCC's most structurally diversified economy by this measure, built on the foundations of Vision 2030, a unified financial regulator, and early-mover regulatory innovation.
