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Saudi Arabia achieves 85 of its Vision 2030 goals: Minister of Investment

Saudi Arabia has achieved 85% of its Vision 2030 goals, making remarkable economic progress towards a prosperous and diversified future. Discover the details of these achievements in a comprehensive analysis of financial indicators.

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Saudi Arabia achieves 85 of its Vision 2030 goals: Minister of Investment

Vision 2030 presents: An economic analysis of financial indicators and key figures

Saudi Arabia’s Minister of Investment, Khalid bin Abdulaziz Al-Falih, announced that 85 of the initiatives and objectives of the Kingdom’s Vision 2030 have been completed or are on track to be completed by the end of 2024. This announcement reflects exceptional progress in the economic and social transformation towards a more diversified and prosperous future.

Analysis of economic indicators

Achieving 85 of the goals set in Vision 2030 indicates the success of efforts to diversify the Saudi economy away from dependence on oil. This percentage means that most initiatives have exceeded their targets or achieved results that surpass expectations, reinforcing confidence in the Kingdom's ability to achieve its ambitious goals.

Among the notable achievements highlighted by Minister Al-Falih was attracting the regional headquarters of 675 global companies to Riyadh. This figure reflects Saudi Arabia's success in strengthening its position as an attractive destination for multinational corporations and a globally competitive business environment. The presence of this large number of international companies significantly contributes to increased foreign direct investment and bolsters local economic growth.

Rescheduling mega-projects

Minister Al-Falih explained that some mega-projects have been rescheduled or their priorities reassessed, emphasizing that these adjustments do not signify a retreat but rather a "strategic repositioning" to ensure the efficient and sustainable achievement of major objectives. Among the most prominent projects that have undergone changes is the futuristic city of NEOM, whose scope has been temporarily scaled back to focus on vital projects and infrastructure related to hosting the 2034 FIFA World Cup.

Local and global impacts

The progress achieved in Vision 2030 is having a significant positive impact on the local economy, contributing to the creation of new job opportunities and stimulating innovation and sustainable growth. Attracting global companies also enhances Saudi Arabia's competitiveness and positions it as a major regional hub for business and investment in the Middle East.

Globally, Saudi Arabia's success in implementing its economic vision sends a strong message to international markets about the stability and attractiveness of its business environment. This could lead to increased foreign capital inflows and improved trade relations with other countries.

Future prospects

With the Future Investment Initiative (FII) approaching, observers expect the announcement of more partnerships and new projects within Vision 2030. This initiative attracts financial and business leaders from around the world to Riyadh to discuss investment opportunities and the global economic transformation, enhancing Saudi Arabia's position as a key player on the international economic stage.

In conclusion , the continuation of the current pace of achievement points to a promising future for the Saudi economy, with expectations of further growth and development in the coming years. With its continued focus on economic diversification and sustainability, the Kingdom appears well-positioned to achieve its ambitious goals by 2030 and beyond.

The Saudi News Network first launched on Twitter via its official account, @SaudiNews50, and quickly became one of the Kingdom's leading independent news sources, thanks to its fast and reliable coverage of major local and international events. Due to the growing trust of its followers, the network expanded by launching its website, a comprehensive news platform offering regularly updated content in the fields of politics, economics, health, education, and national events, presented in a professional style that meets the public's expectations. The network strives to enhance public awareness and provide accurate information in a timely manner through on-the-ground reporting, in-depth analysis, and a specialized editorial team, making it a trusted source for anyone seeking up-to-the-minute Saudi news.

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Launch of the city's shuttle bus service in Ramadan 1447 AH: Routes and stations

Learn about the details of the shuttle bus service in Madinah for Ramadan 1447 AH. City bus routes will transport worshippers to the Prophet's Mosque and Quba Mosque to alleviate overcrowding.

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Launch of the city's shuttle bus service in Ramadan 1447 AH: Routes and stations

The Madinah Region Development Authority, represented by the "Madinah Buses" project, announced the launch of its operational plan for shuttle bus services during the holy month of Ramadan 1447 AH. This strategic step aims to facilitate the movement of worshippers, visitors, and pilgrims to and from the Prophet's Mosque and Quba Mosque, ensuring smooth traffic flow in the central area.

Service routes and main stations

The authority explained that the service will include dedicated routes covering various parts of Medina to ensure accessibility for the widest possible range of users. The buses will pass through a number of key and strategic stations, and the approved list includes:

  • King Fahd's plan.
  • Haramain High-Speed ​​Railway Station.
  • Shatha station.
  • Al-Khalidiyah neighborhood.
  • Sayyid al-Shuhada area.
  • College of Peace.
  • The sports stadium.
  • The garden.

In addition, a vital route has been designated that extends from the Al-Aliya area to the Quba Mosque, to connect the prominent religious landmarks with each other and facilitate the visit of worshippers to the Quba Mosque.

The importance of shuttle transport during peak seasons

The shuttle bus service becomes crucial during the holy month of Ramadan, as Madinah witnesses an influx of millions of visitors from within the Kingdom and abroad. This project directly contributes to alleviating the severe traffic congestion that can occur on roads leading to the central area surrounding the Prophet's Mosque. By utilizing high-capacity buses, the number of private vehicles entering the city center is reduced, thus lowering carbon emissions and protecting the environment, in addition to saving visitors time and effort in searching for parking.

Enhancing the experience of pilgrims

This announcement comes as part of ongoing efforts to enhance the experience of visitors and pilgrims, aligning with the goals of the Kingdom's Vision 2030 and the Guests of God Service Program. Authorities in Madinah are committed to providing highly reliable transportation services that ensure passenger comfort and safety. The shuttle bus system has proven highly successful in managing crowds and regulating pedestrian and vehicle flow during previous seasons, making it a cornerstone of operational plans for religious seasons.

The authority affirmed its commitment to applying the highest standards of safety and comfort in the buses used, while providing accurate timetables to reduce waiting times, allowing worshippers to devote themselves to worship and perform their rituals with ease and peace of mind.

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The Saudi Media Forum 2026 concludes with the crowning of the winners

The Saudi Media Forum 2026 concluded its work in Riyadh by crowning the winners of the Saudi Media Award and setting a Guinness World Record as the largest global media event.

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The Saudi Media Forum 2026 concludes with the crowning of the winners
Saudi Media Forum 2026

The Saudi capital, Riyadh, concluded the Saudi Media Forum 2026 , in an exceptional event that witnessed the crowning of the winners of the Saudi Media Award 2026 in its new version, thus consolidating the Kingdom’s position as a media powerhouse in the region, and a global platform that embraces senior decision-makers, experts and creators in the content and media industry.

A global achievement in the Guinness Book of Records

In a precedent that confirms the magnitude of the momentum the event has gained, the Saudi Media Forum has earned a Guinness World Records certificate as the largest media event in the world in terms of the number of attendees, reflecting the growing soft power of the Kingdom and its ability to organize major events that attract the world’s attention.

Broad international participation and institutional transformation

The head of the Saudi Media Forum, Mohammed Al-Harthi, revealed remarkable figures that distinguished this edition, noting the participation of nearly 300 speakers from around the world. Al-Harthi affirmed that the forum is steadily progressing from a seasonal annual event to a sustainable, year-round institutional endeavor aimed at developing the media landscape and enhancing the capabilities of national talent.

The context of media transformation and Vision 2030

The success of the Saudi Media Forum 2026 aligns with the goals of the Kingdom's Vision 2030, which prioritizes the media sector as a key pillar of the economy and an effective tool for conveying an accurate picture of Saudi Arabia's developmental transformations. In recent years, the forum has fostered a fertile environment for exchanging expertise between Saudi media professionals and their international counterparts, thereby enhancing the professionalism of the local media landscape.

Foresight and the challenges of technology

The forum not only celebrated the winners but also became a genuine opportunity to envision the future of media in the digital age. Attendees discussed the latest developments and challenges facing the sector, particularly with the rise of artificial intelligence technologies and their direct impact on content creation and the media landscape as a whole. The presence of a distinguished group of media figures and decision-makers underscored the forum's importance as an international platform for discussion, collaboration, and building strategic, cross-border partnerships.

The importance of the Saudi Media Award

The Saudi Media Award, whose prizes were distributed at the conclusion of the forum, is one of the most important catalysts for media creativity in the region, as it aims to encourage professional competition and honor creative individuals in the fields of journalism, television, and digital media, thus contributing to raising the quality of content provided to the public.

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Construction has begun on Al-Jazira and Al-Dar Al-Bayda parks in Riyadh, covering an area of ​​317,000 square meters

Riyadh Municipality begins implementing two large parks with an area of ​​317,000 m2 as part of the Quality of Life Program, to serve 1.4 million people and enhance green spaces in the capital.

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Construction has begun on Al-Jazira and Al-Dar Al-Bayda parks in Riyadh, covering an area of ​​317,000 square meters

The Riyadh Municipality has commenced construction on two major environmental and recreational projects in the south and east of the capital: Al-Jazira and Al-Dar Al-Bayda parks, covering a total area of ​​over 317,000 square meters. This strategic initiative is being undertaken in collaboration with the Quality of Life Program, a key component of the Kingdom's Vision 2030, with the aim of transforming Riyadh into a sustainable and people-friendly urban destination.

Project details and targeted locations

The municipality explained that the new project aims to serve more than 1.4 million residents in neighboring districts. An area of ​​147,700 square meters has been allocated for the creation of "Al-Jazira Park" in eastern Riyadh, which will serve more than 600,000 residents. In the south of the capital, work is underway on "Al-Dar Al-Bayda Park," covering an area of ​​169,500 square meters, to meet the needs of more than 795,300 residents, reflecting the municipality's commitment to the equitable geographical distribution of recreational services.

Urban development context and Vision 2030

This project is not just an addition to traditional recreational spaces, but comes within the context of a historic transformation that the Saudi capital is witnessing to increase the per capita share of green spaces, in line with the “Green Riyadh” initiative and the objectives of Vision 2030. These projects seek to humanize cities, improve the urban landscape, reduce carbon emissions and lower temperatures, which directly contributes to raising Riyadh’s ranking among the most livable cities in the world.

Integration with the transport network and vital facilities

One of the most notable features of the new designs is their integration with the public transport infrastructure; the Casablanca Park includes an integrated metro station, which facilitates access for visitors via the Riyadh Metro network and reduces reliance on private cars, a global trend in modern urban planning to promote environmental sustainability and ease of mobility.

Full-service entertainment destinations

The two parks are designed as vibrant community hubs, featuring expansive green spaces, dedicated pedestrian and cycling paths, and a variety of sports facilities that encourage residents to lead healthy lifestyles. The plans also include children's play areas, water features, a selection of restaurants and cafes, and spaces equipped to host cultural and community events and activities, fostering social connections among neighborhood residents.

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