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For decades, Saudi Arabia has been synonymous with oil, commanding a central role in global energy markets as the world’s largest crude exporter. However, beneath this legacy of hydrocarbons lies a nation undergoing one of the most ambitious economic transformations of the 21st century. As part of its bold Vision 2030 reform plan, Saudi Arabia is redefining its identity, not just as a leader in conventional energy but as a future powerhouse in renewable energy.

Saudi Arabia has recently made a significant announcement that will shape the future of its economy, infrastructure, and international business landscape. The Kingdom issued its first tender to construct the Riyadh Expo 2030 venue, marking the beginning of a monumental development that promises to transform the country. This major milestone sets the stage for the Expo 2030 Riyadh project, which is being led by the Expo 2030 Riyadh Company (ERC).

Saudi Arabia’s tourism sector is entering a new era. With Vision 2030 as the foundation, the Kingdom is positioning itself as one of the world’s most dynamic tourism destinations. More than SAR 3 trillion has already been committed to projects like Diriyah Gate, Soudah Peaks, Jeddah Central, and King Salman Park, while Expo 2030 Riyadh promises to draw more than 40 million visitors between October 2030 and March 2031.