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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’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.

Starting in January 2026, Saudi Arabia will open its real estate market to foreign investors, with a new law allowing non-Saudis to purchase property within designated areas. This historic change is set to transform the Kingdom’s real estate market, particularly in cities like Riyadh and Jeddah, which are seeing significant urban development and infrastructure growth. However, special conditions will apply for property ownership in Makkah and Madinah, where certain properties remain restricted.