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SAUDI VISION 2030

Pediatrician by day, barista by night: Why this Saudi doctor works two jobs

Monday, 20 November 2017

By 3:30 pm on weekdays, Bassil al-Tami swaps his medical scrubs for an apron and transitions from being a pediatrician by day to a barista at night. The Saudi pediatrician says many people find both his professions contradict one another, but insists he is no exception. Al-Tami spends the first part of his day treating young children who visit the hypnotherapy department at the hospital where he works, diagnoses their cases and prescribes them with the necessary treatment. By four pm, the doctor ...

Saudi budget report puts Q3 revenue at $37.9 billion

Sunday, 19 November 2017

A Saudi finance ministry budget report released on Sunday put the kingdom's total third quarter revenue at 142.1 billion riyals ($37.9 billion), up 11 percent year-on-year. The Q3 report affirmed Saudi Arabia's commitment of transparency and financial disclosure, as key factors which are consistent with the Kingdom Vision 2030 and its objectives. The report highlights the progress in achieving the defined objectives within the Financial Balance Program.The report's results showed an ...

Has Vision 2030 changed the world’s view of Saudi Arabia?

Tuesday, 31 October 2017

After expressing my opinion, I asked my European friend what he thought about our Saudi Vision 2030. He was careful to say that it was too early to make a judgment. “The Vision,” he explained, “is too huge to pass uneducated casual opinion on without giving it the proper study, analysis and time.”I agreed, but still I requested his opinion. “I believe that you don’t have much of an option,” his answer came. “You are running out of oil and resources ...

Dr. Khaled M. Batarfi

The Saudi revolution: It’s time for skeptics to stop doubting

Monday, 30 October 2017

It is time for the skeptics to stop expressing their doubt and surprise, to stop rubbing their eyes and start immersing themselves in the wave of change happening in the Kingdom of Saudi Arabia. Everyone, including the citizens of GCC and Arab countries, need to be aware that this Saudi renaissance today is bigger and more comprehensive than just the kingdom, and more impactful than you may think. We are facing a socio-economic revolution spearheaded by the leaders of the country of leaders, ...

Sawsan Al Shaer

Saudi finance minister: We allocated $54 bln to stimulate the private sector

Sunday, 29 October 2017

Saudi Finance Minister Mohammed Al-Jadaan has affirmed that the growth of the non-oil private sector will accelerate with the continued stimulus package for this sector and expects to announce new stimulus packages before the end of the year in consultation with the sector to create new jobs for the Kingdom's citizens.On the other hand, he pointed out in an interview with Al Arabiya regarding the rise of the income from the oil industries despite Saudi Arabia’s decision to reduce ...

ANALYSIS: How Saudi Crown Prince’s promise of ‘moderate Islam’ shifts power

Saturday, 28 October 2017

The Crown Prince of Saudi Arabia is charting a new, more modern course for a country known as so conservative. Since catapulting to power, Mohammed bin Salman has pushed forth changes that could usher in a new era for one of the United States’ most important allies. He’s introduced musical concerts and movies again and is seen as the force behind the king’s decision to grant women the right to drive as of next year. When social openings in the kingdom were taking place four ...

From Saudi Arabia’s historic unification to its modernization battles

Saturday, 28 October 2017

After the kingdom of Saudi Arabia was united by founder King Abdul Aziz, our country was transformed from rival tribes and scattered regions into a prestigious and existed entity. After the unification came the foundation stage, then came the construction phase. These hard times united us and gave us a prestigious homeland and an identity we are proud of. During this period, the first step of which was taken by Harba Ibn Jalawi at Bab al-Masmak, our country experienced many crises and was able ...

Saad Al-Sowayan

Rubenstein: Saudi change is similar to the difference between night and day

Thursday, 26 October 2017

The chairman one of the world's largest investment firms, the Carlyle Group, described the Saudi investment environment before and after the introduction of Vision 2030 as the difference between day and night. In an interview with Al Arabiya news channel on the sidelines of the Future Investment Initiative, David Rubenstein, said that the kingdom has become more attractive for foreign investment after the introduction of Vision 2030. "I have been in Saudi Arabia for more than 25 years and I ...

UK Times hails Saudi crown prince’s ‘riyal diplomacy’ to lead world economy

Monday, 23 October 2017

Riyadh has sent a clear message of its desire to move away from the oil-dependent economy, diversify its resources, and put Saudi Aramco for initial public offering (IPO). According to the British newspaper The Times, Saudi Arabia seeks to be the world’s largest technology investor; based on Crown Prince Mohammed bin Salman’s Vision 2030 to construct a new post-oil economy. The Saudi Crown Prince’s vision is set to expand economic assets and launch strategic projects within and ...

Saudi Public Investment Fund to launch ‘Rou’a Al Madinah’ Company

Monday, 2 October 2017

Saudi Arabia’s Public Investment Fund (PIF) has announced the establishment of the “Rou’a Al Madinah” company, which will deliver projects designed to increase capacity for pilgrims and visitors to the Prophet’s Mosque, while also enriching spiritual and cultural experiences across the holy city of Al Madinah.The company’s establishment is in line with Saudi Arabia’s Vision 2030, which aims to provide an opportunity for the largest possible number of ...

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