‘Record achievements, promising indicators’: 2024 annual report for Vision 2030 released

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Saudi Arabia’s achievements in less than a decade under the Vision 2030 program has made it a global model for transformation, King Salman said on Friday. (SPA)
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Updated 25 April 2025
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‘Record achievements, promising indicators’: 2024 annual report for Vision 2030 released

  • Speaking nine years on from launch, King Salman said Kingdom would continue ‘journey of progress forward’
  • Crown Prince Mohammed bin Salman said he was proud of what the nation had achieved under the program

RIYADH: Saudi Arabia’s achievements in less than a decade under the Vision 2030 program has made it a global model for transformation, King Salman said on Friday.

Speaking on the ninth anniversary of the announcement of the Kingdom’s widespread economic and social reforms, the king said the country will continue together the construction process to achieve more sustainable development for future generations.

“We praise God for the remarkable progress our nation has achieved in less than a decade – progress that has positioned Saudi Arabia as a global benchmark for transformation,” he said.

“We take great pride in the unwavering dedication of our citizens, whose efforts have laid the foundations for a new era of growth. Together, we carry the journey of progress forward, united in shaping the future of our country for generations to come,” he added.

Crown Prince Mohammed bin Salman said he was proud of what the nation had achieved under the program and that there was renewed determination to strengthen Saudi Arabia's position as a leading country in the world.

“Nine years into Vision 2030, we stand proud of what our people have accomplished,” Prince Mohammed said.

“They have turned ambition into action and goals into milestones. We have not only met key targets – we have surpassed many.

“Looking ahead, our resolve is stronger than ever. We will accelerate delivery, embrace every opportunity, and further elevate the Kingdom’s position as a global leader,” he added.

Kingdom Accelerates Toward Vision 2030: Record Achievements and Promising Indicators

A report released by the government to coincide with the anniversary said 85 percent of the more than 1,500 Vision 2030 initiatives had been completed or are on track, the Saudi Press Agency reported.

Eight goals of the program had been achieved six years ahead of time.

The Kingdom’s unemployment rate had dropped to a historic low, achieving the 2030 target of 7 percent and 2.4 million Saudi men and women now work in the private sector.

The private sector’s contribution to Saudi Arabia’s GDP has exceeded the 2024 target and the assets of the Kingdom’s Public Investment Fund (PIF) have more than tripled since Vision 2030 was launched.

The report said Saudi Arabia had advanced 20 places in the Global Competitiveness Index to 16th place. Saudi household ownership had reached more than 65 percent, exceeding the 2025 target.

International tourism revenues increased by 148 percent compared to 2019 and the agricultural sector has increased its contribution to the GDP, reaching 114 billion riyals.

Education has also been boosted with four Saudi universities now ranked among the top 500 universities in the world.

The Public Investment Fund (PIF) saw its assets under management triple to reach 3.53 trillion riyals ($940.8 billion), the report said.

Private sector participation has also strengthened, now accounting for 47 percent of the Kingdom’s gross domestic product, while the localization of the military industries sector advanced significantly, with local content reaching 19.35 percent, a major leap from just 7.7 percent in 2021.

The agricultural sector contributed 114 billion riyals to the national GDP in 2024.

Saudi Arabia’s appeal as a regional business hub continues to rise, with over 571 international companies now establishing their regional headquarters in the Kingdom.

By the end of 2024, over 850,000 Saudi families had achieved home ownership, contributing to a rise in overall home ownership rates among Saudi households, which reached 65.4 percent. This was up from 47 percent in 2016 and already surpassing the target for the year.

Healthcare coverage now extends to 96.4 percent of population centers, placing the Kingdom within striking distance of its 2030 goal of 99.5 percent.

The push for healthier lifestyles is bearing fruit, with 58.5 percent of adults now engaging in at least 150 minutes of weekly physical activity, above the 2024 target. Among children and adolescents, 18.7 percent meet the daily 60-minute activity recommendation. These efforts have contributed to a rise in average life expectancy, which now stands at 78.8 years, edging closer to the Vision 2030 target of 80 years.

Digital transformation in the justice sector has also increased, with 98 percent of litigation sessions conducted electronically in 2024, which amounts to over 2.3 million digital court hearings.

Additionally, more than 5.3 million electronic powers of attorney were issued, benefiting over six million individuals.

Saudi Arabia’s tourism and entertainment sectors saw growth in 2024, reinforcing the Kingdom’s ambition to become a global cultural and leisure destination.

The country welcomed over 100 million tourists, exceeding its Vision 2030 target, while 76.9 million visitors attended entertainment events. Tourism revenue soared, with international tourism earnings up 148 percent compared to 2019.

Major development projects continue to take shape. In Qiddiya, the Aquarabia water park reached 81 percent completion, while Six Flags progressed to 87 percent.

Madinah was ranked among the world’s top 100 tourist cities, and AlUla became the first Middle Eastern destination to receive accreditation from Destinations International.

The Kingdom also advanced its position as a global sports and gaming hub. It secured the rights to host the 2034 FIFA World Cup, which will be the tournament’s largest edition to date and the first to be hosted solely by one nation. Meanwhile, the inaugural Esports World Cup was successfully launched.

On the cultural front, 16 Saudi cultural elements were added to UNESCO’s Intangible Cultural Heritage list.

King Saud University inaugurated the first specialized college of arts in the Kingdom, further strengthening the national creative sector. Saudi Arabia also made waves in the tech sphere with the ALLaM generative AI model, now integrated into IBM’s watsonx platform — enhancing Arabic-language content across international platforms.


Saudi authorities close 996 establishments over health violations 

Updated 03 July 2025
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Saudi authorities close 996 establishments over health violations 

RIYADH: A total of 5,912 inspections covering 4,307 establishments were carried out across the Kingdom by the Saudi Food and Drug Authority in April and May.

A total of 996 were shut down due to various violations, while 136 were closed for operating without required licenses and for product safety breaches.

Additionally, production lines at 127 establishments were halted and 1,750 types of products were seized.

The initiative is part of the SFDA’s efforts to ensure compliance with approved regulations and to uphold high quality standards.

At one food establishment, inspectors found raw materials of an unknown origin, employees without health certificates, the absence of a tracking system and inadequate measures being taken to prevent cross-contamination. These led to the closure of the business and the implementation of necessary legal measures.
 


Need for global collaboration to fight drought stressed

Updated 03 July 2025
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Need for global collaboration to fight drought stressed

  • Saudi Arabia, along with partners, launched the Riyadh Global Drought Resilience Partnership on the first day of the 4th International Conference on Financing for Development

RIYADH: As part of the Kingdom’s efforts to mitigate the impacts of desertification, improve air quality and achieve its sustainable development goals, Saudi Arabia, along with partners, launched the Riyadh Global Drought Resilience Partnership on the first day of the 4th International Conference on Financing for Development.

Held in Seville, Spain, from June 30 to July 3, the four-day event saw the participation of 70 countries, including attendance by local and international ministers, environmental organizations and financial development entities.

Among the participants was Saudi Deputy Minister for Environment, Water and Agriculture Osama Faqeeha.

Faqeeha, who is also the adviser to the 16th session of the Conference of the Parties Presidency, emphasized the significance of collaborative efforts and innovation to address the escalating threat of climate change that resulted in complicated and devastating environmental issues such as drought.

Faqeeha said: “The Riyadh Drought Resilience Partnership will serve as a global facilitator, a ‘one-stop shop’ for drought resilience, promoting the shift from reactive relief response after drought hits to proactive preparedness.

“We also seek to amplify global resources to save lives and livelihoods around the world.”

The deputy minister said that solutions should be applied through strategies and mechanisms to ensure enhanced resilience in the areas that were mostly affected by drought and climate change globally.

He praised the partnership with the International Drought Resilience Alliance, a global coalition that aims to build resilience against droughts and climate change. 

He said it was fundamental to bridging the gap between the political and financial aspects to ensure the achievement of long-term sustainable development objectives.

The discussion highlighted some of the national efforts and strategies for environmental sustainability, including efforts by the OPEC Fund for International Development, the Islamic Development Bank and the CAF Development Bank of Latin America.


Saudi Shoura Council members visit Turkish parliament

Updated 03 July 2025
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Saudi Shoura Council members visit Turkish parliament

ANKARA: Members of the Saudi-Turkish Parliamentary Friendship Committee of the Saudi Shoura Council met with their counterparts from Turkiye during a visit to the country.

During the meeting, held in Ankara, the two sides reviewed ways to further boost their relations and discussed other topics of common interest.

The Saudi delegation also met with Numan Kurtulmus, president of the Turkish Grand National Assembly.
 


How AI is transforming Saudi businesses, from homegrown startups to global creative agencies

Updated 03 July 2025
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How AI is transforming Saudi businesses, from homegrown startups to global creative agencies

  • Small business owners are using smart tools to automate tasks like bookkeeping, customer service, and content creation with minimal resources
  • Platforms like Salla and QuickBooks help entrepreneurs manage online stores, financials, and logistics, saving time and boosting efficiency

RIYADH: Artificial intelligence is revolutionizing the landscape for small businesses, offering innovative solutions that enhance efficiency, creativity, and competitiveness. As technology evolves, many entrepreneurs are leveraging AI tools to streamline operations and drive growth.

One of the most significant advantages of AI is its ability to automate repetitive tasks. Tools like chatbots can handle customer inquiries around the clock, freeing up valuable time for business owners to focus on strategic initiatives.

This not only improves customer service but also enhances overall efficiency.

AI-powered analytics platforms can process vast amounts of data, providing actionable insights that help businesses make informed decisions based on market trends and consumer behavior. 

In this dynamic environment, AI is transforming small business operations.

A notable example is Hams Nabeel, a working mother who founded her business, Thikra, to preserve cherished memories for families.

“There was a clear need for my business idea,” she told Arab News. “Since I had my daughter, I wanted to preserve her hospital items — like her hat, blanket, and hand bracelet — all in one place.”

AI has become crucial in Nabeel’s entrepreneurial journey, streamlining various aspects of her operations. “ChatGPT helped me expand my business by crafting a clear structural plan,” she said.

What typically took weeks can now be accomplished in minutes, providing clarity when she faced uncertainties.

AI also assisted Nabeel in comparing 3D printers and defining her business’s vision. “AI guided me in crafting my mission and vision and even generated social media posts,” she said.

For financial management, she relies on QuickBooks, which automates tasks and offers valuable insights. Furthermore, Nabeel uses Salla, a website creation tool that simplifies online store management.

“Creating a business is so easy with Salla,” she said, allowing her to focus on creativity rather than technical details.

Screenshot of a page in the AI-enabled powered Salla platform.

In creative sectors, AI tools are essential for content creation and design. From generating social media posts to developing marketing materials, AI helps small business owners maintain a robust online presence without extensive resources.

“We have traditionally always been creatives before tech developers, but with AI it is now enabling us to combine both,” Denis Bodart, who operates a creative animation agency called Feed Me Light in London and Riyadh, told Arab News.

“We are now building more creative tools and AI products, including a new SaaS (Software as a Service) platform focused on the out-of-home advertising sector, which allows us to dynamically display content on various screens at once.

“Imagine walking through a city filled with screens that communicate and showcase engaging, interactive content. For example, the displays can respond to the latest football or esports results, presenting teams in an exciting manner.

“They can also adapt to weather conditions and customize their content based on audience presence in events, venues, and shops.”

Bodart highlighted how AI agents support his team. “By training AI agents to understand our business more, we can use these agents to help support our teams, providing a helping hand with more repetitive tasks such as receipts, bookings, data fetching, or even helping enhance our marketing and sales teams, amplifying our business’s online presence.”

He added: “For Saudi Arabia, the strategic integration of AI holds immense potential to create a truly transformative and positive impact on how they approach upcoming global events such as the Winter Olympics, Asian Cup, and World Cup events.

“This technology can significantly elevate fan engagement, optimize operations, and craft unparalleled experiences, setting new benchmarks for global sporting events hosted in the Kingdom.”

Denis Bodart, who runs a creative animation agency called Feed Me Light in London and Riyadh, says AI helps small business owners maintain a robust online presence without extensive resources. (Supplied)

Integrating AI allows small businesses to provide seamless customer experiences. Automating processes like order management and payment processing enhances customer satisfaction and loyalty.

“AI has completely changed the game for small creators like me,” Salwa Beauty, a prominent social media influencer in Saudi Arabia, told Arab News. “It’s like having a full creative team in your pocket.”

Salwa utilizes AI to generate content ideas, animate scenes, write captions, and redesign photos — tasks that once required extensive time and resources.

For her fitness content, Salwa has eliminated the need for models or physical products. “I can animate people, create scenes, and even showcase products being used — all without hiring anyone or incurring upfront costs,” she said.

This capability allows her to build a complete brand presence independently, showcasing the democratizing power of AI.

The freedom AI provides is substantial for small businesses. By enabling entrepreneurs to launch ideas, test visuals, and create professional content quickly and affordably, AI empowers them to stand out in a crowded market.

“AI is literally my assistant now,” said Salwa.

AI also reduces costs associated with traditional modeling. Additionally, AI facilitates content creation and scheduling, allowing businesses to maintain a consistent online presence effortlessly.

Platforms like Salla and Zid are enhancing the landscape for small businesses in Saudi Arabia. These platforms leverage AI to optimize customer interactions, enabling efficient order scheduling, carrier connections, and targeted marketing messages based on customer data.

Screenshot of a page in the AI-enabled Zid platform.

Such features not only save time but also enhance the overall customer experience.

AI has emerged as an invaluable asset for small businesses, offering innovative solutions that enhance productivity, creativity, and financial management. Integrating AI tools can significantly transform the entrepreneurial journey, enabling working mothers and small creators to thrive in today’s competitive market.

With AI as a partner, the possibilities for growth and success are limitless. As small businesses in Saudi Arabia continue to embrace these technologies, they open the door to a future where creativity and efficiency flourish, paving the way for new ideas and opportunities.

AI is a powerful ally for small businesses, empowering them to optimize operations, enhance marketing efforts, and improve customer experiences. As more entrepreneurs embrace these technologies, the potential for growth and innovation continues to expand.


 


Saudi crown prince receives phone call from German chancellor

Saudi Crown Prince Mohammed bin Salman and German Chancellor Friedrich Merz. (File/AFP)
Updated 03 July 2025
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Saudi crown prince receives phone call from German chancellor

  • During the call, Saudi-German relations and ways to strengthen them in a number of areas were discussed

RIYADH: Saudi Crown Prince Mohammed bin Salman received a phone call from German Chancellor Friedrich Merz on Thursday, Saudi Press Agency reported.

During the call, Saudi-German relations and ways to strengthen them in a number of areas were discussed.

Important developments and efforts made to enhance security and stability in the region were also discussed during the call, SPA said.