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Saudi Arabia continues to boost GDP away from oil on the 6ths anniversary of 2030

Saudi Quarterly Budget Registers Record Surplus

Monday marked the sixth anniversary of the announcement of Vision 2030 in the Kingdom of Saudi Arabia, and the announcement of His Royal Highness, Prince Mohammed bin Salman, the start of a new era of the future of Saudi Arabia,

This era depends on the Kingdom’s non-oil economy and seeks to benefit from the Kingdom’s capabilities and its natural and tourism resources, among others.

Vision 2030 & Entertainment Sector

The Kingdom’s Vision 2030 has opened the door to profiting from Saudi Arabia’s entertainment sector while also promoting the country’s best and most popular tourism spots. Seasons of the Kingdom began; they were to contribute a significant portion of the Kingdom’s overall output.

The Saudi Seasons are expected to debut the Riyadh Season on October 11, 2022, and it will endure for 70 days, ending on December 15, 2022. The season is expected to attract almost 20 million visitors and over 100 activities throughout a 14 million square meter area and 12 designated locations.

Programs and segments of the Riyadh season 2022

Among the most important entertainment destinations in the Riyadh season, 2022 are Riyadh Boulevard, Riyadh Front, Riyadh Safari, Car Show in Riyadh, Riyadh Winter Wonders, Playgrounds in Riyadh, Diplomatic Quarter, Wadi Namar, Riyadh Al Nabd.

The revenues of the Riyadh season 2021 amounted to more than 550 million riyals.

After the end of the Riyadh Season activities, the Diriyah Season – one of the Saudi Seasons events – starts from November 22, 2022, to December 21, 2022.

Before the end of the Diriyah season, the Al-Ula season starts from December 19, 2022, to March 7, 2022, while the cold season begins on December 22, 2022, and ends on November 10, 2022.

While the Eastern Province season begins on March 14, 2022, and ends on March 30.

With the summer season, Saudi Arabia celebrates the Jeddah season which is scheduled to start on June 8, 2022, and end on July 18, 2022, while the hurricane season is scheduled to start on August 1, and until then,

This coincides with the Soudah season on August 13, then the celebration of the National Day begins on September 19 and continues until September 23.

The Kingdom tops the Internet speed indicators

The Kingdom of Saudi Arabia has achieved wide stability in the field of Internet speed; To provide an attractive business environment for global investments, and the Kingdom ranked fifth globally out of 140 countries, in the Mobile Internet Speed ​​Index,

It has advanced 7 ranks during the current year 2021 compared to its performance in the previous year 2020.

Saudi Arabia and the e-Government

The Kingdom of Saudi Arabia has recorded remarkable progress over the past years in the e-government development index. It jumped nine places in 2020 from its ranking in 2018.

It ranked 43 globally out of 193 countries, according to the report issued by the United Nations on monitoring and evaluating government actions.

lib 22 conferences and moving the headquarters of international companies to Riyadh

The lib 22 conferences, which were hosted under His Royal Highness Prince Mohammed bin Salman’s patronage, culminated in the signing of agreements to relocate global firms’ headquarters to Riyadh and to make Riyadh a destination for the world’s top investors.

The activities of the LEAP22 International Technology Conference witnessed the opening of Huawei Consumer Business Group, a new store in Riyadh, which is the largest international flagship store.

The opening was attended by His Royal Highness Prince Faisal bin Bandar bin Sultan; President of the Saudi Federation for Electronic Sports, and some ministers and senior executives.

The store has a simple design, despite its expansion of more than 2,000 square meters, and visitors to the new Huawei flagship store will be able to enjoy a rich and full-fledged experience.

Huawei’s strategic vision is in line with the Kingdom’s 2030 vision, to attract more business, enable continuous knowledge transfer, and contribute to the development of the retail sector in the Kingdom.

The store was designed to reflect the lifestyle in Saudi Arabia, which is represented by widespread intelligence, and shows how Huawei technology can enhance the daily lives of consumers in the Kingdom.

Huawei opened the store as part of its broader plan to expand its reach within the Kingdom, and demonstrate its commitment to accelerating the process of digital awareness.

It is noteworthy that the Kingdom’s Vision 2030 was announced on April 25, 2016, and since then the Kingdom has continued to progress in all fields.

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