Saudi Vision 2030

Escode’s Middle East director outlines practical steps for organisations in Saudi Arabia to implement software escrow following the CST guideline, covering verification, governance, and SaaS considerations.

LG Electronics reported combined revenue of KRW 6.2 trillion in Saudi Arabia, India and Brazil in 2025, up more than 20 percent from 2023. The company targets a doubling of that figure by 2030 through localized production and market-specific strategies.

Sumerge and the Ministry of Human Resources and Social Development marked the completion of three digital government projects in Riyadh on March 1, 2026. The projects support Saudi Vision 2030 objectives.

ACHEMA Middle East debuts in Riyadh October 26-28, 2026, bringing century-long expertise in chemical engineering and process technology to support Saudi Arabia’s industrial transformation under Vision 2030.

Boston Consulting Group concluded its seventh Jeel Tamooh program, training over 150 Saudi university students in consulting fundamentals through six months of mentorship and practical workshops.

Emerson received the 2026 Saudi Aramco Local Manufacturers Quality Award for manufacturing excellence. The recognition aligns with Vision 2030 and IKTVA program goals.

Aljazira Bank donated SAR 1 million to the Ehsan platform for the sixth National Charity Campaign. The move supports Saudi Vision 2030 community goals.

Tonomia and EpicSemi have stated their intent to localize the TonoForge AI platform in Saudi Arabia, targeting industrial sectors including oil, gas, and mining.

Saudi Arabia joined the Global Partnership on Artificial Intelligence at the India AI Impact Summit. The Kingdom became the first Arab nation in the 46-member coalition.

King’s College Hospital London – Jeddah marks one year of full operations on Saudi Founding Day. The facility advances healthcare with specialized services and British expertise under Vision 2030.

SDAIA President Abdullah Al-Ghamdi outlined Saudi Arabia’s three-pillar AI strategy at the India AI Impact Summit 2026, citing over 1.2 million trainees reached through the Samai initiative.

Euro Systems has opened its first Saudi showroom in Riyadh’s Al Olaya district, offering a 3,552 sq. ft. space for architectural product evaluation and technical consultation.

Saudi Arabia’s SDAIA participated in the AI Impact Summit 2026 in New Delhi, joining delegates from over 70 countries to advance global AI cooperation and ethical AI governance.

Radisson Hotel Madinah officially opened on February 18, 2026, backed by the Tourism Development Fund. The four-star, 165-room property sits near Quba Mosque in Madinah.

The Saudi Esports Federation signed MoUs with ROC Esports and Team Stallions to develop national talent and expand the Kingdom’s esports ecosystem.

Coursera’s Job Skills Report 2026 shows Generative AI skills enrollment in Saudi Arabia surged 312% year-over-year, with Business Management and Product Management also seeing rapid growth.

Ford MYNM launched a dedicated commercial vehicle division at the World Defense Show 2026 in Riyadh. The company also displayed a modified Ford Everest with a Police Fast Response Kit developed with CODE3.

Riyadh’s office market maintained 98.5% Grade A occupancy in Q4 2025, with average rents reaching SAR 2,333 per sqm and over 700 global companies establishing regional headquarters.

PwC Middle East report states Saudi Arabia’s non-oil economy, now 56% of GDP, is entering an export-driven growth phase focused on competitiveness and productivity.

Moody’s Corporation establishes regional headquarters in Riyadh, expanding its presence in Saudi Arabia to support capital market development and Vision 2030 initiatives.

Mastercard and Google launched Google Pay for cardholders in Saudi Arabia, enabling contactless payments via Android smartphones with tokenization security technology.

METCO Saudi Arabia signed strategic defense localization agreements at World Defence Show with Smiths Detection, Teledyne FLIR, and Destinus to support Saudi Vision 2030 industrial goals.