Saudi Vision 2030

sarcc Signs Agreement with MAWREF for 12,000-Bed Worker Accommodation in Riyadh
sarcc and MAWREF signed an agreement to develop a 12,000-bed worker accommodation project in North Riyadh with operations starting in Q1 2029.

Saudi Arabia Leads EMEA in Cloud Security Adoption with 13% Market Share
Saudi Arabia leads EMEA with 13% cloud security adoption and 43% budget growth in physical security, according to Genetec’s 2026 report.

MBSC Graduates 596 Students in Largest Class to Date
MBSC held its 8th graduation ceremony, honoring 596 graduates from the Class of 2026, the largest in the college’s history, with 97% Saudi nationals and 33% women.

MBRF Sponsors Makkah Halal Forum as Diamond Partner Supporting Saudi Food Security
MBRF joins Makkah Halal Forum 2026 as Diamond Sponsor, reinforcing 50-year commitment to Saudi food security through expanded HPDC partnership and local production capabilities.

Prince Mohammed bin Salman Royal Reserve School Art Competition Sees 324% Growth in Participation
Prince Mohammed bin Salman Royal Reserve’s second annual School Art Competition received over 1,600 entries from 120 schools, marking a 324% increase in participation and demonstrating strong community engagement in environmental conservation.

Saudi Ministry Deploys AI Robots to Serve Participants in King Salman Quran Competition
Saudi Arabia’s Ministry of Islamic Affairs introduces AI-powered robots to serve participants in the 27th King Salman Quran Competition, offering multilingual support in over 95 languages.

Saudi Aramco and Microsoft Sign MoU to Accelerate AI Adoption in Industrial Sector
Saudi Aramco and Microsoft sign strategic MoU to accelerate AI adoption in the industrial sector, enhance digital capabilities, and develop workforce skills across Saudi Arabia.

Saudi Consumer Spending Outlook for 2026 Remains Among Strongest Globally, AlixPartners Study Reveals
Saudi consumers plan to increase spending in 2026 with a +4% net rise in intentions, contrasting sharply with global decline, according to AlixPartners study.

Lockheed Martin and AIC Steel Expand THAAD Weapon System Manufacturing in Saudi Arabia
Lockheed Martin and AIC Steel expand THAAD missile defense component manufacturing in Saudi Arabia, advancing Vision 2030 localization goals.

Ericsson and specialized by stc Sign MoU to Advance Mission-Critical Connectivity for Public Safety
Ericsson and specialized by stc sign MoU to develop advanced mission-critical connectivity for Saudi Arabia’s first responders and public safety ecosystem.

Saudi Arabia Unveils HEET Armored Vehicles with Full Indigenous Design and Manufacturing
Saudi Arabia unveils HEET Armored Vehicles with full indigenous design at World Defense Show 2026, marking a strategic milestone in defense industrial sovereignty and Vision 2030 objectives.

ELT Group and Pioneers Technical Systems Sign Strategic MoU at World Defence Show 2026
ELT Group and Pioneers Technical Systems signed a strategic MoU at World Defence Show 2026 in Riyadh to enhance local manufacturing of defence electronics components.

World Defense Show 2026 Highlights Saudi Capabilities and National Talent Development
World Defense Show 2026 enters its fourth day in Riyadh, spotlighting national talent development and defense capabilities with 1,468 exhibitors from 89 countries.

Saudi Arabia Launches HEET Armored Vehicles with Full Local IP and Design
Saudi Arabia unveils HEET Armored Vehicles with complete local intellectual property and design, marking a strategic leap in national defense manufacturing capabilities.

TASARU Supplier Hub Secures Five Global Suppliers to Accelerate Saudi Arabia’s Automotive Future
TASARU Supplier Hub secures partnerships with five global Tier-1 automotive suppliers to localize manufacturing in Saudi Arabia, advancing Vision 2030 goals.

Saudi Real Estate Refinance Company Signs Deal with Saudi Awwal Bank to Boost Housing Market
Saudi Real Estate Refinance Company signs portfolio purchase agreement with Saudi Awwal Bank to enhance housing market liquidity and support Vision 2030 homeownership goals.

Tourism Development Fund Signs MoU with Palladium Hotel Group to Boost Saudi Tourism
Tourism Development Fund signs strategic MoU with Palladium Hotel Group to explore hospitality development opportunities in Jeddah and Yanbu, advancing Saudi Vision 2030.

Lockheed Martin and ERAF Partner to Develop Uncrewed Turret Technology in Saudi Arabia
Lockheed Martin and ERAF Industrial Co. Ltd. sign MOU to develop uncrewed turret technology in Saudi Arabia, advancing Vision 2030 defense manufacturing goals.

ELT Group and D-Orbit Sign Strategic Space Cooperation Framework for Saudi Vision 2030
ELT Group and D-Orbit sign strategic cooperation framework in Riyadh to advance Saudi Arabia’s space sector capabilities aligned with Vision 2030 objectives.

Qassim Health Cluster Showcases Care Link Initiative at Saudi Healthcare Model Forum 2026
Qassim Health Cluster presents Care Link initiative at Saudi Healthcare Model Forum 2026, transforming patient care through integrated healthcare journey coordination.

SDAIA President Highlights Saudi Arabia’s Role as Global Platform for Smart Defense at World Defense Exhibition 2026
SDAIA President Dr. Al-Ghamdi emphasizes Saudi Arabia’s role as a global platform for smart defense innovation during his visit to World Defense Exhibition 2026 in Riyadh.

Gartner Advisory Council Members Explore Saudi Arabia’s AI and Digital Transformation Journey
Gartner Advisory Council members visited Saudi Arabia to explore the Kingdom’s pioneering achievements in data, AI, and digital transformation, meeting with SDAIA and touring key technology institutions.
