The Tourism Development Fund (TDF) launched its Tourism Hackathons Programme on April 28, 2026, through TDF Grow, to foster innovative, entrepreneur-led solutions that support Saudi Arabia’s tourism sector and contribute to Vision 2030 economic goals.
Saudi Arabia’s tourism, hospitality, and events sectors have transformed under Vision 2030. By 2025, tourism contributed 5% of GDP, attracted 123 million visitors, generated SAR300 billion ($80 billion), and supported strong non-oil economic growth.
The first and second phases of Saudi Arabia's Vision 2030 have delivered a qualitative leap in the Kingdom’s development, achieving a comprehensive transformation across economic and social sectors, said His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Council of Economic and Development Affairs.
Siemens, a industrial technology major, has announced the official opening of its first Siemens Digital Industries Software office in Saudi Arabia, thus marking a significant step in its commitment to supporting the Kingdom's Vision 2030 and its rapidly expanding digital economy.
The inaugural WTM Spotlight Riyadh, which will take place from September 8 to 10 at the Riyadh Front Exhibition & Convention Center (RFECC), will focus on the large-scale hotel development, and the increasing influence of Saudi travellers at home and abroad.
Saudi Arabia has suspended planned construction of a colossal cube-shaped skyscraper named Mukaab at the centre of a downtown development in Riyadh while it reassesses the project's financing and feasibility, Reuters said quoting four people familiar with the matter.
As global investment flows slow, Saudi Arabia is moving in the opposite direction. The Kingdom’s disciplined approach to reform, policy certainty and execution under Vision 2030 have created a rare strategic edge in today’s volatile world: stability that investors can trust.
