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Business Daily

Can Saudi Arabia move beyond oil?

18 min5 juli 2026

Sameer Hashmi travels to Riyadh to examine the progress of Vision 2030, an ambitious plan launched nearly a decade ago to transform one of the world's biggest oil producers into a more diverse economy. The kingdom has invested hundreds of billions of dollars in tourism, entertainment, sport and mega-projects, while introducing sweeping social reforms that have reshaped everyday life. But oil remains central to the economy, some flagship projects have been scaled back, and now the conflict with Iran is creating fresh uncertainty over the kingdom's plans to diversify its economy.

Presenter/producer: Sameer Hashmi

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(Picture: A Saudi man walks past the logo of Vision 2030 after a news conference in Jeddah, Saudi Arabia June 7, 2016. Credit: REUTERS/Faisal Al Nasser)

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