What Drives the Saudi Economy Today?

For decades, oil powered Saudi Arabia’s rise — shaping its economy, cities, and global role. Today, that dominance is slowly giving way to a new vision: one built on diversification, innovation, and opportunity across sectors from tourism to renewable energy. Saudi Arabia’s transformation is visible not just in its mega-projects but in the changing rhythm of its economic life.

by Dahlia Rahaimy | 12th Nov 2025