Saudi Arabia

Saudi Arabia has the largest economy in the Middle East, built on the world's second-largest oil reserves, which have made it a dominant force in global energy markets and the de facto leader of OPEC.

Under its 'Vision 2030' plan, the kingdom is pouring oil wealth into an ambitious effort to diversify — building tourism, entertainment, technology, and giga-projects such as the futuristic city NEOM — to prepare for a post-oil era.

Key Sectors

The economy is dominated by oil and petrochemicals (centered on the state giant Aramco), with rapidly growing investment in tourism, entertainment, mining, logistics, and technology under Vision 2030.