https://vision2030.ai/tags/2018/Recent content in 2018 on SAUDI VISION 2030 Intelligence PlatformHugoenSat, 18 Apr 2026 00:00:00 +0000https://vision2030.ai/tracker/annual/2018-review/Sun, 22 Feb 2026 00:00:00 +0000https://vision2030.ai/tracker/annual/2018-review/<h2 id="executive-summary">Executive Summary</h2> <p>2018 was the year <a href="https://vision2030.ai/encyclopedia/vision-2030/">Vision 2030</a> began translating ambition into tangible, visible change. The introduction of VAT at 5%, the lifting of the decades-long cinema ban, and the historic decision to allow women to drive represented a triple inflection point that signalled the irreversibility of the reform agenda. New economic legislation including the Bankruptcy Law and a national mining strategy laid institutional foundations for private sector development, while the establishment of the Ministry of Culture underscored the Kingdom&rsquo;s commitment to social transformation alongside economic diversification.</p>