Vision 2030 Annual Progress Review 2019

Sun, 22 Feb 2026 00:00:00 +0000

Executive Summary

For the full Vision 2030 framework and programme descriptions, see the dedicated analysis sections. Investment analysis and sector coverage provide additional context.

2019 was defined by two landmark events that validated Vision 2030’s transformational ambition: the Aramco IPO, which raised USD 25.6 billion in the world’s largest-ever initial public offering, and the introduction of tourist visas, which opened Saudi Arabia to international leisure travel for the first time. The establishment of the Ministry of Investment (MISA) and the allowance of 100% foreign ownership in select sectors created the institutional architecture for foreign capital attraction. It was a year where global capital markets and international visitors were invited into a Saudi economy being deliberately redesigned for openness.

2019 on SAUDI VISION 2030 Intelligence Platform

Vision 2030 Annual Progress Review 2019

Executive Summary