SAUDI VISION 2030

The Vanderbilt Terminal for Saudi Arabia's National Transformation

INDEPENDENT GLOBAL INTELLIGENCE FOR THE KINGDOM OF SAUDI ARABIA

Non-Oil GDP Share: 76% ▲ -7.7pp vs 2020 | Saudi Unemployment: 3.5% ▲ -0.5pp vs 2023 | PIF AUM: $941.3B ▲ +$345B vs 2022 | Inbound FDI: $21.3B ▼ -6.4% vs 2023 | Female Participation: 33% ▲ -1.1pp vs 2023 | Credit Rating: Aa3/A+ ▲ Moody's / Fitch | GDP Growth: 2.0% ▲ +1.5pp vs 2023 | Umrah Pilgrims: 16.92M ▲ vs 11.3M target | Non-Oil GDP Share: 76% ▲ -7.7pp vs 2020 | Saudi Unemployment: 3.5% ▲ -0.5pp vs 2023 | PIF AUM: $941.3B ▲ +$345B vs 2022 | Inbound FDI: $21.3B ▼ -6.4% vs 2023 | Female Participation: 33% ▲ -1.1pp vs 2023 | Credit Rating: Aa3/A+ ▲ Moody's / Fitch | GDP Growth: 2.0% ▲ +1.5pp vs 2023 | Umrah Pilgrims: 16.92M ▲ vs 11.3M target |

Aluminium

All Articles

sector

Ma'aden Strategy: Building Saudi Arabia's Mining Champion

Analysis of Ma'aden's corporate strategy covering phosphate, aluminium, gold, and new mineral targets under Vision 2030.

Feb 22, 2026

sector

Saudi Aluminium Industry: Smelting, Processing, and Downstream Ambitions

Analysis of Saudi Arabia's aluminium sector covering Ma'aden-Alcoa, Ras Al Khair smelter, and downstream manufacturing.

Feb 22, 2026

institutions

Saudi Arabian Mining Company (Ma'aden): Role in Saudi Vision 2030

Ma'aden is Saudi Arabia's national mining champion, developing $1.3 trillion in mineral wealth across gold, phosphate, aluminium, and base metals.

Feb 22, 2026