‍Tourism & Entertainment

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What’s Driving Growth?
Saudi Arabia is investing over $800B into tourism, aiming for 150 million visitors annually by 2030. Projects like NEOM, The Red Sea Project, and Diriyah Gate are reshaping the Kingdom’s image.

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How You Can Benefit:

• Investors: Fund resorts, theme parks, and experience-based businesses.
• Entrepreneurs: Launch tour companies, heritage apps, or cultural experiences.
• Professionals: Career paths in hospitality, digital marketing, and event management.

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Tip: Align your offerings with Saudi culture and sustainability goals.

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Renewable Energy

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What’s Driving Growth:
The Kingdom plans to generate 50% of electricity from renewables by 2030. Projects like Sakaka Solar Plant and Dumat Al Jandal Wind Farm are already operational.

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How You Can Benefit:

• Investors: Capitalize on solar, wind, and hydrogen infrastructure.
• Entrepreneurs: Offer services in energy storage, grid tech, or smart homes.
• Professionals: Seek roles in engineering, sustainability consulting, and tech management.

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Tip: Look into KAEC or other special economic zones for incentives.

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Technology & Innovation

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What’s Driving Growth:
With massive government backing (think SDAIA, DGA, Misk), Saudi Arabia is becoming a regional tech hub, especially in AI, Fintech, and Cybersecurity.

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How You Can Benefit:

• Investors: Fund early-stage startups or expansion into Saudi markets.
• Entrepreneurs: Build platforms in healthtech, edtech, or logistics.
• Professionals: Roles in software engineering, data science, and IT security are booming.

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Tip: Register with Monsha’at to access grants, incubators, and business support.

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Logistics & Supply Chain

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What’s Driving Growth:
Located at a global crossroads, Saudi Arabia is building world-class ports, smart logistics parks, and rail links. The National Transport and Logistics Strategy (NTLS) is key.

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How You Can Benefit:

• Investors: Invest in port tech, warehousing, and logistics parks.
• Entrepreneurs: Offer last-mile delivery, freight automation, or eCommerce fulfillment.
• Professionals: Look into positions in SCM, freight analysis, and transport planning.

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Tip: Start in hubs like Jeddah, Riyadh, or Dammam for better infrastructure.

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Healthcare & Biotechnology

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What’s Driving Growth:
Saudi Arabia aims to privatize 65% of the healthcare sector and build a biotech R&D ecosystem. There’s strong government push behind digital health and innovation.

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How You Can Benefit:

• Investors: Fund clinics, labs, or telehealth platforms.
• Entrepreneurs: Launch AI diagnostic tools, remote care platforms, or wearable health solutions.
• Professionals: Demand is high for doctors, data scientists, researchers, and engineers.

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Tip: Work with the Ministry of Health and Saudi FDA for smoother entry.

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Final Thoughts

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Saudi Arabia’s transformation is real - and accelerating. It’s no longer about “waiting to see” - the opportunity is now.

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Whether you're looking to invest, build, or work, sectors like tourism, renewable energy, and tech are open and growing fast.

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Quick Tips to Succeed in Saudi Arabia

• Stay Updated: Follow Vision 2030 updates and sector-specific strategies.
• Build Local Partnerships: Collaborate with Saudi firms for market entry.
• Respect the Culture: Understand legal, cultural, and religious contexts.
• Plan Long-Term: Most megaprojects span 5–10 years - timing is key.

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Contact and Disclaimer

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Subscribe to our blog for insights on business, innovation, and investment in Saudi Arabia.

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Should you have any questions regarding the above information, or require assistance with your immigration or global mobility matters, please don’t hesitate to contact our legal team at Hudson McKenzie. You can reach us by email at londoninfo@hudsonmckenzie.com or by telephone at +44 (0) 20 3318 5794.

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For office locations, please visit our Our Offices page.

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The information provided in this blog is for general guidance only and does not constitute legal advice.

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