Vision 2030
Saudi Arabia's Tourism Growth Continues Despite Alcohol Ban, Says Developer
Oct 29, 2025 12:43 am CST
Saudi Arabia's luxury developer John Pagano affirms that the kingdom's alcohol prohibition won't hinder tourism growth, as the country invests $800 billion in tourism by 2030. With Red Sea Global developing 27 hotels and resorts, Saudi Arabia is transforming from a purely religious destination to a diverse tourism hub while maintaining its cultural values ahead of hosting the 2030 World Expo and 2034 World Cup.
Saudi Arabia Abolishes Kafala Labour System: Impact on 2.3 Million Indian Workers
Oct 22, 2025 08:28 pm CST
Saudi Arabia has officially ended the controversial kafala labour sponsorship system, often described as 'modern-day slavery,' which affected 2.3 million Indians. This significant reform, part of Crown Prince Mohammed bin Salman's Vision 2030 initiative, liberates approximately 13 million foreign workers from a system that granted employers extraordinary control over workers' lives, including their ability to change jobs or leave the country.
Electronic Arts To Be Acquired by Saudi-Led Consortium in Historic $55 Billion Gaming Deal
Sep 30, 2025 02:01 am CST
Electronic Arts, creator of The Sims and EA Sports FC, will be acquired for $55 billion by a consortium led by Saudi Arabia's Public Investment Fund, marking the largest all-cash private equity buyout in history. The deal includes US investment firms Silver Lake and Affinity Partners, with EA maintaining its California headquarters under current CEO Andrew Wilson after the transaction closes in 2027.