After registering extraordinary economic growth of 8.7% in the year 2022, Kingdom of Saudi Arabia Firmly establishing its status as the fastest - growing economy within the G20, as attested by the OECD, owing to the strong and robust performance of its non-oil sector under “Vision 2030” in fostering economic diversification and the indigenization of cutting-edge technology. Vision 2030 has helped to drive new investment deals and licenses up by 95% and 267% in 2022, respectively, according to the IMF. Unsurprisingly, last year, Saudi Arabia was named one of the world’s top five entrepreneurial economies by the Global Entrepreneurship Monitor (GEM).
Education, Healthcare, and Defense are the three most essential pillar for any nation’s development and survival. Countries spend most of its fiscal budget on