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Saudi Arabia

Capital: Riyadh · Currency: SAR

Saudi Arabia is the largest economy in the GCC and the world's second-largest oil producer. Under Vision 2030, the Kingdom is undertaking the most ambitious economic transformation in the region, channeling sovereign wealth into giga-projects, manufacturing and digital infrastructure.

GDP

$1.1 trillion

GDP / capita

$30 K

Population

~36 M

Currency

SAR

01 · Overview

Country Overview

Vision & future plans

Vision 2030 — diversify away from oil into tourism, entertainment, tech, mining and giga-projects.

Main Industries

Oil & GasPetrochemicalsMiningTourismConstructionFinance

GDP Drivers

▸ Hydrocarbons
▸ Public investment (PIF)
▸ Construction & giga-projects
▸ Financial services

02 · Markets

Fastest Growing Companies

Saudi Aramco

Energy

World's largest integrated oil & gas company.

Growth driver: Rising downstream and gas investments.

STC

Telecom

Leading Gulf telecom & digital services group.

Growth driver: 5G rollout and fintech expansion.

ACWA Power

Utilities

Power and desalination developer across MENA.

Growth driver: Renewables and green hydrogen pipeline.

Almarai

Consumer

Largest vertically integrated dairy producer in MENA.

Growth driver: Brand strength and regional distribution.

Lucid Motors (PIF-backed)

EV / Mobility

Premium EV maker with Saudi assembly plant.

Growth driver: PIF capital and Saudi EV mandate.

Live market data may be delayed depending on source. Quotes via third-party API — verify against the official exchange before use.

03 · Wealth

Billionaires & Wealthy Individuals

Net-worth figures are refreshed periodically from Forbes, Bloomberg and similar sources. All values shown are estimates.

04 · Dynasties

Richest Families

Al Saud (Royal Family)

EnergySovereign wealth

Ruling family since the founding of the modern Kingdom in 1932.

Olayan Family

IndustrialInvestments

Founded by Suliman Olayan in 1947, now a global diversified group.

Al Rajhi Family

BankingReal estate

Built one of the largest Islamic banking franchises globally.

Bin Laden Family

Construction

Saudi Binladin Group has built much of modern Saudi infrastructure.

05 · History

Economic History

Founded in 1932, modern Saudi Arabia transformed after the 1938 Dammam oil discovery. Aramco's nationalization (1970s–80s) gave the state full control of reserves. Today, Vision 2030 channels wealth into NEOM, the Red Sea Project, Qiddiya, and an ambitious privatization program led by the Public Investment Fund (PIF).

06 · News