Saudi Arabia climbs the competitiveness ladder

The Kingdom’s progress is evident across the report’s core competitiveness pillars. (Shutterstock)

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Over the past decade, Saudi Arabia has undertaken one of the world’s most ambitious economic transformation programs. Guided by Vision 2030, the Kingdom has accelerated economic diversification, implemented far-reaching regulatory reforms, strengthened the private sector, and modernized key institutions to enhance competitiveness and long-term sustainability.