Saudi Arabia, the world's second-largest oil producer, is undergoing a dramatic transformation. Driven by Vision 2030, Crown Prince Mohammed bin Salman's ambitious plan, the kingdom is diversifying its economy, investing heavily in technology and infrastructure, and attracting foreign investment. This article explores the key aspects of this evolution.

Despite progress, challenges remain. Foreign companies often cite concerns about payment practices and the need for more transparent legal frameworks. Improving payment terms is crucial to attract further investment and ensure the smooth execution of major projects like the King Salman International Airport, slated to be the world's largest aviation hub by 2050.

The burgeoning logistics sector, boosted by government investment exceeding $147 billion, presents significant opportunities for both domestic and international players, particularly with increased manufacturing and port activity along the Red Sea.

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