Saudi Arabia has outperformed some of the goals outlined in Vision 2030, such as female workforce participation which increased to 36 percent, ahead of the 2030 target of 30 percent, according to a recent report by PwC Middle East. The Kingdom’s economic diversification plans are beginning to bear fruit across various sectors, the report said, with the share of the non-oil economy reaching 59 percent, and non-oil GDP increasing in 2022 by 15 percent in actual terms and 28 percent in nominal terms, compared to the pre-Vision baseline.
RIYADH: Amid global economic uncertainties triggered by high inflation, geopolitical tensions, and rising interest rates, Saudi Arabia’s tourism sector is quickly recovering, according to professional services network firm PwC Middle East. In its latest report, PwC Middle East revealed that the Kingdom received almost 6 million visitors in the fourth quarter of 2022, up 47