Expo Riyadh 2030 has nearly 2,000 people on site, expected to rise to between 20,000 and 30,000 by the end of next year. The 6 million square metre site across 5 districts is expected to host 197 nations and 29 organisations and draw more than 42 million visits, opening on 1 October 2030 and running through March 2031. Organisers said they see no anticipated issues over the next 6 to 8 months as the war tests supply lines.
Labour and local sourcing are the main challenges, not capital. If you work with the construction sector, focus on building your domestic supply credentials before the workforce grows to 20,000 or 30,000 people.
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PIF switches from growth to returns
The Public Investment Fund's 2026–2030 strategy shifts the mandate from expansion to value creation, after assets under management grew from about SR500 billion ($136 billion) in 2015 to over SR3.4 trillion in 2025, more than $199 billion of new domestic projects between 2021 and 2025, and total annual shareholder return above 7% since 2017.
A fund that has grown from SR500 billion to SR3.4 trillion can no longer rely on its size to impress. After five years of expansion, it must now demonstrate profitability.
Mobily eyes selling its towers
Preliminary TAWAL talks, NDA only, no MoU, no financial impact yet.
An NDA is a disclosure obligation, not a deal. Note who ends up owning national infrastructure as these consolidate.
Surplus up, non-oil down
Trade surplus SR26.03bn (+328.8%) in May, but oil exports +19.5% to 75.6% of the total, while non-oil exports fell 26.1%.
The test isn't whether the surplus grows, it's whether it can grow when oil doesn't.
