UAE Business: Why inclusivity is imperative to a nation’s progress – Gulf Digital News

  • Date: 23-Nov-2022
  • Source: Gulf Digital News
  • Sector:Technology
  • Country:UAE
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UAE Business: Why inclusivity is imperative to a nation’s progress – Gulf Digital News

The world is witnessing a game changer unravel in Saudi Arabia’s National Transformation Program (NTP) of Vision 2030, the action plan to incubate economic growth drivers from non-oil sectors. The global attention stems from two key differentiators anchoring Crown Prince and Prime Minister, His Royal Highness Prince Mohammed bin Salman Vision 2030- inclusivity and diverse economic participation.

The transformation is unique given its core focus on leveraging the “ambition of its people and the potential of its younger generation”.

With strategic Saudization measures to create new opportunities for women and the local population, the Kingdom of Saudi Arabia is demonstrating the untapped potential of the tourism industry in sustainable value creation. The recent announcement by the Government of Saudi Arabia to introduce its national airline with connections to more than 250 destinations exemplify the potential of the country. I am confident that travel and tourism will become a driving force of the Saudi Arabian economy and surpass the goals set out in its Vision 2030 blueprint.

How does inclusivity bolster the economy of Saudi Arabia?

Research indicates a strong correlation between innovation and economic productivity through inclusive practices. A recent white paper by Accenture stated that by 2030, the country’s economy could grow by