Majid Al Qasabi,Minister on Commerce
The tourism, culture, sports, and creative industries sectors are expected provide approximately one million jobs by 2030, Saudi Minister on Commerce Majid Al Qasabi said. 
In a panel discussion at the Human Capability Initiative Conference in Riyadh on Monday, the minister stated that the creative economy will support more than 80,000 jobs, with strong growth expected in film, design, fashion, and digital arts’ sectors. The digital economy is expected to grow from 4.4% of GDP to 19% by 2030.
He further indicated that the healthcare sector is anticipated to reach SAR 250 billion by 2030, and expected green economy investments to exceed SAR 2 trillion, including sustainable construction projects, renewable energy, the circular economy, and others.
Nearly 65% of Saudis are under the age of 35, meaning that investing in lifelong education is no longer an option but has become essential, Al Qasabi added. He explained that the Kingdom is working to develop skills and assess gaps in workforce capabilities and future needs.
Meanwhile, the minister pointed out that future skills have been integrated into training and educational institutions, in addition to the use of artificial intelligence (AI) and technology, bringing expertise to the Kingdom, and sending students abroad to achieve future goals.
Majid Al Qasabi,Minister on Commerce
The tourism, culture, sports, and creative industries sectors are expected provide approximately one million jobs by 2030, Saudi Minister on Commerce Majid Al Qasabi said.
In a panel discussion at the Human Capability Initiative Conference in Riyadh on Monday, the minister stated that the creative economy will support more than 80,000 jobs, with strong growth expected in film, design, fashion, and digital arts’ sectors. The digital economy is expected to grow from 4.4% of GDP to 19% by 2030.
He further indicated that the healthcare sector is anticipated to reach SAR 250 billion by 2030, and expected green economy investments to exceed SAR 2 trillion, including sustainable construction projects, renewable energy, the circular economy, and others.
Nearly 65% of Saudis are under the age of 35, meaning that investing in lifelong education is no longer an option but has become essential, Al Qasabi added. He explained that the Kingdom is working to develop skills and assess gaps in workforce capabilities and future needs.
Meanwhile, the minister pointed out that future skills have been integrated into training and educational institutions, in addition to the use of artificial intelligence (AI) and technology, bringing expertise to the Kingdom, and sending students abroad to achieve future goals.
