Saudi Arabia

Saudi non-oil economy growth 2026

saudi arbia growing economy

Manufacturing and Electronics are core growth sectors in Vietnam, supported by strong foreign investment and export demand. The country is a major hub for electronics assembly, smartphones, semiconductors components, and industrial manufacturing, supplying global brands and strengthening Vietnam’s role in global supply chains.

FinTech and Digital Payments are rapidly growing sectors in the Philippines, driven by high mobile usage and financial inclusion. Startups focus on e-wallets, mobile banking, digital lending, and payment platforms, enabling cashless transactions and expanding access to financial services nationwide.

E-commerce and the Digital Economy are fast-growing sectors in the Philippines, driven by rising internet use and mobile-first consumers. Online marketplaces, social commerce, digital marketing, and logistics startups are expanding rapidly, supporting small businesses and boosting nationwide digital trade.

Information Technology and Software are fast-growing sectors in Vietnam, driven by a young skilled workforce and global outsourcing demand. Companies focus on software development, IT services, SaaS, and digital transformation solutions, serving clients across Asia, Europe, and the United States.

HealthTech is a growing sector in the Philippines, driven by increasing demand for accessible and affordable healthcare. Startups focus on telemedicine, digital health platforms, e-pharmacies, and health data solutions, helping improve medical access, efficiency, and patient outcomes across urban and rural areas.

Renewable Energy and GreenTech are growing sectors in the Philippines, supported by rising energy demand and sustainability goals. Startups and companies focus on solar, wind, energy storage, and clean technology solutions to reduce carbon emissions and improve energy access nationwide.

Tourism, Entertainment & Culture is one of the fastest-growing sectors in Saudi Arabia, fueled by major national initiatives under Vision 2030 to diversify the economy and boost global appeal. The government is investing heavily in world-class tourist attractions, cultural heritage sites, theme parks, entertainment venues, and international events. Projects like NEOM, The Red Sea Project, Qiddiya, and historic site redevelopment are attracting global visitors and creating jobs. Entertainment and cultural festivals, film, sports events, and hospitality growth are transforming the Kingdom into a leading regional destination for travel and leisure

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