The Kingdom of Saudi Arabia is making significant progress in its journey towards sustainable energy transition and economic diversification. To achieve net zero emissions by 2060, Saudi Arabia is focusing on balancing reliable energy supply, minimal environmental impact, and affordable energy costs. The country aims to add 20GW of renewable energy annually to reach 130GW by 2030, with plans to export green electricity or hydrogen up to 150GW. These efforts are creating job opportunities and driving economic growth. The Saudi Green Initiative further emphasizes environmental preservation by targeting to protect 30% of national land and sea area, reduce carbon emissions by 278 million tonnes annually, and plant 10 billion trees. Despite challenges in the oil sector with reduced production levels due to demand constraints and OPEC+ quotas, the non-oil private sector in Saudi Arabia has shown resilience, growing by 4.9% in Q2, particularly in sectors like trade and hospitality. The country's Vision 2030 projects are supported by increasing capex and strong non-oil fiscal revenue growth. Overall, Saudi Arabia's commitment to sustainability and economic resilience is evident in its strategic initiatives and ongoing progress towards a more sustainable future.