Via Mirna Hamdan in waya.media: Healthcare is one of the main sectors that contribute to the market profits. SNB Capital suggests that healthcare profits will rise by 23% in 2025, compared to an 11% increase in 2024. This development is linked to a 20% revenue increase due to new expansions easing pressure on profit margins. Currently, some government initiatives aim to privatize parts of the healthcare system, and they play a significant role. The Saudi government hopes that the private sector will represent 45% of healthcare spending by 2030. The tourism and construction sectors are increasingly influential in reshaping Saudi Arabia’s economy. In 2023, the tourism sector contributed $118.4 billion to the country’s GDP, accounting for 11.5% of the total economy.
