Saudi Arabia’s vision for its future is crumbling

Saudi Arabia’s vision for its future is crumbling

From The Decibel by The Globe and Mail

May 7, 2026 · 24 min

About this episode

Doug Saunders discusses the challenges facing Saudi Arabia's Vision 2030 amidst regional conflicts.

Saudi Arabia has spent a decade pouring billions into investments to modernize their finance, entertainment, sports, technology and tourism industries, to help shift their economy away from oil. Now these efforts, called Vision 2030, are being challenged, in part, by the war in Iran, the missile and drone strikes against Saudi and the closure of the Strait of Hormuz. Doug Saunders is the Globe’s International affairs columnist. He’s on the show today to explain how Saudi’s vision for its future and relationships with other countries are now changing.

People in this episode

Guest: Doug Saunders

Topics covered

  • Saudi Arabia
  • Vision 2030
  • international relations
  • economy
  • Middle East conflict

Keywords

  • Saudi Arabia
  • Vision 2030
  • Doug Saunders
  • Iran
  • economy
  • international relations
  • Strait of Hormuz

Mentioned in this episode

Organizations: The Globe’s

Places: Saudi Arabia, Iran, Strait of Hormuz

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