What’s In Saudi Arabia’s Blueprint for Life After Oil?

  • Aramco's value could exceed $2 trillion: Deputy Crown Prince
  • Plan seeks to raise non-oil revenue, create wealth fund

Saudi Arabia's Post-Oil Transition to 'Vision 2030'

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Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman unveiled his “Saudi Vision 2030” to reduce the kingdom’s reliance on oil.

The 84-page blueprintBloomberg Terminal, approved by King Salman, includes plans to sell less than 5 percent of Saudi Arabian Oil Co., or Aramco, the creation of the world’s largest sovereign wealth fund and raising non-oil revenue.