Among the central tenets of the Saudi Vision 2030, economic diversification by developing its non-oil industries and raising the share of the country’s non-oil exports from 16% to 50% in the non-oil GDP are key to the Vision realization. In the current volatile market conditions of fluctuating oil prices and increasing pace of shift world-over to renewables as the primary energy source, the switch to non-oil revenue from exports hold greater significance than ever before.