Divya Delhi:  Like the UAE, Saudi Arabia's Crown Prince Mohammed bin Salman is working to lessen his country's reliance on oil for its economy. The Saudi Prince has initiated a number of billion-dollar initiatives and established a vision for 2030. The Saudi Prince is building , a futuristic city in northwest Saudi Arabia, as a rival to the e . ollowing his efforts, the Saudi Prince saw significant success. The nation has seen a boom in tourism, with foreign visitors spending 57% more and the country's revenue increasing many times.  , Saudi Arabia allowed tourists to enter its borders. A World Trade and tourist Council research states that last year's tourist boom contributed 11.5% of the nation's  According to experts, Saudi Arabia, which is wealthy, may find a new "oil" in tourism as the globe moves toward renewable energy. Saudi Arabia's sovereign wealth fund, Asfar, is contributing to the growth of the travel and tourist industry. In other places around the country, the firm runs hotels and entertainment developments. When Afsar finishes all of its developments, the business plans to add 2000 hotel rooms and 50 lakh more visitors by 2030.Saudi Arabia intends to invest $1 trillion in travel. The nation hopes to draw 15 crore visitors annually. Saudi Arabia is concentrating on future initiatives such as the   World Cup in 2034 and the World Expo in 2030.