Introduction The Saudi government has allocated funds and established a list of initiatives to accelerate the industrial sector’s recovery from the Corona pandemic. Pandemic Consequences Coronavirus cases in Saudi Arabia are relatively low. However, the external economic environment related to the pandemic might have a higher financial impact on Saudi Arabia than the internal coronavirus cases. Initiatives   * Further promotion of the tourism sector development;   * Enhancement of domestic tourism opportunities;   * Offering discounts and extra opportunities for foreign visitors;   * Development of new commercial attractions and entertainment for tourists;   * Active investment in the local economy (2025 projections) Services The main sectors of industry in Saudi Arabia are the oil industry, services, and agriculture. The last-mentioned sector only takes 2-3% of total employment and added value, whereas other sectors have a much more considerable economical importance (“The economic context of Saudi Arabia,” 2021). Tourism Issue Pandemic restrictions caused a vast decrease in tourism, as traveling and commercial flights in particular have five times lower rates than before (“Global Flight Tracking Intelligence,” 2021). Tourism is significantly influenced by foreign consumers, hence the decrease in global demand for provided services as well as the ability to provide them has a considerable influence on the industry. Initiatives Details: Saudi Arabia Oil Exports Almost half of the national income in Saudi Arabia is generated by oil production and export, which makes the industry globally dependent. During the previous year, oil prices and demand underwent a dramatic drop. Such events had a significant impact on any oil-focused economy, including Saudi Arabia. Initiatives Details: Card template As it is impossible to immediately end the pandemic and resume global tourism, it is crucial to develop two main strategies, First, specific measures should be taken to help service-aimed businesses survive the pandemic without bankruptcy. Second, alternative sources of domestic revenue should be supported by the government to sustain the economy. Provided initiatives may contribute to the solution of the above-mentioned issues. Subsidizing the agricultural sector should be considered as it may create more employment and an alternative source of production and revenue, which does not depend on the global environment. Introducing tax benefits and a bankruptcy moratorium may allow tourist-aimed businesses to get through the pandemic. Such initiatives may maintain the tourism industry and help it recover as soon as pandemic restrictions end. Legislation should be modified to prevent the recruitment of foreign workforces to decrease local unemployment which may positively affect all industry sectors and increase domestic purchasing power. Small and medium-sized enterprises should receive financial support as well as subsidized loans to support business continuity and provide necessary resources to preserve hard-hit industries. The establishment of new trade agreements related to oil export may prevent overproduction and unnecessary storage costs caused by low