Saudi Arabia: A new travel hotspot
In the past when economic pressures have taken a toll on the GCC economies, there was a tendency to put diversification plans on the back-burner. This time around, Saudi Arabia proved its commitment. This week, we discuss how the growing number of PIF-backed initiatives will be key to cultivating global investor trust and ushering in FDI going forward. We also look at how:
- In 2020, the kingdom, after the UAE attracted the highest rate of inflows to the MENA region.
- The new wave of reforms as part of Vision 2030 confirms the kingdom’s commitment to cultivating an attractive investment environment.
- Some of the Kingdom's most visible progress has been seen in the tourism sector.
Florence Eid-Oakden, Ph.D, Chief Economist
Ghalia Al Bajali, Analyst
The Country Views series shines the spotlight on specific developments in MENA countries, analysing them from a local perspective to deliver forward looking views for businesses and investors.
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