Saudi Arabia: Reforms showcase "Davos in the Desert"

Country Views
Saudi Arabia: Reforms showcase "Davos in the Desert"
  • The kingdom has made significant progress on key areas of its Financial Sector Development Program, especially in terms of small- and medium-sized business financing, capital markets and housing.
  • As well as to its holy places, Saudi Arabia believes tourists will be attracted by new tourism mega projects, the loosening of visa restrictions and social liberalisation.
  • Saudi Arabia continues to present a favourable risk/reward trade-off, and we are looking to see how well the Future Investment Initiative convinces FDI to flow in meaningfully.

Florence Eid-Oakden, Ph.D, Chief Economist

Charlene Rahall, 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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