TAG: Saudi Arabia
When I wrote three months ago about why the economic changes afoot in the Gulf region have taken on a whole new urgency in “The challenge of change: And why it matters this time”, my analysis was very much framed against a background of anything but business as usual.
With major changes and a big crack-down on alleged corruption in Saudi Arabia, concerns have been raised as to why now and what this means for investors.
Oliver Cornock, Editor-in-Chief, at Oxford Business Group discusses the implications, timing and motivations behind them.
For those of us who have kept a keen eye on Saudi Arabia, the past 12 months have been about fleshing out
Vision 2030. Although elements of the strategy are still works in progress, the results of Oxford Business Group’s Business Barometer: Saudi Arabia CEO Survey show that 72% of CEOs think collaboration between the private and public sectors is either improving or definitely improving, a sign that the long state-dominated economy is poised for transformation. Respondents are also confident in the prospects of sectors targeted in the plans, with tourism standing out as most likely to drive growth in the short to medium term.