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Saudi Arabia Economy
Chapter | Table of Contents from The Report: Saudi Arabia 2022
Saudi Arabia has undergone significant reforms to foster growth and diversification. While some initiatives were delayed during the Covid-19 pandemic, progress in areas such as the digital economy accelerated. Aided by elevated oil prices in 2022, strategies underlined in Vision 2030 continue moving forwards, and the Kingdom today presents ample opportunities for foreign investors, underpinned by efforts to boost private sector participation in the economy.
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What are the prospects for greater private sector participation in the economy and the country’s broader economic diversification agenda?
Articles & Analysis | Saudi reforms focus on youth empowerment from The Report: Saudi Arabia 2022
Vision 2030 was launched in 2016 with the aim of renewing the social contract between the long-ruling Al Saud family and various segments of society, as well as addressing fiscal imbalances resulting from a reliance on oil revenue, low labour force participation rates and generous social benefits.
Articles & Analysis | Talks between the UK and GCC aim to improve trade relations from The Report: Saudi Arabia 2022
In June 2022 the UK and the GCC officially launched negotiations for a comprehensive trade deal to reduce or remove tariffs on a series of goods and services. Anne-Marie Trevelyan, former UK secretary of trade, met with Nayef Falah Al Hajraf, the GCC secretary-general, and representatives from the six GCC countries: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE.
Articles & Analysis | Saudi Arabia’s reform and energy initiatives attract investment from The Report: Saudi Arabia 2022
As the world’s largest oil producer and the only Arab country in the G20, Saudi Arabia is a key geopolitical player on the global stage. Officially established in September 1932 the Kingdom has begun to pour its considerable financial resources into a series of large-scale economic development, diversification and modernisation initiatives in recent years. Saudi Arabia has...
Chapter | Country Profile from The Report: Saudi Arabia 2022
As the world’s largest oil producer and the only Arab country in the G20, Saudi Arabia is a key geopolitical player on the global stage. Officially established in September 1932, the Kingdom has begun to invest its considerable financial resources into a series of large-scale economic development, diversification and modernisation initiatives in recent years. Saudi Arabia has attracted...
Articles & Analysis | Hotel options in Saudi Arabia from The Report: Saudi Arabia 2022
INTERCONTINENTAL
RIYADH
King Saud Rd, PO Box 3636 Riyadh 11481
T: (+966) 11 465 5000
www.intercontinental.com/riyadh
reservations.icriyadh@ihg.com
Rooms: 275 rooms, with 140 standard rooms, 39 junior suites, five large executive suites, two royal suites, 56 club rooms, 10 presidential suites, five club royal suites and...