The changing nature of Saudi exports tells the story of the Kingdom’s efforts to diversify its economy. Encouragingly, non-oil exports have been growing more quickly than oil exports in recent years, though oil still makes up a significant majority of the country’s external sales, reflecting the size of the challenge facing the Kingdom with...
The transition to a new era of foreign participation in the Kingdom’s bourse, the Saudi Stock Exchange, also known as the Tadawul, has been a keenly anticipated event in the region’s financial markets. However, this is only the latest step in a longer process of market reform, where the exchange has evolved from a single-product market to an...
What steps has SAGIA taken to make investing in Saudi Arabia easier for foreign companies?
I have committed myself to continuing the work on the immutable foundations upon which this blessed country has stood since its unification: adherence to Islamic law, or “sharia”; preservation of the unity, security and stability of this country; and continuance of constructions and completions of the foundations laid out by the late kings of...
Trade relations between the GCC and Asian economies have been growing steadily for some time now. Recent developments suggest, moreover, that they are set to expand further over the next decade. While there are some risks associated with Asian markets, the GCC as a bloc is deepening its commitment to the region. This is signalled by a number...
What role does Saudi Arabia play in OPEC, given that it is the organisation’s leading oil producer?
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