Country Profile

Home to an estimated 15.7% of the world’s proven oil reserves and the single largest economy in MENA, Saudi Arabia is a key player not only in the region, but also globally. Since its establishment in September 1932, the Kingdom has poured its considerable resources into a series of large-scale economic development, diversification and modernisation initiatives. In the last few years, Saudi Arabia has also attracted global attention for the momentum of its socio-economic transformation taking place under the auspices of the Vision 2030 development blueprint.

This chapter contains a viewpoint from Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud; and interviews with Prince Saud bin Nayef Al Saud, Governor, Eastern Province.