Saudi Arabia is the largest country in the Middle East and the 13th-largest nation in the world, with an area of approximately 2.15m sq km, covering 80% of the Arabian Peninsula. Home to an estimated 15% of the world’s proven oil reserves and the single-largest economy in MENA, Saudi Arabia is a key player both regionally and globally. Established in September 1932, in recent years the Kingdom...
Chapter | Country Profile from The Report: Saudi Arabia 2019
Chapter | Table of Contents from The Report: Saudi Arabia 2019
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Home to an estimated 15% of the world’s proven oil reserves and the single-largest economy in MENA, Saudi Arabia is a key regional and global player. The Vision 2030 blueprint sets out regulatory, budget and social reforms that will be implemented over the coming decade as the nation sets about curbing its reliance on crude oil production and export, which accounted for 43.5% of GDP in 2018.
Interviews & Viewpoints | Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry: Interview from The Report: Qatar 2019
How do you view the role of the government versus that of the private sector in driving growth?
Articles & Analysis | Regional integration among emerging economies and new multilateral agreements bolster international trade from The Report: Qatar 2019
Global trade faces protectionist headwinds that are dampening the outlook for growth in the coming years. According to the World Trade Organisation (WTO), trade volume grew by 4.7% in 2017 and is expected to have moderated to 3.9% in 2018 and dip further to 3.7% in 2019. Although this means growth will fall below the 4.8% average seen since...
Articles & Analysis | Medium-term prospects suggest globalisation is set to continue for the foreseeable future from The Report: Qatar 2019
Decades of growth in trade and foreign investment have made the economies of the world more interdependent than ever before. This trend has been reinforced by the steady liberalisation of international trade and investment at the bilateral, plurilateral and multilateral levels. National economic specialisations, and regional economic and...