Saudi Arabia is in a race to secure more outside money to keep ambitious plans to diversify its economy on track. The country set itself a lofty target to attract $100 billion in annual foreign direct investment by the turn of the decade. It reached about a quarter ...
Reports on changes in Saudi Arabia's foreign investment policy. Evaluation of application for foreign investment license; Inadequacy of the kingdom's oil revenues; Difficulties facing the government in the wake of the population boom; Current account trends; Capital flight.MacKinnon...
Saudi Arabia will no longer sign contracts with foreign companies which do not have a regional headquarters in the kingdom after 2023, state news agency SPA reported on Monday, citing an official source.
Analysts predicted that the surprise move will have direct influence on Saudi Arabia's foreign policy, as the new crown prince believes in more confrontational stance, especially with Iran. With his last successful visit to the U.S. in March, he is also a good candidate to work with the Tr...
South Korean companies were among the first to cash in on Saudi Arabia’s housing construction boom. In 2016, a consortium including Hanwha Engineering & Construction and Daewoo Engineering & Construction won a $20 billion project to build city infrastructure and 100,000 homes near the Riyadh airp...
Analysts predicted that the rise of Mohammed bin Salman will have direct influence on Saudi Arabia's foreign policy, as he takes a more confrontational stance, especially on Iran, Saudi's arch rival. THUNDERING ANTI-CORRUPTION CAMPAIGN About five months after being chosen as the heir to the thr...
Chapter Two: The Shaping Factors of Conflict and Containment in Saudi and Iranian Foreign Policy Chapter Three: Saudi Foreign Policy: Oil, Wahabism and 'Riyal Politik' Chapter Four: Iranian Foreign Policy: the Politics of Civilisation, Security and Economy Chapter Five: The Triangulation of U.S....
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The current economic standing of Saudi Arabia has attracted more foreign investments, as the country has been enjoying economic stability. It was also discovered from the studies that the increasing price of oil has had varying effect on FDI. Inflation has not been a major barrier to foreign ...