Where Is the Saudi Economy Heading to?

In light of all the available facts, Saudi planners and decision makers appear to have taken a crucial decision: Amid the international ado on oil prices, Saudi Arabia must neither miss nor lose the extraordinary opportunity provided by the soaring oil prices. Holding the world’s largest oil reserves, the Kingdom, which has drawn, during the past five years, since the 9/11 attacks, European and American indignation, has finally realized that a comprehensive economic development is its most profitable project. Therefore, it has unveiled remarkable plans to build new cities, infrastructures, and huge industrial regions.
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