audi Arabia is undergoing a remarkable transformation. Seeking to power new growth outside its considerable oil reserves, the Kingdom has embarked on a landmark diversification effort to propel itself into a global powerhouse for innovation, investment, and trade. Its rewards already include surpassing the USD 1 trillion GDP mark for the first time in 2022 and the accolade of the fastest-growing G20 economy the same year. Encouragingly, the Kingdom’s non-oil economic growth has sharply accelerated since the pandemic and is expected to reach 5.4% next year, according to the IMF – which expects the economy as a
Saudi Arabia
Jan 16, 2024
3 minutes
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