Business and Finance Business and Finance
Fri, March 7, 2025
[ Fri, Mar 07th ] - CounterPunch
Cyberpunk Nation
Thu, March 6, 2025

Is Saudi Arabia the next China or India? See for yourself


Published on 2025-03-06 14:01:25 - Fortune
  Print publication without navigation

  • Saudi Arabia is not modeling itself after China or India. It is forging a path entirely its own, built on its unique history and ambitions. The question is no longer whether Saudi Arabia is changing
  • it is whether the world is ready to recognize and embrace it.

The article from MSN Money discusses the economic potential of Saudi Arabia, drawing comparisons to the economic rise of China and India. It highlights Saudi Arabia's Vision 2030 plan, which aims to diversify the economy away from oil dependency by investing in sectors like tourism, entertainment, and technology. The piece notes significant investments in infrastructure, including the development of futuristic cities like Neom, and the growth of non-oil sectors. It also mentions the country's efforts to attract foreign investment, improve its business environment, and foster entrepreneurship. Despite these advancements, the article acknowledges challenges such as social reforms, human rights issues, and the need for sustainable economic growth beyond oil. The narrative suggests that while Saudi Arabia has ambitious plans, its path to becoming an economic powerhouse akin to China or India involves navigating complex geopolitical and economic landscapes.

Read the Full Fortune Article at:
[ https://www.msn.com/en-us/money/markets/is-saudi-arabia-the-next-china-or-india-see-for-yourself/ar-AA1AnYUN ]

Similar Business and Finance Articles
[ Mon, Dec 09th 2024 ] - Daily News