Saudi Arabia's Vision 2030 Remains a Hard Sell
Nov 11, 2019 | 11:00 GMT
(ERIC LAFFORGUE/Art in All of Us/Corbis via Getty Images)
- Investors are better able to pursue opportunities in Saudi Arabia as the U.S. Congress is now less likely to impose sanctions over the murder of journalist Jamal Khashoggi.
- But new risks, such as a military confrontation with Iran and the shortcomings of Saudi policymaking, could discourage investment.
- Saudi Arabia will thus enter the new decade struggling to hit its international investment goals, raising worries for its ambitious Vision 2030 initiative.