ASSESSMENTS
Why Business as Usual May Soon Change in Saudi Arabia
Apr 29, 2019 | 10:00 GMT
(SAUL LOEB/AFP/Getty Images)
Highlights
- Following the broader, global trend of urban migration, differences in economic opportunity in Saudi Arabia, both between its outlying provinces and its urban core and within the cities themselves, are growing wider.
- Although the kingdom is responding to the dissatisfaction that these opportunity gaps are creating, its current actions will not be enough to offset the strain. This will open the door for more pushback by Saudi citizens on development projects.
- To alleviate popular concerns, the kingdom will look at changing the current elite-controlled development model, which could fundamentally alter its investment strategies and the way it develops and conducts business.
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