Tag: Saudi Arabia

News from MEAI
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14.06.2024

Saudi Arabia is swiftly evolving into a global leader

Saudi Arabia is swiftly evolving into a global leader. By 2023, the country achieved an impressive 87% of its Vision 2030 goals, significantly boosting non-oil revenues to $121.8 billion and reducing unemployment to 7.7%. These milestones underscore the kingdom’s dedication to sustainable growth and economic diversification.

Vision 2030 has propelled Saudi Arabia to third place among G20 countries in economic competitiveness. This remarkable ascent is driven by comprehensive reforms in performance, infrastructure, and efficiency, firmly positioning Saudi Arabia as a key global economic player.

News from MEAI
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28.03.2024

Unlocking Economic Potential: Saudi Arabia’s Progress and Opportunities for German, Swiss and Austrian Companies

The economic outlook for Saudi Arabia remains positive, with continued momentum expected in diversification efforts and economic reforms. German, Swiss and Austrian companies can capitalize on emerging opportunities in the following ways: While opportunities abound, German, Swiss and Austrian companies must navigate cultural differences, regulatory complexities, and geopolitical risks. Additionally, ensuring compliance with local laws […]

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