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Saudi economic transformation hit by war and falling investment
Original: Saudi’s economic transformation collides with war and falling FDI
Saudi Arabia's ambitious economic diversification drive is running into serious headwinds, according to Fortune. The kingdom's Vision 2030 transformation agenda, built on attracting foreign capital, is colliding with regional war pressures and a decline in foreign direct investment. Commentators are weighing whether the geopolitical turbulence could slow Crown Prince Mohammed bin Salman's flagship programme to reduce the economy's oil dependence.
Why now: Regional conflict and weakening foreign investment are raising fresh doubts about the viability of Saudi Arabia's flagship economic reform agenda.
Saudi ArabiaFortuneMohammed bin SalmanVision 2030
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