3min chapter

In the City cover image

Why the Middle East Is Calling the Shots on Big Deals

In the City

CHAPTER

The Future of Saudi Arabia's Economy

A lot of what Saudi Arabia is doing in sports and entertainment has a long term objective to ensure that the capital stays in Saudi. They realized this during COVID, when people in Saudi were not traveling, the next figures we heard was that around 50 billion dollars stayed in Saudi. I think in my 14, 15 years of covering the Middle East, I've never seen a time in the region when there's been so much political stability in the region.

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