This image will be automatically disabled when it gets reported by several people.
Assistant Minister of Petroleum and Mineral Resources for Petroleum Affairs: The World We Live in Is Changing Faster than Ever Leading to the Emergence of New Patterns of Economic Relations 9 Riyadh
2015has ranked Saudi Arabia as the second highest in terms of competitiveness, among the 20 largest emerging market economies. The report emphasizes Saudi Arabia's key strengths: the country's strong fundamentals, supported by macroeconomic stability, low debt, and a strong budget surplus. Saudi Arabia has also begun investing in the development of large-scale infrastructure projects to realize its potential as a leading global transport and logistics hub. A US$100 billion investment is planned over the next ten years to upgrade the Kingdom's transportation infrastructure, including multi-modal facilities in the Economic Cities that will be the largest and most advanced in the region. The recent performance of the Saudi stock market is quite telling. Saudi Arabia's stock market, the Tadawul, surpassed the 11,000-point mark to reach its highest levels since the collapse of Lehman Brothers in September 2008, despite a string of bad news from the surrounding region. This reflects the strong confidence in our economy, not only by local investors, but also by foreign investors who are benefiting from the greater openness of the Saudi economy and its liberal investment regime. --More 20:07 LOCAL TIME 17:07 GMT تغريد
