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Brett Sudetic

Saudi Arabia: Open for Business? A few changes the Kingdom could make to improve economic growth and attract investment

Saudi Arabia has spent billions of dollars investing in big, fancy projects in an attempt to diversify its economy and create more sustainable growth for future generations. The Red Sea Project, King Abdullah Economic City, “Knowledge City”, and King Abdullah Financial District are among those developments. Some of these projects, while bold and creative, are…

Why are European Countries Investing in Iran?

Post-sanctions, Iran may prove to be an emerging market for European Investors. On July 3, France’s biggest oil and gas company, Total, signed a multibillion-dollar deal to expand the development of Iran’s South Pars gas field, one of the largest in the world. This agreement is the first major oil and gas deal between a…

Can Saudi Arabia Decrease Its Reliance on Foreign Defense Imports?

In 2016, the new deputy crown prince of Saudi Arabia, Mohammed Bin Salman, revealed his highly-anticipated Vision 2030 development plan. One of the Vision’s most ambitious goals is the increase in Saudi Arabia’s defense manufacturing to meet 50 percent of the country’s defense needs, up from only 3 percent currently. Although this goal is largely…

Saudi Arabia: Open for Business? A few changes the Kingdom could make to improve economic growth and attract investment

Saudi Arabia has spent billions of dollars investing in big, fancy projects in an attempt to diversify its economy and create more sustainable growth for future generations. The Red Sea Project, King Abdullah Economic City, “Knowledge City”, and King Abdullah Financial District are among those developments. Some of these projects, while bold and creative, are…

Why are European Countries Investing in Iran?

Post-sanctions, Iran may prove to be an emerging market for European Investors. On July 3, France’s biggest oil and gas company, Total, signed a multibillion-dollar deal to expand the development of Iran’s South Pars gas field, one of the largest in the world. This agreement is the first major oil and gas deal between a…

Can Saudi Arabia Decrease Its Reliance on Foreign Defense Imports?

In 2016, the new deputy crown prince of Saudi Arabia, Mohammed Bin Salman, revealed his highly-anticipated Vision 2030 development plan. One of the Vision’s most ambitious goals is the increase in Saudi Arabia’s defense manufacturing to meet 50 percent of the country’s defense needs, up from only 3 percent currently. Although this goal is largely…