Conventional answers only partly explain why reform often fails in KSA

Issue 886 - 02 Oct 2010 | 7 minute read

Projects such as King Abdullah Economic City (KAEC) and the new financial city north of Riyadh have been proposed as one solution to make it easier for foreign investors and banks to operate in King Abdullah Bin Abdelaziz’s Kingdom than his father, Saudi Arabia’s founder King Abdelaziz Bin Abdelrahman (Ibn Saud), apparently intended.

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