Unlike most countries around the world, Saudi Arabia has weathered the impact of the 2008 global financial crisis rather well. Robust government spending has provided a strong stimulus to the non-oil sector, which grew by 5.5% in 2013, as it lays the foundations for growth and success in the future.
While the country may be surrounded by political instability in Syria, Egypt and Iran, and troubles with neighbours in the Gulf, these concerns are having little or no impact on the new dynamism taking place in the economy. Today, Saudi Arabia’s economic fundamentals look remarkably positive, construction is at a new high, and reforms in education and labour are opening up huge opportunities, especially in employment.
