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Saudi Arabia

Going Big: Assessing the Growth Ambitions of the Saudi Public Investment Fund

Saudi Arabia’s Public Investment Fund is likely to become the world’s largest sovereign wealth fund by the end of the decade, but raising the resources to fund its ambitious domestic investment program may increase economic and financial risks.

Dustin Johnson shakes hands with Yasir al-Rumayyan, governor of the Saudi Public Investment Fund and chairperson of Newcastle United, at the inaugural LIV Golf Invitational, Hemel Hempstead, England, June 9, 2022. (Reuters/Paul Childs)

Saudi Regional Headquarters Program Deadline Looms

Beneath Saudi officials’ tough talk on the Regional Headquarters Program lies a strong desire for constructive engagement with top global firms and attracting greater inflows of foreign investment.

A general view of Riyadh city, Saudi Arabia, February 20, 2022. (REUTERS/Mohammed Benmansour)

Vision 2030 Has Transformed Saudi Arabia’s Legal and Judicial Systems

Saudi Arabia’s legal reforms aim to provide a legal environment conducive to business while at the same time upholding the centrality of sharia in the kingdom’s judicial and legal systems.

People are seen at the General Court in Riyadh, July 24, 2018. (REUTERS/Faisal Al Nasser)

Great Expectations: The India-Middle East-Europe Economic Corridor

The institutionalization of the Gulf-India partnership through the India-Middle East-Europe Economic Corridor has solidified India’s shift away from Iran and toward the Gulf states.

Saudi Crown Prince Mohammed bin Salman, left, Indian Prime Minister Narendra Modi, center, and U.S. President Joseph R. Biden Jr., right, attend the Partnership for Global Infrastructure and Investment event at the G20 summit in New Delhi, India, Sept. 9. (AP Photo/Evelyn Hockstein, Pool)

The Houthi War on Israel

If the Houthis are attacking Israel, their local rivals will be less inclined to attack them.

Houthi fighters gather during a military maneuver near Sanaa, Yemen, October 30. (Houthi Media Center/Handout via REUTERS)

Saudi Arabia Storms the World of Football

Saudi Arabia's successful bid to host the 2034 World Cup and aggressive recruitment of top players from elite football clubs across Europe mark another audacious play for state-financed entry into global sports.

Saudi Arabia Pushes Ahead to Become a Global Mining Player

The Saudi push to become a global actor in the mineral supply chain is driven by strategic domestic, regional, and international considerations.

Khalid Saleh Al-Mudaifer, Saudi Arabia's vice minister for mining affairs, speaks at the Investing in African Mining Indaba 2023 conference in Cape Town, South Africa, February 6. (REUTERS/Shelley Christians)

Book Talk – Saudi Arabia and the United Arab Emirates: Foreign Policy and Strategic Alliances in an Uncertain World

On October 17, AGSIW hosted a discussion on the foreign policies of Saudi Arabia and the United Arab Emirates.

Saudi Arabia’s crown prince, Mohammed bin Salman, welcomes the vice president of the United Arab Emirates and ruler of Dubai, Mohammed bin Rashid al-Maktoum, during the 18th consultative meeting of the leaders of the Gulf Cooperation Council and the GCC-Central Asia summit, in Jeddah, Saudi Arabia, July 19. (Saudi Press Agency/Handout via REUTERS)