Saudi Arabia

Iran may look to emulate Saudi Arabia in its efforts to reorient its foreign policy and establish a more balanced position in relations with the great powers of the East and West.

The Middle East could become the center of an electric spider’s web, but such dreams face massive challenges.

Saudi Arabia’s economic diversification plans are showing signs of progress, although the economy remains heavily reliant on oil.

Israel may at last be incapable of taking yes for an answer, even from the most influential Arab and Muslim country.

Riyadh’s prominent role underscores its growing confidence on the world stage and its careful, pragmatic balancing of alliances and relations with key partners.

The combination of slowing growth trends and persistently ambitious development plans is likely to increase regional economic competition.

A thorough analysis of the government budget, debt, and net asset positions is needed to understand the fiscal situation in Saudi Arabia and any implications this may have for oil market policy.

Labor market data from the 2022 census is still to be published but once released could have important implications for the central goals of Vision 2030 given the recent large downward revision to population estimates.