Saudi Arabia

The public decency law aims to regulate social behavior in a way that reflects positively on Saudi Arabia’s image, the anti-harassment law is meant to regulate public behavior among individuals in society.

Saudi Arabia’s Public Investment Fund continues to enjoy steady growth aided by technology-focused investments, but the sovereign wealth fund’s 2030 growth target remains distant.

As the kingdom faces mounting insecurity, it has alienated most of its security guarantors and weapons suppliers in the West.

Over the year, there were some small steps forward on Yemen. But as diplomatic efforts continue in 2022, there will still be no quick fix to end the war.

France has sought to calm recent tensions, but the increasing influence of Hezbollah and the shifting focus of Saudi and UAE economic policies elsewhere raises questions of where Lebanon will be able to turn for support.

For Gulf countries, 2021 was the year of ambition and new climate targets, and 2022 will be the year of implementation.

UAE, Saudi, and affiliated local forces have begun withdrawing from locations across southern and western Yemen; while couched as “redeployments,” together the moves suggest the Saudi-led coalition is actively looking for an exit strategy.

There is still time for Saudi Arabia to accomplish many of Vision 2030’s foreign investment objectives, but the window of opportunity is closing quickly.