Sentences with phrase «saudi economic reforms»

RIYADH, May 2 - Citigroup is considering seeking a full banking license in Saudi Arabia as Western banks aim to capitalize on Saudi economic reforms, with rival HSBC announcing it has won mandates for several privatizations in the kingdom.

Prince Mohammed, the 32 - year - old architect of Saudi economic reforms, took part in a panel discussion and held up an old - fashioned Nokia phone next to an iPhone to show the size of the change he planned.

Not exact matches

«This is financial, economic, social and legal reform that is touching all aspects of life in Saudi Arabia.

One country seen in the cross hairs is Saudi Arabia, already in the throes of broad economic reform.

The 32 - year - old crown prince has made waves in Saudi Arabia for the economic and cultural reforms he has promoted since being named heir to the throne, the most notable reforms ranging from the much - vaunted «Vision 2030» to diversify the economy away from oil, to lifting a ban on cinemas and women driving in Saudi Arabia.

Bin Salman's social and economic reforms program aims «to encourage an open and rich domestic culture for Saudis,» according to the Financial Times.

Recruiting women into the work force is an important element of Saudi Arabia's economic reform, known as Vision 2030.

But the price of oil will not change Saudi Arabia's approach to economic reform, Mohammed Al - Jadaan said.

Prince Muhammad bin Salman's introduction of social and economic reforms in Saudi Arabia, under the Vision 2030 banner, aims to diversify a dipped local economy following a drop in oil prices.

Saudi Arabia is preparing to pump $ 64 billion into its nascent entertainment industry as part of Vision 2030, the social and economic reform program spearheaded by Crown Prince Mohammed bin Salman.

But the economic risks going forward are «skewed to the downside,» the International Monetary Fund said in a new report, in which it urged Saudi Arabia and other oil exporters to press on with reforms.

Crown Prince Mohammed has been pushing Saudi Arabia to sell 5 percent of Saudi Aramco as part of a broader economic reform program.

«Our experience in Saudi Arabia is a great example of how Uber can benefit riders, drivers and cities and we look forward to partnering to support their economic and social reforms.»

Riyadh — Mubasher: Saudi Arabia won't amend its economic reform plans after oil prices have turned a corner, Minister of Finance Mohammed bin Abdullah Al - Jadaan said.

Foley points out that the information age and the emergence of a younger, educated elite are factors that have forced substantial developments in the GCC countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) and have resulted in political and economic reforms.

The Black Panther screening is part of Vision 2030, an ambitious economic and social reform initiative championed by Crown Prince Mohammed bin Salman to diversify Saudi Arabia's oil - dependent economy.