Saudi Arabia Moving Away From Black Gold

Toby Iles, Head of Middle East and Africa Sovereigns, Fitch Ratings

29-Aug-22 07:30

Saudi Arabia Moving Away From Black Gold

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Saudi Arabia, the world’s largest producer of oil is changing as it’s Crown Prince Mohammed bin Salman tries to reduce its reliance on oil revenue. Will the initiatives bear fruit? Toby Iles, Head of Middle East and Africa Sovereigns at Fitch Ratings gives us an update on this.

Produced by: Sim Wie Boon

Presented by: Wong Shou Ning, Philip See

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Categories: economy, markets

Tags: saudi arabia, economy growth, diversification, gdp, modernisation,

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