KSA wants global business, but nurtures a hostile environment instead
Al Mayadeen Net
3 min readSaudi Arabia had targeted $19 billion in foreign investment for 2020 but instead couldn't go over $5.4 billion. A toxic business environment, surprise taxes, and the use of kidnapping and torture are all reasons behind the decline in foreign investment in the kingdom.
Prince Mohammed failed to change many of the old deterrents to investment. Then Saudi Arabia added new ones.
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