Saudi commuters drive down a main street in the capital Riyadh, on October 18, 2016.A seven-fold hike in visa fees to do business in Saudi Arabia risks deterring the foreign investment needed to transform its oil-dependent economy, diplomats and other sources say. / AFP PHOTO / FAYEZ NURELDINE
Saudi’s Dutch disease
SAUDI Arabia just hit a new record – its debut bond issuance was the largest ever by an emerging-market country.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
