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The Future Investment Initiative Forum, dubbed “Davos in the Desert,” is leading the conversation on Saudi in the foreign press, with Bloomberg expecting significant agreements and discussions on Vision 2030 amid rising regional tensions.
Rising debt: Saudi has emerged as one of the largest issuers in emerging markets for 2024, Bloomberg reports, with the Kingdom issuing around USD 50 bn in bonds. The increased debt activity comes on the back of budget deficits, low oil prices, and slower-than-desired foreign direct investment, the business information service says.
The Financial Times is out with a story highlighting how Saudi women are breaking barriers in industries like manufacturing, with women’s labor participation rates jumping to 35.8%, well ahead of the Kingdom’s 30% goal.
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