Middle East Economic Survey

VOL. L

No 45

5-November-2007

SAUDI ARABIA

Saudi Arabian Reforms Gain Momentum

Saudi Arabias reforms have gathered pace in recent years and took another significant stride forward last month when King Abd Allah issued a decree to overhaul the judiciary. This move should help the kingdom to realize further increases in foreign direct investment (FDI), which has already been in a steep uptrend as a result of other key improvements. However, the government will need to focus...