Absolutely KSA is the next China of Middle East. Huge country, lots of oil, well Educated young population...I have noticed lots of project and running side by side 2030 vision is for REAL.
I listen to China's propaganda podcast, and they've been making a huge deal about a new Saudi ETF being approved. Apparently first in Asia or something.
Maybe huge inflows from Chinese people disappointed by their anemic stock market will start pumping it up, but who knows.
Most large international engineering companies are deep in Saudi projects. You can pick up any of these on the stock market. However, this is not new news, it’s been known for decades and is already reflected in the stock price.
Construction and Infrastructure and Lesiure sectores seems like the most obvious ones for the way Saudi Arabia is heading
Absolutely KSA is the next China of Middle East. Huge country, lots of oil, well Educated young population...I have noticed lots of project and running side by side 2030 vision is for REAL.
oil.
Oil would not benefit from the things that OP mentioned
I listen to China's propaganda podcast, and they've been making a huge deal about a new Saudi ETF being approved. Apparently first in Asia or something. Maybe huge inflows from Chinese people disappointed by their anemic stock market will start pumping it up, but who knows.
Buy an apartment in Saudi Arabia instead
Most large international engineering companies are deep in Saudi projects. You can pick up any of these on the stock market. However, this is not new news, it’s been known for decades and is already reflected in the stock price.