Saudi Arabia wants to attract more foreign investors

Saudi Arabia, in recent years, has opened up to today's globalized world since its business opportunities have become more involved with the Western countries and have gained much more strength and popularity.It is no secret that its economic strength is oil; however, since 2016, the government of Saudi Arabia, led by Prince Mohammed bin Salman, has launched an ambitious plan for economic and social change with a clear objective of overcoming dependence on oil.The plan includes:* **Vision 2030** – aims at diversifying the economy away from oil. This will involve increasing tourism, developing non-oil industries such as technology, finance, and healthcare, and reducing reliance on oil revenues through increased efficiency and greater u