Long renowned for its vast oil reserves, Saudi Arabia has historically enjoyed significant influence over the global oil market, which has led to substantial wealth for the kingdom. This economic prosperity has positioned the Saudi royal family as prominent figures internationally. In light of shifts in the energy sector, the Saudi government is now strategically pivoting from its traditional oil dependence.
The kingdom is charting a bold path towards the future with a grand vision, leveraging its current oil market status to finance this ambitious endeavor.
“Saudi Arabia’s fantastical vision for its future is being underpinned by its oil market influence to secure funding.”