Is Saudi Arabia’s Economy Really Changing? | Economy of Saudi Arabia | Econ

Saudi Arabia is undergoing a dramatic transformation under Crown Prince Mohammed bin Salman’s Vision 2030. Once known for its strict social rules and oil-dependent economy, the Kingdom is now opening up to tourism, investing in mega-projects, and pushing for economic diversification. But behind the progress are big questions—can Saudi Arabia truly move beyond oil, and will these ambitious plans work in the long run? – Contents of this video ---------------------------- 0:00 The Rise of Mohammed bin Salman 1:41 The Geography of Wealth 4:20 The “Weird” Economy 5:21 The Other 58% – Non-Oil Growth 8:06 From Poverty to Development 9:10 Giga-Projects and Grand Ambitions 11:16 Oil Problem 13:09 The Limits of Reform & Investor Skepticism 16:26 The Road Ahead Support my research and projects: https://ko-fi.com/econyt Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Econ 👉 https://bit.ly/3qcMwTA ⭑ Enjoyed? Hit the like button! 👍 Citation and Data: https://docs.google.com/document/d/1EusmSbEp-jC3KSfBHMpAHmN3KF-QFCwaEIGzzL-t5YY/edit?tab=t.0 Voice Over by: Sean Antony (https://www.youtube.com/channel/UCpcslpU_Y6Kw_A9mt-6x9gQ) Maps: Natural Maps by GEOlayers 3 Image: https://commons.wikimedia.org/ Free Vectors/Photos https://www.vecteezy.com/ https://www.freepik.com/ Stock Footages: https://www.gettyimages.in/ https://www.storyblocks.com/ https://www.istockphoto.com/ Music by: https://share.epidemicsound.com/7rfn7h #SaudiArabia, #Vision2030, #MohammedbinSalman, #MBS, #SaudiEconomy, #MiddleEast, #Geopolitics