Do Saudi Arabia going to compete with UAE with new rules of trading?
Saudi Arabia
is one of the largest economy and center of power in Arab world. mean while
price (MBS) MUHAMMED BIN SALAM willing to take Saudi Arabia as nation for economy
epic point of economics and trade until 2030. During a resent press release
from Saudi Arabia cause roomers in Arab
world when Saudi officials says that if foreign trade agency try to open office
that have to open office in premises of Saudi Arabia and it is compulsory. Most
of the critics says that it is directly approach to counter the UAE economy.
Prince Salman
willing to replace Riyadh as for Dubai in Arab world, under vision of 2030, he
invest money in response of which we can see skyscrapers well road and new
shopping malls, in Riyadh. The present population of Riyadh now a days is 75
lac which he wishes to be double until 2030.
Dubai based well know economist Audio balji
Audio says that competition for Riyadh will not be easy with Dubai. He
says restricting to open offices at Riyadh will not force company’s to move
away from Dubai. Because Dubai has more man power, it has diversity, there is a
religious freedom, people can live a comfort life.
While on
the other hand Saudi life is so restrict you have to follow strict laws of Sunnah
Islam, but according to vision 2030 they are introducing cafes, woman driving
and much more for attraction world economy
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