Posts tagged Bloomberg View
Dubai's the Very Model of a Modern Mideast Economy

Saudi Arabia is trying to reduce its dependence on oil. A neighbor has already done it.For more than 100 years, the Middle East has been defined by oil exploration, production and its boundaries. Now the region is getting repurposed by its aspiration to grow beyond fossil fuel. The shake-up in Saudi Arabia's royal family was as much about becoming a 21st-century economy as it was about rooting out corruption.

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