It is a sign that the reforms undertaken by the crown prince Mohammed bin Salman to diversify the economy of Saudi Arabia progress, at least in their display. The kingdom announced Tuesday the creation of three new ministries dedicated to Tourism, Sports and Investment. These sectors have hitherto been run by public bodies.
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Khaled al-Faleh, former Minister of Energy replaced in September by one of the sons of King Salman, returns to the government as Minister of Investment. " The return of Khaled al-Faleh, an experienced administrator who was suddenly sidelined, could be an attempt on the part of King Salman to better control the authorities linked to investments while giving them more power ", analyzes Ellen Wald, specialist in the country, quoted by AFP.
Reforms underway in Saudi Arabia aim to prepare the largest Arab economy, highly dependent on black gold, for a post-oil eraThe reforms underway in Saudi Arabia aim to prepare the largest Arab economy, ultra-dependent on black gold, for a post-oil era. They are worn by Mohammed ben Salmane as part of his “Vision 2030” project. It is in this perspective of transformation and openness that Riyadh decided in September to grant tourist visas in this country hitherto only open to businessmen and Muslim pilgrims going to the holy cities of Mecca and Medina.
Among its new tourist destinations, the kingdom puts on the Nabataean site of Al Ula, that the French Minister of Economy, Bruno Le Maire, visited Monday after the meeting with his counterparts from the G20 countries, under the presidency, in 2020, from Saudi Arabia.
