Saudi Arabia: Poaching from Wall Street for Financial Dominance | Explained

Saudi Arabia is currently the world's largest oil exporter, and the second largest oil producer, just behind the US. And with the world going greener, Saudi Arabia needs to find new industries to prosper in or risk their economy deteriorating in years to come.

Today, the oil industry makes up about 45% of Saudi Arabia's GDP. And as the push for cleaner energy intensifies, this is leaving the Kingdom at risk unless it manages to diversify its economy from oil.

And Saudi Arabia’s Crown Prince Mohammed Bin Salman, is absolutely determined to turn the Saudi economy into a global financial powerhouse.

However, his ambition and the kingdom’s fast-paced economic reforms have introduced new and unforeseen challenges to the Kingdom as they try to compete for talent on the global stage.

Chapters
0:00 The Hunt for Bankers
1:34 Hiring Spree
3:24 Hiring Challenges
4:48 Grass is Greener in Dubai
6:22 A Place to Live and Work?

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