“The stark contrast of failure and success is an increasingly familiar sight in the Saudi capital as the 86-year-old kingdom undergoes the biggest upheaval in its modern history to adopt a Western-style model of capitalism. Since the government trimmed subsidies and costs rose, the survival of businesses is being determined by different market forces.”
Read more: https://www.bloomberg.com/news/articles/2018-07-18/it-s-adapt-or-die-in-the-new-saudi-economy
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