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Sunday, 21 May 2017

Saudi Billionaire Says Companies Struggled to 'Absorb' Reforms - Bloomberg

Saudi Billionaire Says Companies Struggled to 'Absorb' Reforms - Bloomberg:

"Saudi Arabia lined up prominent officials and CEOs to promote plans to wean the economy off oil on the first day of President Donald Trump’s visit to Riyadh. Among them was one of the kingdom’s richest women.

Delivering rare public remarks in her home country, billionaire businesswoman Lubna Al-Olayan said companies have struggled with the magnitude of changes imposed by authorities in the first year of the so-called Vision 2030 plan. She, however, praised the “open discussion” between the government and the local business community."



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