Monday, 3 February 2014

Saudi Arabia’s rulers face dilemma on economic reforms - FT.com

Saudi Arabia’s rulers face dilemma on economic reforms - FT.com:



"Jeddah-born Wael used to own a trading company in his home town and controlled a stock market portfolio that turned over more profit in a day than he now makes in a month.



But after losing his company during a business dispute and enduring massive losses in the stock market crash of 2006, he has been left doing odd jobs, including driving a taxi and running errands for his wealthy compatriots.



“Seventy per cent of Saudis are unhappy now,” says the father of six. “Rent is so expensive.”"



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