"Saudi Arabia’s economic recovery this year will most likely follow a gradual, steady track", says a report by Banque Saudi Fransi. The report further adds that, "Economic growth should accelerate following a stagnant and difficult year, inflation will remain at manageable bu

"This crisis is not just a global crisis. It is not a crisis in globalization. This crisis is a crisis of globalization", said French President Sarkozy in his opening speech at the World Economic Forum in Davos. He further added that "From the moment we accepted the idea that the market was always right and that no other opposing factors need be taken

World Economic Forum Annual Meeting 2010

Click here for Executive Summary: http://www.weforum.org/pdf/AM_2010/AM10ExSummary.pdf

Can anyone tell us if anything was achieved at this summit?

MENA FDI inflows in 2008 multiplied 25 times when compared against the average FDI inflows during the 1990’s says a report by Arabia Monitor on MENA Outlook. It further adds that oil at US$50 per barrel will earn the GCC a cumulative US$4.7 trillion in the next 10 years or 2.5x cumulative earnings of the last 14 years.

Take a look at this video which is portrays a very different image of Saudi Arabia and shows how policymakers are thinking about the future.