Hospitals, airports, schools, football clubs: KSA hangs up the ‘for sale’ signs @arabnews

This is the face of modernity in the kingdom

It marks a historic shift in the economic, social and cultural life of Saudi citizens, comparable to anything experienced by Britons under former Prime Minister Margaret Thatcher’s state sell off in the 1980s, or by Russians in the dissolution of Soviet assets in the 1990s. Some commentators rank it close to the “capitalization” of communist China under Deng Xiaoping, in terms of its global resonance.

@arabnews

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