Saudi Arabia Drills Down to Its Core
While oil remains its key resource and the driver of economic and regional diplomatic clout, Saudi is moving to diversify its economy.
Tom Nelson
December 17, 2025
Left to right, H.M. Sultan Qaboos bin Said Al-Said, ruler of the Sultanate of Oman, H.M. King Abdullah bin Abdul Aziz Al Saud, ruler of Saudi Arabia and Mahmoud Ahmadinejad, president of Iran, walk into the opening ceremony of the 28th Gulf Cooperation Council held in Doha, Qatar on Monday, Dec. 3, 2007. Ahmadinejad today proposed closer economic and security cooperation with neighboring Gulf Arab states as a means to reduce political tensions in the Middle East. Photographer: Charles Crowell/Bloomberg News
CHARLES CROWELL/BLOOMBERG NEWS
