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1. Relies on oil, unable to start/focus on another industry
2. Public and now Private sector decision making is left to Saudis only
3. Hiring is relationship based, not skill based
1.Low prices of Oil
2. decrease in construction
3. Overwhelming rate of foreign workers
Economic has taught us well that every recession will be followed by a "Boom".
Regarding to the question above:
01- The one resource economy "oil"
02- The Geopolitical situation.
03- The new Saudi Government Era "2030".
i am agree with Sherjeel Khalid.................
