Saudi Arabia: Can Prince Abdullah Shake The Economy Awake?

After years of living off declining oil revenues, the Saudis are suddenly stirring into action. They are taking steps to encourage foreign investment and liberalize a bureaucracy-shackled economy. They're negotiating to join the World Trade Organization. In early May, they invited the chiefs of big international oil companies to Riyadh for meetings about investments that could total $200 billion.

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