What is diversification in the Middle East economy?
How is the Middle East diversifying its economy?
DIVERSIFYING THE ECONOMY The non-oil sector has grown from 40% to 45% of the GDP, with notable developments in tourism, manufacturing, logistics, and renewable energy. Foreign investments have also increased from $7.4 billion to $29.7 billion, with a target of 12.4 trillion riyals by 2030.