Saudi Arabian Corruption Inquiry Widens

The transcript discusses the unexpected crackdown on corruption in Saudi Arabia, highlighting the country's socioeconomic issues, such as the disparity between the wealthy and the poor. It also touches on the Aramco IPO as a potential turning point. The perspective of foreign investors is considered, noting past attractions like King Abdullah University. However, challenges in housing and the rigidity of the system are seen as barriers to growth.

What was the general public's reaction to the crackdown on corruption in Saudi Arabia?

• They were indifferent.

• They were pleased.

• They were outraged.

• They were confused.

What is identified as a more significant issue than corruption in Saudi Arabia?

• Lack of natural resources

• Political instability

• The gap between the wealthy and the poor

• High crime rates

What is one of the challenges faced by Saudi Arabia's socio-economic system?

• Overpopulation

• Lack of education

• A closed and rigid system

• Excessive foreign influence

What was the significance of the establishment of King Abdullah University of Science and Technology?

• It was a response to international pressure.

• It was a temporary project.

• It was the first university in Saudi Arabia.

• It marked the beginning of a new era.

What is a major issue with housing in Saudi Arabia?

• Lack of available land

• Housing is either super luxury or gated for expats

• Poor quality of materials

• High construction costs