Saidi: Unlikely OPEC Will Make Deal With Global Players

The video discusses Saudi Arabia's economic challenges, focusing on its dependency on oil, which constitutes a significant portion of its GDP and government revenue. Due to declining oil prices, Saudi Arabia is seeking to cut oil production through OPEC agreements. The video also covers the impact of global oil market dynamics, including the role of shale oil. It highlights Saudi Arabia's Vision 2030, aimed at diversifying the economy and increasing private sector involvement. Additionally, the video addresses security concerns, with a significant portion of the budget allocated to military spending due to regional threats.

What challenges does Saudi Arabia face in terms of job creation?

What is the current focus of Saudi Arabia's budget in terms of spending?

How does the internal security situation in Saudi Arabia compare to external threats?