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Ecosystem

DEVELOPING AN ENTREPRENEURSHIP ECOSYSTEM

In 2015, Saudi Arabia’s gross domestic product was estimated at SAR 597.3 billion ($159.3 billion). At that time, the World Bank’s Global Competitiveness Report (GCR) ranked the kingdom’s economy 25th out of 144 countries. The Saudi economy was characterised as one that was “transitioning” from “factor-driven” to “efficiency-driven,” a position…