Saudi Arabia has one of the strongest and most dynamic economies in the Gulf Co-operation Council, and is now leading growth in the region, driven by solid demographic fundamentals, sound economic reforms and capital surpluses built on hydrocarbon exports. So why have so few private equity firms succeeded in closing deals in Saudi Arabia? Experts from Wharton and Amwal AlKhaleej say that firms fail to understand the unique business and cultural aspects of doing commerce in the country.
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