Latest / The Emerging Markets Podcast with Fexingo: Developing Economies, Growth, and Investment
How Saudi Arabia Is Pivoting Beyond Oil in 2026
In this episode of The Emerging Markets Podcast, Lucas and Luna examine Saudi Arabia's accelerating pivot away from oil dependency, anchored by the $1.5 trillion Public Investment Fund and the surge in non-oil GDP. They discuss why the Saudi stock market is decoupling from crude prices, the role of the NEOM project and tourism megaprojects, and how the kingdom is funding diversification through sovereign wealth. With the strong dollar pressuring many EMs, Saudi Arabia's strategy stands out as a case study in resource reallocation. The hosts also touch on the latest trade data and…
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