Saudi Arabia vs. Dubai Could be the Gulf’s New Business Rivalry

Saudi Arabia vs. Dubai Could be the Gulf’s New Business Rivalry

Crown Prince Mohammed bin Salman is trying to reshape the kingdom into the new place to do business.. But as Crown Prince Mohammed bin Salman reshapes Saudi Arabia, that's beginning to change.. Rumors are even circulating that a long-standing alcohol ban may be relaxed as Saudi Arabia vies to win back business it's lost to other Gulf countries over the years.. "I don't invest in a company now regionally that doesn't focus on Saudi Arabia," said the 34-year-old.. Foreign workers in Saudi Arabia must request "exit visas" from employers to leave the country, even for a weekend away.. It takes generous packages to attract talent.. Last year, a Norwegian company planning to set up a $90 million salmon farm in the U.A.E. decided to base it in Saudi Arabia instead.. Early on, Prince Mohammed viewed Dubai as a city built on the back of Saudi Arabia's shortcomings, providing a home for Saudi businesses driven abroad..