Arabia Monitor's Eid-Oakden on Islamic Tax on Saudi Banks

The video discusses Saudi Arabia's fiscal strategies, including the implementation of an Islamic tax and the Crown Prince's global tour aimed at reassuring investors. It highlights the economic reforms underway, comparing them to Latin American experiences, and discusses the potential listing of Saudi Aramco, emphasizing the need for stable oil prices and market confidence before proceeding.

What is one of the reasons Saudi Arabia is introducing new taxes?

• To reduce oil production

• To expand its military

• To improve its fiscal position

• To increase foreign tourism

What is a key goal of Crown Prince Mohammed bin Salman's global tour?

• To promote Saudi culture

• To negotiate oil prices

• To explain internal changes in Saudi Arabia

• To establish new trade routes

Which Latin American country is mentioned as an example of successful economic reform?

• Brazil

• Argentina

• Chile

• Mexico

What is a necessary condition for the successful privatization of Saudi Aramco?

• High oil prices

• Increased domestic consumption

• Stable political environment

• Expansion of oil reserves

Why is there no rush to announce the privatization of Saudi Aramco?

• The company is not profitable

• The global market is saturated

• Oil prices have not fully recovered

• There is a lack of investor interest