Bloomberg: The Yemeni attack damaged the Aramco offices in the heart of the Riyadh financial center and threatens to undermine the trust of international companies in the Saudi business environment.
The attack on the financial center in Riyadh adds a new challenge to the kingdom in its efforts to maintain its attractiveness for international investment.
The ongoing security unrest threatens to undermine Saudi Arabia's efforts to attract international capital and companies.
- Saudi Arabia had to postpone or cancel major economic and sports events that would have generated important revenues and supported the attraction of foreign investments.
- The Saudi economy is facing a contraction, a growing budget deficit and weak stock market performance at the same time as the Yemeni attacks are escalating.