EPISODE · May 28, 2026 · 8 MIN
How Saudi Arabia Is Becoming the New EM Powerhouse
from The Emerging Markets Podcast with Fexingo: Developing Economies, Growth, and Investment · host Fexingo
Lucas and Luna explore Saudi Arabia's rapid transformation under Vision 2030, from NEOM megaprojects to a surging stock market. With the Tadawul All Share Index up 18% year-to-date and foreign investment flowing into tech and tourism, the kingdom is diversifying beyond oil. Lucas breaks down the numbers: non-oil GDP growth of 5.6% in Q1 2026, a $925 billion Public Investment Fund, and the listing of Aramex, a logistics spin-off. Luna questions whether the reforms can sustain momentum given regional tensions and a strong dollar. They also discuss ETFs like KSA and how Saudi Arabia is reshaping emerging market indices. This episode drills into one specific question: is Saudi Arabia the most consequential EM story of 2026? #SaudiArabia #Vision2030 #EmergingMarkets #NEOM #PublicInvestmentFund #Tadawul #KSAETF #OilDiversification #NonOilGDP #Aramex #MiddleEast #EconomicReform #SovereignWealthFund #Geopolitics #StrongDollar #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
What this episode covers
Lucas and Luna explore Saudi Arabia's rapid transformation under Vision 2030, from NEOM megaprojects to a surging stock market. With the Tadawul All Share Index up 18% year-to-date and foreign investment flowing into tech and tourism, the kingdom is diversifying beyond oil. Lucas breaks down the numbers: non-oil GDP growth of 5.6% in Q1 2026, a $925 billion Public Investment Fund, and the listing of Aramex, a logistics spin-off. Luna questions whether the reforms can sustain momentum given regional tensions and a strong dollar. They also discuss ETFs like KSA and how Saudi Arabia is reshaping emerging market indices. This episode drills into one specific question: is Saudi Arabia the most consequential EM story of 2026? #SaudiArabia #Vision2030 #EmergingMarkets #NEOM #PublicInvestmentFund #Tadawul #KSAETF #OilDiversification #NonOilGDP #Aramex #MiddleEast #EconomicReform #SovereignWealthFund #Geopolitics #StrongDollar #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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How Saudi Arabia Is Becoming the New EM Powerhouse
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