Published in Al Arabiya English
Omar al-Ubaydli, an economist and director at the Center for Strategic International and Energy Studies in Bahrain, Saudi’s island neighbor, sees Saudi’s new seat on Uber’s board as a key factor of the deal.
The seat will be occupied by Rumayyan, the Saudi wealth fund’s managing director, who since February last year has also served as an advisor to the royal court.
“Expect Saudi Arabia to benefit from the business experience gained via the board seat to help it launch its own sharing apps tailored to the unique needs of the Saudi economy,” added Ubaydli.
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