KSA's rise: My key takeaways

We all came across the rise of Middle Eastern giant, #KSA. While it's infrastructure prowess is #dominant, it has it's own benefits and shortfalls

Disadvantages

#Profit and #Loss account - New ideas leads to new challenges. They raise the eyebrow, especially in real life implementation. For example, my proposed ammonia cracking plants looked reasonable on HOMER PRO. But efficient hydrogen power generation requires on site engineering experience.

#Competition - UAE and Qatar hosted COP 28 and FIFA WC 2022 respectively. Whichever angle you view it, leads to healthy competition or something not desirable.

Advantages

#Rising above questions - While KSA is well known for traditions passed down, outsiders question the humongous #transition. According to rusty halo effect, a nationality experiences discrimination due to distorted public opinion. For instance, employers snub a particular nationality during hiring process. This leads to increased motivation to doubt haters.

#Billion dollar gamble - Apparently, with Aramco and Public Investment Fund (PIF), bringing giga projects to life is not a challenge. It depends on the right financial planning and patience. For instance, after new takeover, Malaga CF relegating to a second class league.

While #Sportswashing is a risk, the likes of Neymar Jr. and Cristiano Ronaldo bring more fame and austerity. In an unlikely case of not meeting construction obligations, #football is another route to balance the sheets.