The House of Saud in Commerce

{ "title": "The House of Saud in Commerce: An Evolutionary Journey", "sections": [ { "heading": "Introduction: The Turning Point of the Seventies", "content": "The 1970s marked a pivotal era for Saudi Arabia, characterized by the 'oil revolution.' This period led to a significant consolidation and institutionalization of the royal government and, concurrently, a dramatic increase in the economic and business engagement of the Royal Family. This study aims to connect these extensive royal business activities to Saudi Arabia's broader national development, presenting itself as the first major examination of the gradual emergence of entrepreneurship within the Saudi Royal Family. The findings suggest that these 'royal entrepreneurs' have played a crucial role in shaping and developing the Saudi private sector, fostering a positive climate