Elena Holodny – This is Saudi Arabia’s ‘Achilles’ heel’

In the aftermath of the 2003 terrorist attacks carried out by nationals in Riyadh, Saudi Arabia, then Crown Prince Abdullah argued that youth unemployment was the kingdom’s biggest challenge.

Fast-forward 13 years, and the problem remains a pressing issue for the Arab state.

“Abdullah singled out youth unemployment as Saudi Arabia’s No. 1 security challenge — and it is,” Helima Croft, head of commodity strategy at RBC Capital Markets, told Business Insider in an interview on Tuesday. “That’s the Achilles’ heel of Saudi Arabia — the question of how to deal with its young population.”

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