Saudi Arabia faces a problem. The G20 nation and de facto head of OPEC relies almost solely on oil to power an economy that has swelled five-fold in size since 1998. With oil prices in a rut and no one certain when they will recover, the country needs to diversify its economy. That need is driving Saudi royalty to approach American companies in the hopes of attracting foreign direct investment in a way that the country has not in the past.

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