Tracey Emin, artist, left, and Pascal Anson, designer, stand in front of a British Airways Airbus A319 aircraft displaying 'The Dove' celebratory Olympics livery in a hangar at Heathrow airport in London, U.K., on Tuesday, April 3, 2012. British Airways parent IAG won European Union antitrust approval to purchase Deutsche Lufthansa AG's BMI unit in a deal that will boost its position at London's capacity-constrained Heathrow airport. (Bloomberg)
The small kingdom is among the most economically vulnerable of the GCC states, with high debt levels, low reserves and slow GDP growth. But it has identified jewels in its accelerating non-oil economy that will help it forge a new path for the future.