German Chancellor Angela Merkel delivered a speech during the opening evening of the 2014 CeBIT technology trade fair in Hanover, Germany. CeBIT is the world's largest technology fair. This year’s event has a particular focus on big data, social business, mobile, and cloud technology.
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.