Last week, two events injected energy and excitement into what was beginning to look like an anemic end of the year in the Middle East as far as political developments are concerned.
The first event was the decision by the Saudi leadership to create a new mechanism to deal with alleged cases of corruption, embezzlement and influence-peddling.
The sheer number of cases referred to a special court on those charges was enough to capture the headlines. The fact that the 208 people under investigation included princes, prominent bureaucrats, and business tycoons intensified the event’s headline-grabbing potential.
But what really attracted world attention was the unexpectedness of the Saudi move.
Few, even among genuine or self-styled experts on Saudi Arabia, expected Riyadh to go right to the heart of the matter rather than dance around the issues as had been the norm in the past. Some observers, including many in Western think-tanks, warned of the danger of instability inherent in departure from old patterns of behavior.
However, the latest move is in accordance with the kingdom’s new strategy aimed at recruiting the concept of change as an ally rather than a threat.
It is possible to argue that because old methods didn’t produce the desired results, stability, which had been a key asset of the kingdom for decades, had morphed into stagnation. Thus, the new strategy is designed to end stagnation and prepare the path for a new form of stability capable of reflecting changed social, economic and political circumstances of the kingdom.
If Saudi Arabia is genuine in its declared desire to become an active member of the global system, the first thing it has to do is to offer the rule of law in the sense understood by most people around the world.
Trying to build an economy beyond oil, Saudi Arabia needs to attract massive foreign investment in both financial and technological domains. And that won’t be possible without a strong legal system backed by transparency, competition and equality of opportunities.