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Google's Executive Chairman, Eric Schmidt adresses the 9th Global Competitiveness Forum (GCF2015), held in Riyadh, on January 26, 2015. Saudi Arabia's new leadership will push forward efforts to diversify the growing but oil-dependent economy, while easing procedures for investors, senior officials said. The annual event, organised by Saudi Arabian General Investment Authority (SAGIA, brings together high-ranking Saudi officials with world business leaders. AFP PHOTO / FAYEZ NURELDINE (Photo credit should read FAYEZ NURELDINE/AFP/Getty Images)

Google's Executive Chairman, Eric Schmidt adresses the 9th Global Competitiveness Forum (GCF2015), held in Riyadh, on January 26, 2015. Saudi Arabia's new leadership will push forward efforts to diversify the growing but oil-dependent economy, while easing procedures for investors, senior officials said. The annual event, organised by Saudi Arabian General Investment Authority (SAGIA, brings together high-ranking Saudi officials with world business leaders.  AFP PHOTO / FAYEZ NURELDINE        (Photo credit should read FAYEZ NURELDINE/AFP/Getty Images)