Education and institutional reform are key to the future of Saudi Arabia and to a lesser extend the rest of the region, according to a study released on Wednesday by the World Economic Forum (WEF).In its latest look at where the Saudi Arabia will be in 20 years time, the WEF points to these areas as the biggest challenges facing the kingdom’s economic and social development.‘Saudi Arabia and the World: Scenarios to 2025’ questions whether the Gulf Arab state will be able to implement necessary economic and political reforms, whether it will be able to maintain internal stability and whether it can develop an environment in which business can flourish.