“DAVOS IN THE DESERT 2” FACES A SOPHOMORE SLUMP
BY GEORGE HAY If Saudi Arabia’s Future Investment Initiative was 2017’s must-attend conference, its sequel looks anything but. Trekking to Riyadh for the so-called “Davos in the Desert”, to be held in...
View ArticleSAUDI’S INVESTMENT FUND: THE VIEW FROM 2023
BY GEORGE HAY Saudi Arabia wants to expand the assets in its Public Investment Fund by 60 percent by 2020 as it diversifies away from oil. Breakingviews imagines the letter its chief executive will...
View ArticleTESLA IS RISKY VEHICLE FOR SAUDI REFORM DRIVE
BY LIAM PROUD Saudi Arabia’s Crown Prince Mohammed bin Salman risks picking the wrong driver. The kingdom’s sovereign wealth fund already holds nearly 5 percent of Tesla and expressed interest in...
View ArticleSAUDI’S FUND MANAGER-IN-CHIEF VEERS OFF-PISTE
BY GEORGE HAY Mohammed bin Salman is Saudi Arabia’s fund manager-in-chief. The 32-year-old crown prince has direct control of the $250 billion Public Investment Fund, making him central to the...
View ArticleSAUDI’S ARAMCO PLAN B IS TOO CLEVER BY HALF
BY GEORGE HAY Mohammed bin Salman’s financial engineers are earning their fees. Plans for the Saudi crown prince to spearhead a triumphant listing of domestic oil titan Aramco are on ice, but his...
View ArticleSAUDI RISKS SQUANDERING LOOMING OIL BOON
BY GEORGE HAY Hang out in Saudi Arabia long enough and you may encounter sidewall skiing. This pursuit, a big hit among the kingdom’s underemployed youth, involves changing the tyre of a speeding car...
View ArticleMBS GAINS EITHER WAY FROM SAUDI ANTI-GRAFT ENDGAME
BY GEORGE HAY Mohammed bin Salman secured a handsome return on his anti-corruption drive. The crown prince and heir to the Saudi Arabian throne over the weekend released billionaire Prince Alwaleed...
View ArticleRITZ ROUNDUP IS DARK SIDE OF GRAND SAUDI AMBITION
BY ROB COX Not two weeks ago, Saudi Arabia’s crown prince declared before thousands of his subjects and invited guests that his country needed to move to a more just, open and moderate Islamic...
View ArticleSAUDI UTOPIA PLAN IS SO BONKERS IT JUST MIGHT WORK
BY ROB COX Mohammed bin Salman, Saudi Arabia’s crown prince, wants to build utopia from scratch. This week he unveiled his vision for NEOM, a shining city on the Red Sea where entrepreneurs will draft...
View ArticleKOOL-AID ON TAP IN SAUDI ARABIAN DESERT
BY LAUREN SILVA LAUGHLIN Saudi Arabia was offering drafts of Kool-Aid in the desert this week. The vision of the crown prince, Mohammed bin Salman, for a $500 billion mega-city may have generated...
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