Saudi Crown Prince Mohammed bin Salman (MBS) continued to spend unlimited and uncontrolled amount of money on huge entertainment projects despite the Kingdom’s economic challenges and difficulties. In this regard, Saudi’s “Seven”, owned by the...
As part of Saudi Crown Prince Mohamed bin Salman’s (MBS) uncontrolled and massive spending, dogs had had festivals with a cost of millions of dollars. Well-informed sources reported that the cost of the dog festival announced by the head of...
As part of his 2030 vision, Saudi Crown Prince Mohamed bin Salman (MBS) plans to invest another $1.1 trillion in the tourism sector over the next 10 years. Saudi Arabia’s Public Investment Fund (PIF) says it intends to invest $1.1 trillion (SAR4...
Saudi Crown Prince Mohamed Bin Salman (MBS) has spent 200 million riyals on the prizes of the Saudi Games 2023, whose second edition will take place between November 25 and December 10 in Riyadh, sources familiar with the matter revealed. Athletes...
Saudi Crown Prince Mohammed bin Salman (MBS) is spending billions on sport, media, and technology as part of his drive to whitewash his poor human rights record. In just one year, MBS spent 400 million riyals on failed contracts and the penalty...
Saudi Crown Prince Mohamed bin Salaman (MBS) is set to invest more than $4 billion in a luxury coastal tourism destination called Epicon that will also include residential offerings, well-informed sources revealed. Situated on the Gulf of Aqaba...
Foreign investors pulled a record amount of money from US equity funds tracking Saudi Arabia in October as the Middle East’s worst violence in decades shook the region’s business-friendly narrative, well-confirmed sources revealed. The...
Saudi Arabia is becoming a sporting superpower after the de facto ruler, Crown Prince Mohammed bin Salman (commonly known as “MBS”) has spent billions of dollars on high-profile international sporting events in a bid to bolster its international...
Saudi Crown Prince Mohammed bin Salman’s (MBS) Vision 2030 prides itself on offering “world-class entertainment” and says that it has organized up to 3,800 entertainment events in the country, attended by more than 80 million people...
NEOM megacity project appears to be one of the crown prince’s highest priorities, and the Saudi state is devoting immense resources to making it a reality. But five years in and with little progress in sight, cracks are appearing in Crown...