At a time when Saudi officials increasingly emphasize fiscal discipline, project reviews, and the need to prioritize spending amid growing budget deficits and liquidity pressures, new multi-billion-riyal commitments continue to emerge in the sports...
Saudi Arabia’s financial position has entered a far more dangerous phase after the Ministry of Finance announced a budget deficit of 125.7 billion riyals ($33.5 billion), marking the kingdom’s largest fiscal gap since 2018. Far from being a...
Nearly a decade after its launch, Saudi Arabia’s Vision 2030 is no longer being framed as a transformative economic success story, but increasingly as a project under pressure. What was once presented as a historic shift away from oil dependency is...
What was once presented as a flagship symbol of transformation under Mohammed bin Salman is now showing clear signs of strain. Saudi Arabia’s multi-billion-dollar push into global sports—framed as a pillar of economic diversification and...
The Saudi intelligence agency is waging an incitement and smear campaign against well-known preachers in the Kingdom and other Arab and Islamic nations in collaboration with the Islamic Etidal Centre, which was established by King Salman with the...
The Saudi Crown Prince, Mohamed Bin Salman (MBS), had previously announced and supported a number of illusory projects, all of which were merely facades used by MBS to manipulate public opinion in the Kingdom and lay the groundwork for his eventual...
The list of Saudi Crown Prince Mohammed bin Salman's (MBS) scandals is growing every day. A new stigma was recently revealed in relation to higher education field. Spanish paper, EL PAÍS, uncovered a Saudi scheme to fraudulently pump up university...
Since Saudi journalist Jamal Khashoggi was killed inside his nation's consulate in Istanbul, Turkey, Crown Prince Mohamed bin Salman (MBS) has been trying by all possible means to elevate Saud Al-Qahtani, his first man and adviser and the head of...
Following the coup led by Mohammed bin Salman (MBS) in 2017, the Kingdom of Saudi Arabia has experienced multiple economic crises and mounting debt. The Kingdom's debts have grown, citizen taxes have gone up, and prices for goods and services have...
Saudi Crown Prince Mohammed bin Salman's Vision 2030, whose accomplishments the media toy with, exposes new disappointments and failures with every day that goes by. High-speed freight transportation company Hyperloop One will shut down, having...
