Crown Prince Mohammed bin Salman of Saudi Arabia has drawn fresh criticism after his administration announced a $400 million investment in Elon Musk’s AI company, xAI, through Kingdom Holding. The deal comes amid a backdrop of global skepticism...
Saudi Crown Prince Mohammed bin Salman has initiated a dramatic shift in the Kingdom’s economic strategy by selling state assets to foreign investors. In a first-of-its-kind move, the Public Investment Fund (PIF), under the direct control of...
Saudi Crown Prince Mohammed bin Salman (MBS) continues to pour billions into sports and entertainment projects in an attempt to bolster his image on the global stage. His most recent venture—an expensive boxing event in the UK—has drawn sharp...
In a troubling sign of Saudi Arabia’s financial mismanagement under Crown Prince Mohammed bin Salman, the Public Investment Fund (PIF), directly controlled by the Crown Prince, has recently borrowed $15 billion from an international consortium...
In a country where public spending and national priorities are under constant scrutiny, Saudi Crown Prince Mohammed bin Salman has raised eyebrows with a staggering $4 billion expenditure on the “Kingdom Tour 2024” summer entertainment...
In a bold and controversial move, Saudi Crown Prince Mohammed bin Salman has announced plans to invest $30 billion in building 11 state-of-the-art football stadiums across the Kingdom. This ambitious project aims to boost Saudi Arabia’s bid to host...
When the Saudi Crown Prince Mohammed bin Salman announced Vision 2030 in April 2016, he did not have a plan or information about the project to be able to speak in front of the cameras about. This was clear in the Crown Prince Mohammed bin...