Saudi Arabia’s Public Investment Fund was once presented as the engine that would transform the kingdom into a diversified economic powerhouse beyond oil. Today, however, a growing number of its most expensive ventures are raising a different...
Saudi Arabia’s investment in Lucid Motors was once promoted as proof that the kingdom could buy its way into the future of advanced technology, electric vehicles, and industrial innovation. Today, however, the reality looks very different. Rather...
What is unfolding inside NEOM can no longer be dismissed as routine restructuring, technical revisions, or strategic recalibration. The repeated cancellations, withdrawals, and contract terminations now emerging from Saudi Arabia’s flagship mega...
The murder of Jamal Khashoggi is no longer merely a diplomatic scandal that faded with time or a political crisis Mohammed bin Salman managed to bury beneath arms deals, global investments, entertainment campaigns, and sports diplomacy. France’s...
After years of grand promises about a “new Saudi Arabia” and the transformation envisioned under Vision 2030, the contradictions inside the kingdom are becoming impossible to conceal. While hundreds of billions of dollars continue to pour into...
Saudi Arabia’s financial crisis is no longer a temporary imbalance buried inside quarterly reports. It has evolved into a structural emergency exposing the scale of economic distortion created under Mohammed bin Salman’s so-called “Vision 2030.” The...