Since coming to power, Saudi Crown Prince Mohamed bin Salman (MBS) has spent a third of the kingdom’s budget on weapon purchases, despite the high unemployment rate. Saudi Arabia ranked as the second-largest arms importer globally in 2018-2022...
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...
Lucid Group Inc (LCID) stock is down 66% over the past year and gets a Bearish rating from Investors Observer Sentiment Indicator. This came shortly after Saudi Arabia’s Public Investment Fund (PIF) holds nearly 65% of Lucid’s common...
The Brazilian authorities have ordered a police investigation into reports that government staff under the former President, Jair Bolsonaro, tried to bring millions of dollars worth of jewellery into the country “without complying with legal...
Instead of improving his people’s living situation, Saudi Crown Prince Mohammed bin Salman (MBS) continues to spend billions of dollars hosting major entertainment, cultural, and sporting events as a deliberate strategy to deflect his...
The $500 billion futuristic city of NEOM, declared by Saudi Crown Prince Mohammed bin Salman (MBS) as part of his Vision 2030 project, will never come true. Saudi Arabia is building its very first cognitive and smart $500 billion city, that is...