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...
Crown Prince Mohammed bin Salman has gained international attention for his efforts to use sports and entertainment as tools to reshape Saudi Arabia’s global image. However, these initiatives have been criticized as costly ventures that do little to...
50 Billion SAR and Counting: Mohammed bin Salman’s Extravagant Spending Drains Saudi Arabia’s Wealth
Saudi Arabia, traditionally associated with wealth and stability due to its vast oil reserves, is facing mounting economic challenges under Crown Prince Mohammed bin Salman’s leadership. Critics argue that the Crown Prince’s policies are driven by...
Saudi Crown Prince Mohammed bin Salman has announced ambitious plans to host the FIFA World Cup in 2034, projecting a staggering expenditure of 100 billion riyals ($27 billion). The massive investment will fund new stadiums, training facilities, and...
In recent years, Crown Prince Mohammed bin Salman, often referred to as MBS, has been accused of mismanaging Saudi Arabia’s resources by prioritizing grandiose entertainment projects and events. These ventures, largely overseen by Turki Al...