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- Saudi Arabia’s Prince Has Big Plans, but His Giant Fund Is . . .
After nearly a decade of expensive, hit-and-miss investments, Mohammed bin Salman is overseeing a behind-the-scenes restructuring of the kingdom’s all-important wealth fund
- Saudi Arabia’s Prince Has Grand Ambitions, Yet His Massive . . .
In response to the cash crunch, the Crown Prince has launched a discreet restructuring effort aimed at streamlining the fund’s operations and improving its financial health Core elements of the plan include: Asset rationalisation: Reviewing and, where necessary, divesting non‑core or underperforming holdings to free up capital
- Saudi Crown Prince Visits Trump—With Less Cash to Splash - MSN
President Trump frequently extols Saudi Arabia for its extraordinary wealth But as Saudi Crown Prince Mohammed bin Salman arrives for a White House visit Tuesday, his pockets aren’t as deep as
- Saudi prince has a $500 billion plan for a floating Silicon . . .
The plan to turn the northwest Red Seacoast into a high-tech hub was initially announced in 2017 by the Crown Prince
- Saudi Arabia floats $600 billion investment in US | AP News
The Saudi prince says the kingdom wants to invest $600 billion in the United States over the next four years, comments that came after President Donald Trump mused about returning to the kingdom as his first foreign trip
- Saudi Arabia Crown Prince’s Makeover Gets Reality Check . . .
That’s weighing on the kingdom’s overall economic stability as it keeps spending on Prince Mohammed’s huge projects, which include everything from the new city of Neom to tourist resorts
- Saudi prince powers ahead with futuristic city and sports . . .
Saudi Arabia is forging ahead with Crown Prince Mohammed bin Salman’s flagship giga-projects, awarding billions of dollars of contracts despite Riyadh being forced to impose swingeing austerity
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