What's At Stake If Investors Begin To Shun Saudi Arabia

FRANKFURT, Germany (AP) — The disappearance of a Saudi journalist last seen entering the kingdom's consulate in Istanbul has shaken businesses' confidence in the country as a place to do business, with potential consequences for billions of dollars in investments into and out of the country. It's a blow, analysts say, to efforts by Crown Prince Mohammed bin Salman to convince the world that the country is a reputable place to strike the deals needed the to power a wide-ranging transformation of the economy. As allegations emerge that Jamal Khashoggi was gruesomely murdered, political pressure to isolate Saudi Arabia is increasing. Here is a look at the Saudi leader's economic plans and what is at stake if business leaders begin to shun the country. ___ Q: Why does Prince Mohammed need foreign investors? A: The crown prince wants to diversify the economy away from oil and transform its business and political model.Read more on NewsOK.com

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