Similar Stories to What's At Stake If Investors Begin To Shun Saudi Arabia on Bing News

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

BING NEWS:
  • Saudi Arabia Lures Global Investors with Ambitious Financial Reforms
    Saudi Arabia’s financial sector is undergoing a significant transformation,with the kingdom setting its sights on attracting a surge of foreign investment.A recently unveiled report,the 2023 Financial ...
    05/2/2024 - 6:51 pm | View Link
  • Biggest Saudi IPO of the Year Sells Out in Under an Hour
    Investors snapped up all shares on offer in a Saudi hospital group minutes after books opened on the deal that’s shaping up to be the largest listing in the kingdom so far this year.
    05/1/2024 - 7:29 pm | View Link
  • BlackRock Teams With Saudi Sovereign Wealth Fund to Launch Riyadh-Based Investment Firm
    BlackRock and Saudi Arabia's sovereign wealth fund have agreed to establish a new multi-asset investment firm based in the Saudi capital. The new entity, BlackRock Riyadh Investment Management, will ...
    04/30/2024 - 6:05 am | View Link
  • BlackRock’s Fink Set to Corral Investors at Saudi Summit
    BlackRock Inc. is set to host a gathering of top corporate executives and government officials in Riyadh, marking the US firm’s first event on this scale in the Saudi capital and bolstering the ...
    04/28/2024 - 8:26 pm | View Link
  • Saudi Arabia's $1 trillion giga project The Line is looking for investors after decreasing in size
    Saudi Arabia is looking to China for investments into its urban area project estimated as costing around $1 trillion to build ...
    04/24/2024 - 4:04 am | View Link
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