MBS

Saudi Arabia's PIF Expands Its Fundraising Efforts to Support Ambitious Spending Plans

1 month ago

In a bold move to align with Crown Prince Mohammed bin Salman's extensive spending goals, Saudi Arabia's Public Investment Fund (PIF) is actively diversifying its fundraising strategies. The PIF is looking to raise significant capital as part of its long-term vision to reshape the kingdom's economy away from oil dependency.

Saudi Arabia's Bold $770 Billion Investment in the U.S. with Ambitious Future Plans

3 months ago

In a significant disclosure, Saudi Arabia has revealed that it has invested approximately $770 billion in the United States. This massive figure underlines the kingdom's strategic commitment to fostering a robust economic relationship with the U.S. as its Crown Prince, Mohammed bin Salman (MBS), continues to seek further investments in the nation.

Saudi Arabia's FDI Struggles Cast Shadow Over Crown Prince MBS's Ambitious Plans

7 months ago

These challenges, therefore, highly threaten Saudi Arabia's ambitious attempt to attract FDI, and if care is not taken, Crown Prince Mohammed bin Salman's dream of a total economic transformation of the kingdom may never be realized. The little FDI inflow into Saudi Arabia has not matched the government's lofty target amid aggressive reforms and some high-profile initiatives meant to reduce dependence on its oil.