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Relax and invest, Saudi prince tells investors after corruption crackdown

Officials meet businessmen to address concerns; new wave of mass detentions not on the cards, say sources

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Investors have long complained about corruption, and confronting it is a key part of reforms unveiled by Crown Prince Mohammed to transform Saudi Arabia and reduce the economy's reliance on oil exports.

Riyadh

THREE months after Saudi Arabia detained scores of people in a crackdown on corruption, its rulers are trying to reassure investors that the kingdom remains open for business.

Foreign and local investors have long complained about corruption, and confronting it is an...

sentifi.com

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