Mohammed bin Salman

Trump defends Saudi prince over journalist Khashoggi’s murder

US PRESIDENT Donald Trump defended Saudi Arabia’s Crown Prince Mohammed bin Salman Tuesday over the 2018 killing of dissident journalist Jamal Khashoggi as he wooed the key ally with a lavish welcome ...

Saudi Arabia Crown Prince Mohammed bin Salman says: “The strong economic growth the kingdom is experiencing today has been accompanied by a rise in residential property prices in some areas of the kingdom to unacceptable levels.”

Saudi prince vows to stop ‘unacceptable’ rise in property prices

The comments come as the country prepares to launch a new law in 2026 that is set to make it easier for foreigners to buy property

In a phone call between the two leaders, Crown Prince Mohammed bin Salman said the Trump administration's  expected reforms could create “unprecedented economic prosperity”.

Saudi Arabia plans US$600 billion in new US investment, trade over four years

SAUDI Arabian Crown Prince Mohammed bin Salman told President Donald Trump that the kingdom wants to put US$600 billion into expanded investment and trade with the United States over the next four yea...

The kingdom is targeting FDI inflows of US$29 billion this year as Crown Prince Mohammed Salman seeks more cash to drive his multi-trillion dollar plan to diversify the economy away from oil.

Saudi FDI struggles cast shadow over Crown Prince’s plans

Inflows amounted to US$9.7 billion in the first six months of 2024 just a touch higher than the prior year

The US$925 billion Saudi wealth fund has listed several of its portfolio companies in recent years and is becoming an active debt issuer.

Saudi wealth fund picks JPMorgan, Morgan Stanley for Nupco IPO

SAUDI Arabia’s sovereign wealth fund has picked banks for the planned initial public offering of the kingdom’s largest medical procurement firm, as it hunts for cash to finance the crown prince’s ambi...

Neom, which is being developed on the Red Sea coast, is expected to be allocated 20 per cent less than its targeted budget for this year.

Saudi Prince’s trillion-dollar makeover faces funding cutbacks

The cuts mark a shift in priorities for the kingdom, which under its Vision 2030 plan to reshape the economy has announced projects costing an estimated US$1.25 trillion

Even with crude prices up 10 per cent this year, it’s trying to borrow its way through a fiscal squeeze caused by the need to fund huge projects championed by Crown Prince Mohammed bin Salman (top), to transform the economy.

Saudi Arabia ramps up bond sales to help fund MBS’ big projects

A US$5 billion sukuk on Tuesday brought total international debt sales from the kingdom this year to US$17 billion, more than any other emerging-market sovereign

The visit to Japan by Saudi Arabia’s Crown Prince Mohammed bin Salman will be his first since 2019.

Saudi crown prince to visit Japan

SAUDI Arabia’s Crown Prince Mohammed bin Salman will visit Japan from May 20 to 23 when he will meet the emperor and the prime minister, Tokyo said Friday.

The crown prince has also loosened many social restrictions, but the nation still draws criticism from human rights organisations for its regular crackdown on dissidents.

Banking giants race to Riyadh as MBS steps up pressure campaign

WHEN Deutsche Bank last month brought back its former CEO for the Middle East and Africa, the reappointment came with a twist: Unlike his prior stint at the German lender, Jamal Al Kishi will no longe...

The crown prince and Putin had stressed in their meeting the need for Opec+ members to commit to the group’s agreement.

Russia, Saudi Arabia urge all Opec+ powers to join oil cuts

Saudi Arabia and Russia, the world’s two biggest oil exporters, on Thursday (Dec 7) called for all Opec+ members to join an agreement on output cuts for the good of the global economy, just days after...