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.