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On Tahlia Street, a busy commercial boulevard in central Riyadh, a rotating digital billboard shows ads for oud fragrance, white boxer shorts, and a glittering diamond watch. Then comes an image of Crown Prince Mohammed bin Salman seated at a desk, with one of his latest soundbites: “Saudi Arabia plans to spend more in the next 10 years than it has in the past 300.”
The poster went up hours after the prince unveiled new steps to bolster the economy on March 30. These were the latest in a series of initiatives since the beginning of the year that have reminded Saudis who’s in charge of the kingdom. The subliminal message is that any mistakes from the past five years are firmly behind the 35-year-old prince.
Saudi Crown Prince s Reputation Taints Plan To Open Saudi Economy ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.
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DUBAI: The spokesperson for the Saudi embassy in Washington has called on American companies to invest in Saudi Arabia.
He made the remarks during a webinar with the Colorado Springs World Affairs Council on Wednesday, the Colorado Politics journal reported.
“We want American companies to come to Saudi Arabia to build offices, to build factories, to invest in our country and invest in our youth,” said Fahad Nazer.
The Colorado Springs World Affairs Council is a not-for-profit, non-partisan, educational organization that covers global affairs.
Nazer highlighted historically strong ties between the US and Saudi Arabia which he said had been a feature of both Republican and Democratic administrations.