Saudi Arabia’s “Vision 2030”: Crown Prince Bin Salman’s High-Risk Privatization Plan
RIYADH, SAUDI ARABIA (Analysis) — It’s been nearly two years since Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman (MBS) unveiled his “Saudi Vision 2030” to reduce the Kingdom’s reliance on oil in hopes of reviving its declining economy. The move was undertaken with the goal of transforming Saudi Arabia into an international investment powerhouse through non-oil trade, as the Kingdom’s oil exports reach a record low and U.S.
