MBS is NOT the most powerful Crown Prince yet, even though he’s jailed all of his brothers and sisters and cousins trying to secure power from the King. MBS is the Rogue Crown Prince. And the king is too old and senile to be able to control him it’s a sad situation in Saudi Arabia.
Published on Oct 27, 2018
Up until Saudi journalist Jamal Khashoggi’s killing on October 2, the Saudis were on a charm offensive – building brand new megacities, investing in tech start-ups and letting women drive.
The world’s biggest oil exporter did everything it could to convince the world it was serious about change, and investor confidence was growing. This plan for the future was the brainchild of Crown Prince Mohammed bin Salman who was feted as a reformer. But then Khashoggi was killed and now Saudi Arabia and its crown prince are facing international scrutiny.
At an investment conference this week the crown prince rejected any idea his economic ambitions would be curtailed. But as things stand Saudi Arabia’s greatest strength, oil, is also its greatest weakness.