In early November 2017, nearly 400 of Saudi Arabia’s most powerful people, among them princes, tycoons and ministers, were rounded up and detained in the Ritz-Carlton hotel, in what became the biggest and most contentious purge in the modern kingdom’s history. The arrests shook the foundations of Saudi society, in ...
Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud has said that the Kingdom will miss more than 100 billion riyals (over $27 billion) in 2020 due to the fall in crude-oil prices this year amid the COVID-19 pandemic. “According to the 2020 budget projections presented last year, government ...