Relax and invest, Saudi prince tells investors after corruption crackdown - News Summed Up

Relax and invest, Saudi prince tells investors after corruption crackdown


Saudi offici­als have been holdin­g meetin­gs with busine­ss commun­ity, reassu­ring anti-graft crackd­own mostly overThree months after Saudi Arabia detained scores of people in a crackdown on corruption, its rulers are trying to reassure investors that the kingdom remains open for business. “This is not a recommendation for why you should invest in Saudi Arabia,” said a Western businessman with extensive contacts in the kingdom. Saudi Arabia is not a perfect country. Saudi Arabia is like any other country. They must deliver change, and one way to do that is by tackling corruption in Saudi Arabia’s opaque business world.


Source: The Express Tribune February 20, 2018 09:56 UTC



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