The powerful young prince overseeing Saudi Arabia’s economy unveiled ambitious plans on Monday (April 25) aimed at ending the kingdom’s “addiction” to oil and transforming it into a global investment power. Deputy Crown Prince Mohammed bin Salman said the kingdom would raise the capital of its public investment fund to 7 trillion riyals ($2 trillion) from 600 billion riyals ($160 billion). He added that the world’s top oil exporter expects state oil company Saudi Aramco […]





