By Reuters Staff
6 Min Read
DUBAI (Reuters) - The release of a U.S. intelligence report implicating Saudi Arabia’s Crown Prince Mohammed bin Salman in the killing of journalist Jamal Khashoggi has highlighted the political risk for companies and investors of doing business with the kingdom.
FILE PHOTO: Saudi Crown Prince, Mohammed bin Salman attends the Saudi Cup at King Abdulaziz Racetrack in Riyadh, Saudi Arabia, February 20, 2021. Saudi Press Agency/Handout via REUTERS
Saudi Arabia, which rejected the report’s findings, is keen to attract foreign investors to help end its dependence on oil. The kingdom has also been scouting for deals abroad to transform itself into a global economic powerhouse.