When Amr al-Dabbagh, the former governor of the Saudi Arabian General Investment Authority, was a no show at Riyadh’s biggest international conference, the rumour mill whirred into action.
His absence at January’s Global Competitiveness Forum, a gathering at which he had been at the forefront since its creation in 2006, foretold what was to come: his replacement at the head of the authority known as Sagia.
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