Saudis Appeal for Royal Guidance on Economy After Stocks Sink - Bloomberg Business:
"Saudi plastic surgeon and stock-market investor Sami al-Harki is looking for help.
Al-Harki already lost 40 percent on his shares, but doesn’t want to sell before the Saudi government tells him how it plans to address the Gulf nation’s biggest economic challenge for years. An official said this month’s 19 percent plunge in the benchmark Tadawul index, which has lost about $87 billion and entered a bear market, is just following a global trend. Preparations for the annual hajj pilgrimage topped the agenda of Monday’s cabinet meeting.
“How can I make any decisions amid this silence?” al-Harki, 42, said by phone from Riyadh. “As an investor, silence is a sign that something is wrong.”"
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