Saturday 28 October 2017

Saudi prince uses ‘Davos in the desert’ to woo world’s top investors

Saudi prince uses ‘Davos in the desert’ to woo world’s top investors:

"Crown Prince Mohammed bin Salman beamed as he swept through a 3,000-strong crowd of politicians and the world’s most powerful financiers like a rock star.

At each turn, he was stopped for a handshake, a quiet word or selfies as people clamoured for their moment with the Saudi heir-apparent at a conference this week in Riyadh, dubbed by some as “Davos in the desert”.

The gathering was viewed as Saudi Arabia’s coming-out party, with the charismatic royal seeking to woo bankers and investors with his grandiose vision to overhaul the oil-dependent economy and modernise the conservative kingdom. And the 32-year-old did not hold back when outlining the scale of his ambitions."



'via Blog this'

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