Khashoggi to Aramco attacks: Saudi 'Vision 2030' clouded by risks | News | Al Jazeera:
Investors can tolerate a lot when there are deals to be done and money to be made. In the case of Saudi Arabia, the government's human rights violations at home and abroad failed to deter the titans of global capitalism from feting Crown Prince Mohammad bin Salman (MBS) as he peddled his grandiose Vision 2030 blueprint for diversifying the kingdom's economy away from oil.
Until Saudi journalist Jamal Khashoggi was murdered.
Khashoggi's murder in the Saudi consulate in Istanbul a year ago this week proved just how powerful a deterrent reputational risk has become in the age of "woke". As details of Khashoggi's murder were drip-fed via the Turkish media to a shocked global audience, business A-listers bailed in droves from the Saudi Public Investment Fund's (PIF) annual "Davos in the Desert" summit. Top executives who boycotted sent lower-ranking ones in their stead.
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