Mohammed bin Salman: a combustible royal blazes a trail | Financial Times:
On the eve of King Salman’s ascent to the throne in 2015, an executive who has since been brought into the heart of Saudi government aired his concerns about the king’s favoured son, Mohammed bin Salman.
The executive feared that the inexperienced, combustible son of an infirm father would shake the kingdom’s foundations — for the worse. “He is scary,” the executive said of Prince Mohammed, then an obscure minor royal.
For all his foreboding, he could not have predicted the extent to which Prince Mohammed, who is also known as “MbS”, would tear up the rule book. As deputy prime minister, the 34-year-old crown prince has overturned tradition, ending bans on women driving and, just this week, part-privatising Saudi Aramco, the foundation of the kingdom’s power and prosperity.
The four-year saga of the oil company’s $25bn initial public offering reached a conclusion on Wednesday with its record-breaking listing on Riyadh’s Tadawul exchange.
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