Mbs on SAUDI VISION 2030 Intelligence Platform

France Reopens Khashoggi: The Legal Ghost Inside the MBS Brand

Sun, 17 May 2026 00:00:00 +0000

Executive read

France has reopened the Jamal Khashoggi file at the worst possible moment for the Saudi transformation narrative.

On 16 May 2026, Reuters reported that a French judge had been appointed to lead an inquiry into the 2018 killing of Jamal Khashoggi, following a Paris Court of Appeal ruling that complaints filed by TRIAL International and Reporters Without Borders were admissible. The probe covers allegations of torture and enforced disappearance; a separate complaint by DAWN, the organization founded by Khashoggi before his death, was ruled inadmissible, according to Reuters and the French national anti-terrorism prosecutor’s office, PNAT. Reuters

Saudi Arabia Inc.: Is Mohammed bin Salman Building a Country or a Holding Company?

Thu, 12 Mar 2026 00:00:00 +0000

Saudi Arabia Inc is the shorthand for a Saudi political economy increasingly organised around PIF, Mohammed bin Salman, and a state-led holding-company model.

Here is a question that gets asked in private at every investment conference in Riyadh and never asked on stage: is Saudi Arabia diversifying its economy, or is it consolidating it under a single entity?

The Public Investment Fund — PIF — now manages approximately $941 billion in assets. It is one of the largest sovereign wealth funds on earth. It was the most active investor globally in 2025, deploying $36.2 billion in new capital. It owns, fully or partially, Riyadh Air (the national airline), the Saudi Pro League (football), ROSHN (residential real estate), ACWA Power (renewable energy), Alat (electronics manufacturing), Lucid Motors (electric vehicles), Newcastle United (English Premier League football), the Future Investment Initiative (the Kingdom’s flagship conference), the King Abdullah Financial District, and dozens more entities across every sector of the economy.

Vision 2030 at Ten: The Most Expensive Reality Check in History

Thu, 12 Mar 2026 00:00:00 +0000

Vision 2030 at Ten: Saudi Arabia Reality Check

In February 2026, a royal decree landed that most of the financial press treated as a footnote. King Salman dismissed Khalid Al-Falih, the veteran energy executive who had served as Investment Minister since 2020, replacing him with Fahad Al-Saif — a man whose entire career had been spent inside the machinery of the Public Investment Fund. The swap was surgical, deliberate, and deeply revealing.