Another controversy emerges from the same MBS playbook where he tries to bully political and business leaders into toeing his agenda.
Backed by the kingdom's oil wealth, the crown prince is pushing once-close allies to follow Riyadh’s lead.
Aramco’s public listing went ahead without the involvement of foreign investors, amid concerns about the high valuation imposed by MBS.
Saudi Arabia's oil company surpassed Apple as the largest listed company in the world. Aramco is worth more than the top five oil companies Exxon Mobil, Total, Royal Dutch Shell, Chevron and BP combined.
US authorities charged two Saudi nationals and an American citizen after an investigation into the mining of data on critics of Riyadh.
Prominent experts argue that under Crown Prince's command Riyadh has made “disastrous mistakes” that weaken the kingdom in a volatile region where Iran’s stature is on the rise.
The move is the latest in a series of measures aimed at increasing the rights of women in the kingdom, even as rights groups accuse Riyadh of cracking down on women's rights activists.
Crown Prince Mohammed bin Salman is facing problems on multiple fronts, many of his own doing, which has left the kingdom in a weakened state.
Last month's attack on Aramco oil facilities sparked concerns about Crown Prince Mohammed bin Salman's ability to defend and lead the world’s largest oil exporter.
Conflicting accounts of the killing of General Abdulaziz al-Faghem and an irregular confirmation of his death by official sources have led to a rise in speculation that foul play was involved, or at worst a coup within the House of Saud.
Two years ago, the kingdom’s young and inexperienced ruler was confident he could “get rid of” Iran from the Middle East, but now has shifted towards seeking dialogue.
Saudi Crown Prince Mohammed bin Salman says war [with Iran] would be catastrophic for global growth, in an interview with CBS, followed by more than one percent drop in oil prices.
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