MBS’s multibillion dollar gift to New Dubai is bust as Jamal Khashoggi’s ghost scares investors

Mohammed bin Salman, the crown prince of Saudi Arabia known universally as MBS, is offering deals to blue-chip multinational companies, including a 50-year tax holiday to relocate to the capital Riyadh, as he seeks to rehabilitate as a pro-business modernizer after the disastrous damage to reputation of the state-sanctioned murder of Jamal Khashoggi.

The campaign to fill some of the 59 skyscrapers in Riyadh’s ailing King Abdullah Business Park with the headquarters of prestigious IT and financial companies, however, has been largely unsuccessful.

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