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Today — 20 November 2025Main stream

Saudi Arabia’s Prince Has Big Plans, but His Giant Fund Is Low on Cash

20 November 2025 at 07:00
After nearly a decade of expensive, hit-and-miss investments, Mohammed bin Salman is overseeing a behind-the-scenes restructuring of the kingdom’s all-important wealth fund.

© Haiyun Jiang/The New York Times

President Trump welcomed Crown Prince Mohammed bin Salman of Saudi Arabia to the White House on Tuesday.
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