{"id":647208,"date":"2017-05-04T03:54:19","date_gmt":"2017-05-04T03:54:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/mbs-discusses-the-future-of-saudi-arabias-economy\/"},"modified":"2017-05-04T03:54:19","modified_gmt":"2017-05-04T03:54:19","slug":"mbs-discusses-the-future-of-saudi-arabias-economy","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/mbs-discusses-the-future-of-saudi-arabias-economy\/","title":{"rendered":"MbS discusses the future of Saudi Arabia\u2019s economy"},"content":{"rendered":"<p><strong>Crown prince in rare interview on Saudi Arabia\u2019s future: <\/strong>Saudi Arabia\u2019s Deputy Crown Prince Mohammed bin Salman (MbS) sat down for a rare television interview on Tuesday night, a year after launching the Vision 2030 program to overhaul the kingdom\u2019s government and economy. <a href=\"https:\/\/www.bloomberg.com\/politics\/articles\/2017-05-02\/wealth-fund-spending-and-ipo-key-remarks-by-prince-mohammed\">Bloomberg<\/a> rounded up the main points of the interview nicely: On Aramco, MbS said \u201cSaudi Arabia will continue to own its oil reserves and will only sell shares in the concession of Aramco\u201d with the size of the IPO depending on demand. From the proceeds of the IPO, 50-70% will be invested domestically via the Public Investment Fund. On domestic policy he said the government is working on compensating Saudi citizens for cuts to state energy and water subsidies through a cash payout program and plans \u201cto offer hundreds of thousands of free homes and a mn more with some form of low-cost financing.\u201d MbS also said a planned SAR 200 bn stimulus package \u201cwill greatly encourage the private sector.\u201d You can <a href=\"https:\/\/www.youtube.com\/watch?v=AZXSa6WZ-dA\"><strong>watch the interview here<\/strong><\/a><strong> in full<\/strong> (runtime 55:37).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crown prince in rare interview on Saudi Arabia\u2019s future: Saudi Arabia\u2019s Deputy Crown Prince Mohammed bin Salman (MbS) sat down for a rare television interview on Tuesday night, a year after launching the Vision 2030 program to overhaul the kingdom\u2019s government and economy. Bloomberg rounded up the main points of the interview nicely: On Aramco, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":647209,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9004],"tags":[72,2388],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-worth-watching","tag-enterpriseam","tag-worth-watching","wpautop","entry"],"acf":{"mongo_id":"7e5a4589-3e41-40ff-9e6f-2727c14e26dd","order":"0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2017\/5\/1464.jpg","photo_position":"above","related_issue":[647178],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MbS discusses the future of Saudi Arabia\u2019s economy - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/mbs-discusses-the-future-of-saudi-arabias-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MbS discusses the future of Saudi Arabia\u2019s economy\" \/>\n<meta property=\"og:description\" content=\"Crown prince in rare interview on Saudi Arabia\u2019s future: Saudi Arabia\u2019s Deputy Crown Prince Mohammed bin Salman (MbS) sat down for a rare television interview on Tuesday night, a year after launching the Vision 2030 program to overhaul the kingdom\u2019s government and economy. Bloomberg rounded up the main points of the interview nicely: On Aramco, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/mbs-discusses-the-future-of-saudi-arabias-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-04T03:54:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/1464.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/mbs-discusses-the-future-of-saudi-arabias-economy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/mbs-discusses-the-future-of-saudi-arabias-economy\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"MbS discusses the future of Saudi Arabia\u2019s economy\",\"datePublished\":\"2017-05-04T03:54:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/mbs-discusses-the-future-of-saudi-arabias-economy\/\"},\"wordCount\":182,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/mbs-discusses-the-future-of-saudi-arabias-economy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/1464.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"worth watching\"],\"articleSection\":[\"Worth watching\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/mbs-discusses-the-future-of-saudi-arabias-economy\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/mbs-discusses-the-future-of-saudi-arabias-economy\/\",\"name\":\"MbS discusses the future of Saudi Arabia\u2019s economy - 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