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U.S. Businesses Sour On Saudi Arabia In Blow To Crown Prince’s Growth Plans – The Wall Street Journal

by NewsReporter
January 15, 2022
in News
Reading Time: 1 min read
us.-businesses-sour-on-saudi-arabia-in-blow-to-crown-prince’s-growth-plans-–-the-wall-street-journal
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RIYADH—Saudi Arabia courted the world’s top companies to modernize its economy. Instead, the business environment has grown more hostile and investors are souring on the oil-rich kingdom.

Uber Technologies Inc., General Electric Co. and other foreign firms were hit by surprise tax assessments often totaling tens of millions of dollars.

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