Deals
Saudis Raise Allowances for Some Royals After Purge
- Increase comes after government ends free utilities for royals
- Saudi government official says the report is not true
Mohammed bin Salman
Photographer: Fayez Nureldine/AFP via Getty Images
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Saudi Arabia increased its payments to some members of the royal family just as officials were wrapping up a controversial anti-corruption campaign that targeted some of the kingdom’s richest men and most prominent princes, according to three people with knowledge of the matter.
The most recent monthly stipend -- paid after the government had stopped covering electricity and water bills for royalty -- was raised by as much as 50 percent, two of the people said. A Saudi government official said the report was “absolutely not true.”