War Leaves Saudi Prince’s Dream of a New Mideast in Tatters
The Future Investment Initiative starts in Riyadh on Oct. 24 — and the annual event risks being overshadowed by the Israel-Hamas war.
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At Saudi Arabia’s flagship investment conference in October 2018, a defiant Prince Mohammed bin Salman took to the stage to promise that a new era was dawning for the Middle East.
“The new Europe is the Middle East,” the country’s de facto ruler, commonly known as MBS, said to applause from the crowd. “The coming renaissance in the next 30 years will be in the Middle East.”