Saudi royal purge: Crown prince's high-stakes gambit

Saudi royal purge: Crown prince's high-stakes gambitWith his sweeping royal purge, Saudi Arabia’s future king has upended a decades-old system of governance adopted by previous rulers in what analysts describe as a bold but risky power play. Dozens of political and business figures were arrested at the weekend in what Saudi authorities have dubbed an anti-corruption swoop, including billionaire Prince Al-Waleed bin Talal, while powerful royals such as the national guard chief were sacked. The dramatic clampdown on business figures could deal a blow to investor confidence, potentially derailing sweeping Vision 2030 reforms, the brainchild of Crown Prince Mohammed bin Salman.



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