Saudi Arabia's King Salman bin Abdulaziz Al Saud welcomes U.S. President Donald Trump with an arrival ceremony at the Royal Court in Riyadh, Saudi Arabia May 20, 2017. Picture taken May 20, 2017. REUTERS/Jonathan Ernst
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The disappearance of a Saudi journalist last seen entering the kingdom's consulate in Istanbul has shaken businesses' confidence in the country as a place to do business, with potential consequences for billions of dollars in investments into and out of the country.Q: Why does Prince Mohammad need foreign investors?Saudi Arabia has its own companies in more traditional fields like construction, which would get a lot of that investment. But the country would need technology, expertise and financing from outside to carry out Prince Mohammad's ideas. He wants, for instance, to have his Public Investment Fund – the state-backed investment vehicle – raise more money by selling a stake in chemicals company SABIC to state oil firm Saudi Aramco. Another cloud was cast over the business environment when Prince Mohammad locked up several dozen members of the Saudi elite in Riyadh's Ritz-Carlton hotel and seized what the country's attorney general said was more than $100 billion in assets.A: Republican Senators Marco Rubio and Lindsey Graham called for Saudi Arabia to be punished if it is confirmed it organized Khashoggi's disappearance.
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