Saudi Arabia’s latest economic plan comes with a big risk: while it might help boost investment, it could also hit the government’s finances. Crown prince Mohammed bin Salman wants the kingdom’s biggest companies -- including oil giant Saudi Aramco and chemical maker Sabic -- to reduce their dividends, most of which are paid to the state, and spend the money locally.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3gkrI9o
