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Saudi Arabia: Into the unknown

The crown prince’s domestic and regional policies are taking the kingdom along several new and uncharted paths

It's time to take the reference books off the shelf and rip out the pages on Saudi Arabia. They're all out of date. The changes over recent weeks—Crown Prince Mohammed bin Salman's consolidation of power and the arrests of hundreds of people on corruption charges—have taken the kingdom past the point where the traditional structures and symbols of Saudi leadership can be seen any more. The kingdom of Saudi Arabia is becoming more akin to a modern authoritarian republic than an old-fashioned Gulf monarchy. Against the backdrop of what in Saudi terms represents a leadership revolution it's easy to overlook the fact that another cataclysmic change is on the cards: the initial public offering o

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