It was on tonight's news at 10 and the arrests happened last night. Surprised this is not classed as relevant to us and is in the other section, as I'm not sure our Prince could be accused of throwing his money about. It could explain why the there has never been the game changing investment, if he is on the inside and knows it will be frowned upon. Certainly the new Saudi regime don't have the same oil wealth they had a few years ago when they decided to take on the threat of the fracking industry and reduce the cash ISIS was making on the black market selling Iraq oil. That is why your petrol came down from 140+ a litre to a quid and has only slowly come up to 115 due to devaluation after some idiots voted for brexit.
Woolhouse and Hincliffe are not the calibre of businessmen (crooks) I was meaning. More like the equivalent of the billionaire of today would be Graves, Samuel Fox ect.
I think you're reading too much into something which is currently not affecting our owners.
As for the issues in Saudi with corruption, its often a case of "new broom sweeps clean" in Saudi these changes and big reactions happen from time to time. From what i understand at least.
Saudi Arabia is slowly going to shit. An economy based on crumbling oil business. Falling out with their neighbours (Qatar) and a currency that's been in decline for months (years). It's not looking particularly great over in the gulf.
Can't see our prince being involved in this though. He's only very briefly been involved in Saudi politics, don't think he's had the time to get involved in the kind of corruption the BBC are on about!
Not sure where these statements above come from, however, heres my take:
Oil - Always a boom and bust industry, very cyclical, currently the oil price is recovering (slowly) from where it was a year or two ago.
Economy - Diversifying (just like the likes of UAE, Qatar and other ME countries, they have invested heavily overseas and are not as reliant on Oil as perhaps they were 10 or 20 years ago)
Falling out with Neighbours (Qatar) - the only neighbour that i know they have fallen out with recently and formally is Qatar as you say, however, its not a trend as such because Qatar is seen to be aligned with Iran, whereas the other neighbours seem to have sided with Saudi on this.
One thing that i would add is that the troubles in Yemen are causing Saudi some issues in that region, but generally things appear more normal in Saudi.
As for the Gulf in general not sure i agree with your statement
