MBS, as Saudi Arabia’s de-facto ruler is known, is “in a great hurry to change things around and to get the country moving in the direction of economic diversification and social liberalization,” said Bernard Haykel, a professor of Middle Eastern studies at Princeton University who has met the crown prince.īCG declined to make Khalil available for comment and efforts to contact the consultant, who is in his early 40s and splits time between Riyadh and Dubai, were unsuccessful. The Saudi sovereign wealth fund said the consultant is “a Senior Managing Director with BCG who advises PIF.” The work by consulting firms could become controversial again amid fresh tensions after US President Joe Biden pledged to reevaluate ties to Saudi Arabia, following a decision by the OPEC+ oil cartel to cut production.īCG said in a response to Bloomberg questions that Khalil isn’t on assignment at PIF and therefore “he does not act in any way” on behalf of the fund, adding that strategy is managed by “full-time PIF Senior Directors.” The 19% growth rate in Saudi Arabia’s consulting market outpaced all other Gulf countries, according to Source Global Research. and is in the process of developing a new $500 billion city.Īs PIF pursues a target of tripling assets under management to $2 trillion by 2030, Khalil’s role sheds light on the inner workings of one of the world’s most important sovereign wealth funds and underscores the influence external consultants play in Saudi Arabia’s transformation.Įven after consulting work in the country came under scrutiny by US officials in the wake of the 2018 murder of columnist Jamal Khashoggi, fees have exploded. In a sign of his prominence, the kingdom - which doesn’t recognize dual nationalities - took the rare step last year of granting Saudi citizenship to the native of Lebanon.Īs the main vehicle for Crown Prince Mohammed Bin Salman to diversify the oil-based economy, PIF has snapped up stakes in US blue chips like Uber Technologies Inc., supported last year’s listing of Lucid Motors Inc. While PIF has two executives in top strategy positions, half a dozen people inside and close to the fund say Khalil acts in a more senior manner because of his access to key players. Khalil has the ear of Yasir Al-Rumayyan, PIF’s governor, and has led recent in-house meetings on strategy, according to people familiar with the organization’s operations, who asked not to be identified because internal processes are private. While he doesn’t appear on any organizational chart at Saudi Arabia’s $620 billion Public Investment Fund, people who work with or at the state-owned entity describe him as a behind-the-scenes power broker who’s instrumental in the fund’s emergence as one of the world’s largest investors and in developing plans to help overhaul the kingdom’s economy.
One man signifies the success those companies have had in winning influence in the kingdom: Ihab Khalil, a Boston Consulting Group senior partner. As for what's up next, Epic is readying premium content for the free-to-play game Idle Champions of the Forgotten Realms starting on April 29.(Bloomberg) - Saudi Arabia’s plan to use its massive sovereign wealth fund to pursue grand ambitions has helped create a $1.8 billion bonanza for global consulting firms. The Alien: Isolationand Hand of Fate 2 specials can be found on their store pages for claiming. Graphics: Intel HD Graphics 4600, NVIDIA GeForce GT 630, Radeon HD 5670.Processor: 2.4ghz Intel Core 2 Duo or equivalent.Graphics: 1GB (AMD Radeon HD 5550 or Nvidia GeForce GT 430).Processor: 3.16Ghz Intel Core 2 Duo E8500.Here are the minimum requirements for the duo: Alien: Isolation
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The store is offering the Windows edition of Alien: Isolation as well as both Windows and macOS versions of Hand of Fate 2. Keep in mind that Epic has given away the Alien title previously in one of its daily promotions from last year, so some users may already have it waiting in their libraries.
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