Advisory firms maintain lucrative Saudi alliance, shaping Crown Prince's vision


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The press officers of the Embassy of Saudi Arabia in Washington did not respond to e-mails requesting comments.

In February 2016, consultants from McKinsey and BCG escorted five emissaries from the Saudi Royal Court to tour Washington's think tanks. They informed the Gulf experts of Mohammed bin Salman's main goals: to redo Saudi life, while the consultants, who were more numerous than the Saudis, silently took notes.

The BCG has been deeply involved in shaping the country's economic plan, called Vision 2030, which aims to dispel Saudi Arabia's dependence on oil revenues. A McKinsey report published in 2015 outlined this plan.

Asked by The Economist in 2016 about an estimated $ 4 trillion of the investment needed to transform the kingdom's economy, the prince immediately recognized the figure. "This is a report from McKinsey, not from the Saudi government," he said, adding that McKinsey "participates with us in many studies."

The conference on Investment Initiatives in the Future, held last month in Riyadh, under Prince Mohammed, highlighted the importance of Saudi Arabia for consulting firms. As leaders, businesses, and journalists withdrew amidst the global fury of Mr. Khashoggi's murder, they remained.

McKinsey led panels on money and energy, showed the program of the event. Boston Consulting Group's focus is on unspecified "intelligence".

In a statement, the BCG said it was focusing in Saudi Arabia on work that could "contribute positively to economic and societal transformation" and that the company had refused work that went against this principle. . The company declines projects involving a military or intelligence strategy, said a spokesman.

For years, Booz Allen trained the Saudi Navy as part of a US government program aimed at helping the Allied Armed Forces. The company has worked with the Navy in the areas of operations, intelligence and electronic warfare, as well as logistics and financial management, he said in 2012.

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