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U.S. Businesses Sour on Saudi Arabia in Blow to Crown Prince

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RIYADH—Saudi Arabia courted the world’s top companies to modernize its economy. Instead, the business environment has grown more hostile and investors are souring on the oil-rich kingdom.

Uber Technologies Inc., General Electric Co. and other foreign firms were hit by surprise tax assessments often totaling tens of millions of dollars.

Source : The Wall Street Journal

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NEWS7.ASIA :U.S. Businesses Sour on Saudi Arabia in Blow to Crown Prince
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