I am not so sure.
At one of my customer sites I told them months ago that I fear that the House of Saud could fall at any time. The reason I updated my customer on this is that they have a joint venture in Saudi Arabia, with zero orders; plus they are owed a few million from a project finished a few years ago but the company there can't pay due to the decline in oil prices.
I recommended that they do business elsewhere since Saudi Arabia is having/causing problems with just about everyone on its boarder, plus MBS recently did a 'shake down' of most of the wealthy people within the kingdom, all the while he is going around Europe trying to raise investments for his 'Saudi 2030' vision, but in the same time period he spent $300 million on a chateau, $250 million on a yacht, and $450 million on a painting; my point being is that no one in their right mind would invest anything there while this guy was in power.
Saudi Arabia has problems or conflicts going with:
Yemen - troops at war plus blockade
Qatar - closed land boarder with them
Syria - trying to support rebels
Iraq -
Egypt - disagreements recently
Iran - fighting proxy wars with them in the region
Saudi Arabia at times over the past year seems to have gotten help from Israel to, it appears, prop up the government or back it up.
MBS literally beat money out of the wealthy class a few months ago, with hired mercenaries. My opinion is that hired mercenaries had to be used because Saudis would be reluctant to do that especially if they were fearful that MBS could fall from power and then the people they beat in the The Ritz-Carltonin Riyad now were out to get revenge on them.
