Prince Alwaleed: Currency De-Pegging a 'Last Resort'

The transcript discusses Saudi Arabia's economic challenges, including maintaining a currency peg and potential borrowing needs. It highlights the confidence in the bond market and the strategic move to take Saudi Aramco public. The conversation also covers the construction progress of the Jeddah Tower, addressing delays and financing issues.

What is the current currency peg of the Saudi rial to the dollar?

• 4.00 rials to the dollar

• 3.75 rials to the dollar

• 3.50 rials to the dollar

• 4.25 rials to the dollar

What is the potential borrowing amount Saudi Arabia might need, as discussed in the video?

• $50 billion

• $100 billion

• $200 billion

• $150 billion

What percentage of Saudi Aramco is being considered for public offering?

• 2%

• 15%

• 5%

• 10%

What is the main reason for taking Saudi Aramco public, according to the video?

• To increase oil production

• To enhance transparency and liquidity

• To reduce foreign debt

• To expand into new markets

What is the main challenge faced in the construction of the tallest tower in Jeddah?

• Delays due to contractor issues

• Environmental concerns

• Lack of skilled labor

• Insufficient building materials

How is the financing for the Jeddah tower project secured?

• Through private investors

• Through international loans

• By local bank agreements

• Via government funding

What is the expected completion rate for the Jeddah tower construction?

• One floor every 15 days

• One floor every 3 days

• One floor every 7 to 10 days

• One floor every 5 days