Ambitious Saudi reforms up against 'vested interests'

Saudi authorities will have to confront a range of vested interests if they hope to pull off an ambitious plan to diversify the economy away from oil, analysts said. The "Vision 2030" plan, unveiled Monday by the kingdom's powerful Deputy Crown Prince Mohammed bin Salman, aims to transform an economy that has for decades relied mainly on Saudi Arabia's vast oil resources. At the root of the plan is the sale of less than five percent of state oil giant Saudi Aramco in what officials say will be t