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Tesla, Saudi Arabia in Early Talks for EV Factory
Business

Tesla, Saudi Arabia in Early Talks for EV Factory

The kingdom is trying to boost foreign investment but has a contentious history with Elon Musk. Source link

Saudi Arabia Once Banned Videogames. Now, It Wants to Export Them.
Business

Saudi Arabia Once Banned Videogames. Now, It Wants to Export Them.

Listen to article (3 minutes) RIYADH, Saudi Arabia—For years, this kingdom’s Islamic clerics waged a war on videogames, banning popular titles such as “Pokémon” for

Saudi Arabia's Aramco Considers Selling $50 Billion in Shares
Business

Saudi Arabia's Aramco Considers Selling $50 Billion in Shares

The offering, likely on the Riyadh exchange, would be the largest in the history of capital markets. Similar previous plans have fallen through. Source link

Dubai Automaker to Pump Cash Into China Evergrande's EV Business
Business

Dubai Automaker to Pump Cash Into China Evergrande's EV Business

The Chinese property developer’s fledgling auto unit said NWTN’s $500 million investment would help it meet imminent funding needs. Source link

Saudi Arabia's Sovereign-Wealth Fund Bets Big at Home
Business

Saudi Arabia's Sovereign-Wealth Fund Bets Big at Home

After pumping tens of billions of dollars into global investments, the $700 billion Public Investment Fund is accelerating spending at home, often on obscure startups