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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

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

Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia
Business

Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia

The Brazilian miner is close to completing the deal with Saudi Arabia’s sovereign-wealth fund and a Saudi mining company. Source link

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.16%
Stock Market

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.16% By Investing.com

© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.16% Investing.com – Saudi Arabia stocks were lower after the close

Saudi Arabia to Lose Top Spot in OPEC+
Finances

Saudi Arabia to Lose Top Spot in OPEC+

The kingdom is set to fall below Russia as the largest oil producer in the alliance as its production cuts begin to bite, tightening the

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.54%
Stock Market

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.54% By Investing.com

© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.54% Investing.com – Saudi Arabia stocks were higher after the close

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

Pakistan receives $2 billion in Saudi financial support

© Reuters. FILE PHOTO: Pakistan’s Finance Minister Ishaq Dar leaves after a post-budget press briefing for the 2023/24, in Islamabad, Pakistan June 10, 2023. REUTERS/Ariba

Biden says White House response to banking stress is 'not over yet' By Reuters
Stock Market

Saudi National Bank was denied taking 40% Credit Suisse stake -report By Reuters

© Reuters. FILE PHOTO: The logo of Credit Suisse is pictured in front of the Swiss Parliament Building, in Bern, Switzerland, March 19, 2023. REUTERS/Denis