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China, Saudi, UAE Agree To Roll Over Pak's $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan's $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout package later this month.
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Saudi Crown Prince's $100 Billion Foreign Investment Quest Falters
Saudi Arabia has long recognized its funding requirements would mostly be backed by local capital and only partly by foreign money. Still, it wants to hit $100 billion of foreign direct investment annually by 2030.
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Army Chief Helped In Securing Funds From Saudi, UAE: Pak PM
Shehbaz Sharif on Saturday disclosed that Army Chief General Asim Munir played a role in securing funds from Saudi Arabia and the UAE -- a pre-condition by the IMF to seal a bailout deal with the cash-strapped nation.
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Elon Musk Denies Report on Plans for Multi-Billion Dollar Funding From Saudi, UAE for SpaceX
Elon Musk on Friday denied a media report that claimed investors from the United Arab Emirates and Saudi Arabia were planning on a multi-billion dollar investment in SpaceX. A report had claimed that the firm's next funding round was expected to value the rocket maker at about $140 billion (roughly Rs. 11,54,384 crore).
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Elon Musk Had 'Handshake Deal' for Tesla Takeover Before Posting 2018 Tweets, Former Aide Says
Elon Musk's former chief of staff Sam Teller testified during a Tesla shareholder trial on Wednesday that Elon Musk believed he had a "handshake deal" with representatives from Saudi Arabia's Public Investment Fund to take the company private. Teller's testimony came on the ninth day of a trial triggered by a class-action lawsuit filed on behalf of...
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"Was Told Saudi Crown Prince Was On Board": Elon Musk In Tesla Tweet Trial
Elon Musk on Monday told jurors that his 2018 tweet about taking Tesla private at $420 a share was no joke and that Saudi Arabia's sovereign wealth fund was serious about helping him do it.
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NRIs From 10 Countries Will Soon Be Able to Do UPI Fund Transactions Using International Numbers
The NPCI has permitted non-residents from 10 countries, including the US, Canada and UAE, to digitally transfer funds using the UPI platform from NRE/NRO accounts. The National Payments Corporation of India (NPCI) in a circular said it has been receiving requests for allowing non-residents to use international mobile numbers for transacting in Uni...
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Pak Army Chief Reaches Out To UAE, Saudi Arabia For Crucial Bailout Package: Report
Days after seeking US help in securing an early release of a crucial USD 1.7 billion instalment from the IMF to Pakistan, Army chief General Qamar Javed Bajwa has now reached out to Saudi Arabia and the UAE as part of his efforts to ensure financial
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Phil Mickelson Says He Does Not "Condone Human Rights Violations" On Eve Of New Series
Phil Mickelson said Wednesday he does not condone human rights violations in Saudi Arabia, on the eve of the first tournament of the divisive LIV Golf Invitational Series near London funded by the Gulf kingdom
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Elon Musk's 'Tesla Funding Secured' Tweet Inaccurate and Reckless, Says Court
Elon Musk's 2018 tweets that said funding was secured to take Tesla private was inaccurate and reckless, a US court said. The court further stated that "there was nothing concrete" about financing from Saudi Arabia's sovereign wealth fund at that time.
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Elon Musk's Latest $7 Billion Twitter Funding Could Face US Regulator Scrutiny: Experts
Elon Musk's decision to accept some foreign investors as part of his $44 billion buyout of Twitter runs the risk of inviting the kind of regulatory scrutiny over US national security that social media peer TikTok faced, as per legal experts.
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Lucid Motors Locks Agreement With Saudi Government To Purchase 100,000 EVs
The Lucid Air has been critically acclaimed and many believe its technology is superior to Tesla
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Newcastle United Issue "Arbitration Proceedings" Against Premier League After Failed Takeover
A consortium featuring the Saudi Arabia's Public Investment Fund withdrew its 350 million pounds offer for Newcastle United earlier this year following a long wait for the Premier League to approve the deal.
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Saudi Arabia's Wealth Fund Buys 2.04% Stake In Reliance Retail Ventures
The PIF said the investment would strengthen the fund's presence in the Indian economy and retail market.
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Saudi Arabia's Investment Fund To Invest Rs 9,550 Crore In Mukesh Ambani's Reliance Retail Ventures
Public Investment Fund (PIF) of Saudi Arabia will invest ₹9,555 crore for an equity stake of 2.04 per cent in Reliance Retail Ventures Limited (RRVL).
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China, Saudi, UAE Agree To Roll Over Pak's $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan's $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout package later this month.
-
Saudi Crown Prince's $100 Billion Foreign Investment Quest Falters
Saudi Arabia has long recognized its funding requirements would mostly be backed by local capital and only partly by foreign money. Still, it wants to hit $100 billion of foreign direct investment annually by 2030.
-
Army Chief Helped In Securing Funds From Saudi, UAE: Pak PM
Shehbaz Sharif on Saturday disclosed that Army Chief General Asim Munir played a role in securing funds from Saudi Arabia and the UAE -- a pre-condition by the IMF to seal a bailout deal with the cash-strapped nation.
-
Elon Musk Denies Report on Plans for Multi-Billion Dollar Funding From Saudi, UAE for SpaceX
Elon Musk on Friday denied a media report that claimed investors from the United Arab Emirates and Saudi Arabia were planning on a multi-billion dollar investment in SpaceX. A report had claimed that the firm's next funding round was expected to value the rocket maker at about $140 billion (roughly Rs. 11,54,384 crore).
-
Elon Musk Had 'Handshake Deal' for Tesla Takeover Before Posting 2018 Tweets, Former Aide Says
Elon Musk's former chief of staff Sam Teller testified during a Tesla shareholder trial on Wednesday that Elon Musk believed he had a "handshake deal" with representatives from Saudi Arabia's Public Investment Fund to take the company private. Teller's testimony came on the ninth day of a trial triggered by a class-action lawsuit filed on behalf of...
-
"Was Told Saudi Crown Prince Was On Board": Elon Musk In Tesla Tweet Trial
Elon Musk on Monday told jurors that his 2018 tweet about taking Tesla private at $420 a share was no joke and that Saudi Arabia's sovereign wealth fund was serious about helping him do it.
-
NRIs From 10 Countries Will Soon Be Able to Do UPI Fund Transactions Using International Numbers
The NPCI has permitted non-residents from 10 countries, including the US, Canada and UAE, to digitally transfer funds using the UPI platform from NRE/NRO accounts. The National Payments Corporation of India (NPCI) in a circular said it has been receiving requests for allowing non-residents to use international mobile numbers for transacting in Uni...
-
Pak Army Chief Reaches Out To UAE, Saudi Arabia For Crucial Bailout Package: Report
Days after seeking US help in securing an early release of a crucial USD 1.7 billion instalment from the IMF to Pakistan, Army chief General Qamar Javed Bajwa has now reached out to Saudi Arabia and the UAE as part of his efforts to ensure financial
-
Phil Mickelson Says He Does Not "Condone Human Rights Violations" On Eve Of New Series
Phil Mickelson said Wednesday he does not condone human rights violations in Saudi Arabia, on the eve of the first tournament of the divisive LIV Golf Invitational Series near London funded by the Gulf kingdom
-
Elon Musk's 'Tesla Funding Secured' Tweet Inaccurate and Reckless, Says Court
Elon Musk's 2018 tweets that said funding was secured to take Tesla private was inaccurate and reckless, a US court said. The court further stated that "there was nothing concrete" about financing from Saudi Arabia's sovereign wealth fund at that time.
-
Elon Musk's Latest $7 Billion Twitter Funding Could Face US Regulator Scrutiny: Experts
Elon Musk's decision to accept some foreign investors as part of his $44 billion buyout of Twitter runs the risk of inviting the kind of regulatory scrutiny over US national security that social media peer TikTok faced, as per legal experts.
-
Lucid Motors Locks Agreement With Saudi Government To Purchase 100,000 EVs
The Lucid Air has been critically acclaimed and many believe its technology is superior to Tesla
-
Newcastle United Issue "Arbitration Proceedings" Against Premier League After Failed Takeover
A consortium featuring the Saudi Arabia's Public Investment Fund withdrew its 350 million pounds offer for Newcastle United earlier this year following a long wait for the Premier League to approve the deal.
-
Saudi Arabia's Wealth Fund Buys 2.04% Stake In Reliance Retail Ventures
The PIF said the investment would strengthen the fund's presence in the Indian economy and retail market.
-
Saudi Arabia's Investment Fund To Invest Rs 9,550 Crore In Mukesh Ambani's Reliance Retail Ventures
Public Investment Fund (PIF) of Saudi Arabia will invest ₹9,555 crore for an equity stake of 2.04 per cent in Reliance Retail Ventures Limited (RRVL).
