Saudi Arabia Future

Billionaire Elon Musk warned at a Saudi investor forum on Tuesday about the dangers of artificial intelligence models he said were "woke" and "nihilistic" rather than "maximally truth-seeking."

The Future Investment Initiative debuted in 2017 as a showcase for Crown Prince Mohammed bin Salman's dream of diversifying the economy of the world's largest crude exporter away from oil.

While the dollar will continue to hold sway in the foreseeable future, the world without a doubt is moving towards an alternative currency. The lapse of the petro-dollar deal will act as a catalyst for this de-dollarisation process.

Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen in the key oil-producing region.

Saudi Arabia's Neom, an entirely new city being built on the Red Sea coast, has finalized a deal worth more than 21 billion riyals ($5.6 billion) with a group of local investors.

Doubts over the long-term futures of iconic races such as Spa in Belgium and Monza in Italy have lingered this season. At the same time, new, money-spinning stops on the calendar have arrived in Saudi Arabia and Miami.

Benchmark Brent oil climbed above $100 a barrel on Wednesday after Saudi Arabia suggested this week that OPEC could consider cutting output in response to poor liquidity in the crude futures market and fears about a global economic downturn.

Saudi Arabia raised the July official selling price (OSP) for its flagship Arab light crude to Asia by $2.10 from June to a $6.50 premium over Oman/Dubai quotes, just off an all-time peak recorded in May

Volocopter has projects in Los Angeles and it will start public tests in Japan by 2023.

The United States is focused on "future conduct" of Saudi Arabia and will expect Riyadh to improve its human rights record, a U.S. spokesman said on Monday, after Washington imposed sanctions on some Saudis for the killing of journalist Jamal Khashoggi but fell short of sanctions against Saudi Crown Prince Mohammed bin Salman.

Crown Prince Mohammed bin Salman unveiled his latest vision for Saudi Arabia's future beyond oil: a city with no cars, roads or carbon emissions.

Reliance Industries has approached investors in its digital business about potentially buying stakes in its retail arm, two sources with direct knowledge of the matter said on Thursday.

As the global oil benchmark plummeted to as low as $31.02 a barrel, Goldman Sachs Group Inc. warned prices could drop to near $20 a barrel.

OPEC and other producers supported the cuts to stabilize falling prices caused by the economic fallout from the coronavirus outbreak.

PM Modi Saudi Arabia: Prime Minister Narendra Modi in Saudi Arabia on Tuesday said that he is not from a "political family" but carries a very humble background and selling tea on the railway platform was a part of his life journey. He said that constructing toilets and opening bank accounts have empowered the poor in India and have given them a se...

Billionaire Elon Musk warned at a Saudi investor forum on Tuesday about the dangers of artificial intelligence models he said were "woke" and "nihilistic" rather than "maximally truth-seeking."

The Future Investment Initiative debuted in 2017 as a showcase for Crown Prince Mohammed bin Salman's dream of diversifying the economy of the world's largest crude exporter away from oil.

While the dollar will continue to hold sway in the foreseeable future, the world without a doubt is moving towards an alternative currency. The lapse of the petro-dollar deal will act as a catalyst for this de-dollarisation process.

Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen in the key oil-producing region.

Saudi Arabia's Neom, an entirely new city being built on the Red Sea coast, has finalized a deal worth more than 21 billion riyals ($5.6 billion) with a group of local investors.

Doubts over the long-term futures of iconic races such as Spa in Belgium and Monza in Italy have lingered this season. At the same time, new, money-spinning stops on the calendar have arrived in Saudi Arabia and Miami.

Benchmark Brent oil climbed above $100 a barrel on Wednesday after Saudi Arabia suggested this week that OPEC could consider cutting output in response to poor liquidity in the crude futures market and fears about a global economic downturn.

Saudi Arabia raised the July official selling price (OSP) for its flagship Arab light crude to Asia by $2.10 from June to a $6.50 premium over Oman/Dubai quotes, just off an all-time peak recorded in May

Volocopter has projects in Los Angeles and it will start public tests in Japan by 2023.

The United States is focused on "future conduct" of Saudi Arabia and will expect Riyadh to improve its human rights record, a U.S. spokesman said on Monday, after Washington imposed sanctions on some Saudis for the killing of journalist Jamal Khashoggi but fell short of sanctions against Saudi Crown Prince Mohammed bin Salman.

Crown Prince Mohammed bin Salman unveiled his latest vision for Saudi Arabia's future beyond oil: a city with no cars, roads or carbon emissions.

Reliance Industries has approached investors in its digital business about potentially buying stakes in its retail arm, two sources with direct knowledge of the matter said on Thursday.

As the global oil benchmark plummeted to as low as $31.02 a barrel, Goldman Sachs Group Inc. warned prices could drop to near $20 a barrel.

OPEC and other producers supported the cuts to stabilize falling prices caused by the economic fallout from the coronavirus outbreak.

PM Modi Saudi Arabia: Prime Minister Narendra Modi in Saudi Arabia on Tuesday said that he is not from a "political family" but carries a very humble background and selling tea on the railway platform was a part of his life journey. He said that constructing toilets and opening bank accounts have empowered the poor in India and have given them a se...