Saudi Investment
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Saudi 'Davos In The Desert' Opens Amid Conflict In Middle East
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.
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Women's Tennis Signs 'Multi-Year Partnership' With Saudi Investment Fund
The women's tennis tour (WTA) on Monday announced "a multi-year partnership" with the Saudi Arabian sovereign wealth fund (PIF), emulating a deal made by the men's tour (ATP) in February.
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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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Saudi Arabia's City Of The Future Gets $5.6 Billion Investment
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.
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Cristiano Ronaldo Puts End To Saudi Exit Rumours, Pledges To Stay Another Season
Reports have linked a string of other big names to the Saudi Pro League thanks to the riches of the Public Investment Fund, the sovereign wealth vehicle behind LIV Golf and the purchase of Premier League club Newcastle United, as well as Ronaldo's signing.
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Saudi Arabia's Drive To Get Expats To Ditch Dubai Is Off To A Rocky Start
As of end 2022, almost 80 companies have applied for licenses to move their headquarters to Riyadh, Saudi Investment Minister Khalid Al-Falih said in a recent interview, adding the city would become "the grand capital of the Middle East"
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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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Saudi Crown Prince's Big Step Towards Boosting Investment in Pakistan
Saudi Arabia's Crown Prince Mohammed bin Salman has ordered exploring increasing the kingdom's assistance and investments in Pakistan, a step toward furthering relief to the South Asian nation economy reeling from deadly floods.
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Airtel, Meta to Jointly Invest in Global Connectivity Infrastructure in India to Cater to Rising Demand
Airtel and Meta on Monday announced a collaboration to invest in telecom infrastructure for India to cater to the increasing demand in the country for high-speed internet and digital services. The telecoms provider will partner with Meta and Saudi Telecom Company to extend 2Africa Pearls, the world's longest subsea cable system, to India.
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Meta, Airtel To Jointly Invest In Telecom Infrastructure In India
As part of the collaboration, Airtel will partner with Meta and STC (Saudi Telecom Company), to extend the world's longest subsea cable system, 2Africa Pearls, to India.
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LT Foods Raises Rs 390 Crore Through Preferential Allotment Of Shares To Saudi Firm
LT Foods Ltd on Thursday said it has raised nearly Rs 390 crore by selling shares to Saudi Agricultural and Livestock Investment Company (SALIC) through private placement.
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Elon Musk's Twitter Investors Include Jack Dorsey, Saudi Prince, Qatar Investment Authority
Elon Musk's new Twitter investors include Saudi Prince Alwaleed bin Talal, former CEO Jack Dorsey, and the Qatar Investment Authority, according to regulatory filings. The Saudi Prince was quick to endorse Musk's plan to acquire Twitter, saying in May that Musk would be "an excellent leader" for the social media company, while Dorsey lamented in Ap...
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Saudi Arabia To Invest $1 Billion In Cash-Strapped Pakistan
Saudi Arabia has announced a $1 billion investment in cash-strapped Pakistan which is currently in a state of both economic and political upheaval.
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Pakistan Prime Minister, Saudi Crown Prince Discuss Bilateral Ties
Pakistan Prime Minister Shehbaz Sharif held a telephonic conversation with Saudi Prince Mohammed bin Salman on Monday and agreed to enhance cooperation in the fields of energy, investment and trade.
-
Saudi 'Davos In The Desert' Opens Amid Conflict In Middle East
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.
-
Women's Tennis Signs 'Multi-Year Partnership' With Saudi Investment Fund
The women's tennis tour (WTA) on Monday announced "a multi-year partnership" with the Saudi Arabian sovereign wealth fund (PIF), emulating a deal made by the men's tour (ATP) in February.
-
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.
-
Saudi Arabia's City Of The Future Gets $5.6 Billion Investment
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.
-
Cristiano Ronaldo Puts End To Saudi Exit Rumours, Pledges To Stay Another Season
Reports have linked a string of other big names to the Saudi Pro League thanks to the riches of the Public Investment Fund, the sovereign wealth vehicle behind LIV Golf and the purchase of Premier League club Newcastle United, as well as Ronaldo's signing.
-
Saudi Arabia's Drive To Get Expats To Ditch Dubai Is Off To A Rocky Start
As of end 2022, almost 80 companies have applied for licenses to move their headquarters to Riyadh, Saudi Investment Minister Khalid Al-Falih said in a recent interview, adding the city would become "the grand capital of the Middle East"
-
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...
-
Saudi Crown Prince's Big Step Towards Boosting Investment in Pakistan
Saudi Arabia's Crown Prince Mohammed bin Salman has ordered exploring increasing the kingdom's assistance and investments in Pakistan, a step toward furthering relief to the South Asian nation economy reeling from deadly floods.
-
Airtel, Meta to Jointly Invest in Global Connectivity Infrastructure in India to Cater to Rising Demand
Airtel and Meta on Monday announced a collaboration to invest in telecom infrastructure for India to cater to the increasing demand in the country for high-speed internet and digital services. The telecoms provider will partner with Meta and Saudi Telecom Company to extend 2Africa Pearls, the world's longest subsea cable system, to India.
-
Meta, Airtel To Jointly Invest In Telecom Infrastructure In India
As part of the collaboration, Airtel will partner with Meta and STC (Saudi Telecom Company), to extend the world's longest subsea cable system, 2Africa Pearls, to India.
-
LT Foods Raises Rs 390 Crore Through Preferential Allotment Of Shares To Saudi Firm
LT Foods Ltd on Thursday said it has raised nearly Rs 390 crore by selling shares to Saudi Agricultural and Livestock Investment Company (SALIC) through private placement.
-
Elon Musk's Twitter Investors Include Jack Dorsey, Saudi Prince, Qatar Investment Authority
Elon Musk's new Twitter investors include Saudi Prince Alwaleed bin Talal, former CEO Jack Dorsey, and the Qatar Investment Authority, according to regulatory filings. The Saudi Prince was quick to endorse Musk's plan to acquire Twitter, saying in May that Musk would be "an excellent leader" for the social media company, while Dorsey lamented in Ap...
-
Saudi Arabia To Invest $1 Billion In Cash-Strapped Pakistan
Saudi Arabia has announced a $1 billion investment in cash-strapped Pakistan which is currently in a state of both economic and political upheaval.
-
Pakistan Prime Minister, Saudi Crown Prince Discuss Bilateral Ties
Pakistan Prime Minister Shehbaz Sharif held a telephonic conversation with Saudi Prince Mohammed bin Salman on Monday and agreed to enhance cooperation in the fields of energy, investment and trade.
