We are Sorry, This Page doesn't Exist
SoftBank, PIF in early funding talks with banks on huge solar project - sources
DUBAI (Reuters) - SoftBank Group Corp and Saudi Arabia's Public Investment Fund are in early talks with banks about potential funding for a multi-billion dollar solar power project planned in the kingdom, say sources familiar with the matter......»»
Saudi Arabia to apply for $12 billion loan after Aramco IPO stalls: FT
Saudi Arabia's sovereign fund is set to borrow up to $12 billion from international banks after IPO plans for state energy group Saudi Aramco were put on hold, the Financial Times reported, citing sources......»»
Exclusive: Defense firms see only hundreds of new U.S. jobs from Saudi mega deal
Every time President Donald Trump mentions the $110 billion arms deal he negotiated with Saudi Arabia last year, he quickly follows up, saying "It's 500,000 jobs.".....»»
Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
Neom officials visited Beijing, Shanghai, and Hong Kong in an attempt to court Chinese investors and shed more light on the $500 billion megaproje.....»»
Oil giant Saudi Aramco sees 2020 profits drop to $49 billion
Saudi Arabia's state-backed oil giant Aramco announced Sunday that its profits nearly halved in 2020 to $49 billion, a big drop that came as the coronavirus pandemic roiled global energy markets......»»
Saudi Arabia"s $400 billion sovereign wealth fund reveals billion-dollar stakes in video game stocks, and almost doubled its holdings of US equities in the 4th-quarter
The kingdom's Public Investment Fund bought a $1.06 billion stake in Electronic Arts and a $1.4 bi.....»»
Saudi Sovereign Wealth Fund Is Betting On These 3 US Video-Game Stocks
Saudi Arabia’s sovereign wealth fund has invested more than $3 billion in shares of video-game companies, according to 13F filings made with the United States Securities and Exchange Commission. read more.....»»
Saudi Arabia won"t work with foreign firms without regional HQs in country starting in 2024
Saudi Arabia will no longer sign contracts with foreign companies which do not have a regional headquarters in the kingdom after 2023, state news agency SPA reported on Monday, citing an official source......»»
Saudi Arabia is tripling its value-added tax rate in a plan to save $27 billion amid plummeting oil prices and the coronavirus
adznano3/Shutterstock Saudi Arabia is tripling its value-added tax (VAT) rate as part of its plan to save $27 billion amid a series of economic crises. VAT will.....»»
Saudi Arabia Running Out Of Money: Riyadh To Slash Spending By $27 Billion, Suspend Cost Of Living Allowance
Saudi Arabia Runnin.....»»
Germany agrees on Lufthansa rescue package worth 9 billion euros: Business Insider
Germany has agreed to help airline Lufthansa with a rescue package worth about 9 billion euros ($9.74 billion) in return for a blocking minority and one or two supervisory board mandates, Business Insider cited company sources as saying......»»
Saudi Arabia may re-route tankers if U.S. imposes crude import ban, sources say
Saudi Arabia is exploring re-routing millions of barrels of oil onboard tankers sailing to the United States if President Donald Trump decides to block imports of crude from the kingdom, shipping and trade sources say......»»
Saudi Arabia may re-route tankers if U.S. imposes crude import ban: sources
Saudi Arabia is looking into re-routing millions of barrels of oil onboard tankers sailing to the United States if President Donald Trump decides to block imports of crude from the Kingdom, shipping and trade sources say......»»
Airbnb in advanced talks about new $1 billion loan: sources
Airbnb is in advanced talks for a new $1 billion loan just days after the U.S. home rental company closed a $1 billion debt deal with private equity firms, people familiar with the matter said on Tuesday......»»
Exclusive: Saudi Aramco in talks with banks to borrow about $10 billion - sources
Saudi Aramco, the world's largest oil producer, is in early talks with banks for a loan of about $10 billion to help finance its acquisition of a 70% stake in Saudi Basic Industries Corp (SABIC), according to three banking sources......»»
Saudi, others resist Mexican plan to make small oil output cuts - sources
Saudi Arabia and other oil producers in the OPEC+ group pushed back on Friday on a Mexican plan to cut less than requested under plans for global supply curbs, two sources from the OPEC+ group said on Friday......»»
Oil prices soar as OPEC+ prepares to cut supplies
Oil prices jumped on Thursday after sources said Russia and Saudi Arabia have a new deal to cut oil output drastically in response to a collapse in global demand from the coronavirus......»»
Exclusive: JPMorgan looking to offload Saudi and UAE sovereign fund loans - sources
JPMorgan is seeking to sell at a discount loans raised by the sovereign wealth funds of Saudi Arabia and the United Arab Emirates, according to two sources and a document, as banks brace for a borrowing spree in the Gulf due to low oil prices......»»
Saudi Arabia plowed $1 billion into Shell and other European oil producers
Saudi Press Agency via AP Saudi Arabia snapped up about $1 billion worth of stock in four European oil companies, T.....»»
Airbnb"s new $1 billion investment comes at lower valuation: sources
Airbnb Inc's new $1 billion investment from private equity firms Silver Lake and Sixth Street Partners has terms that imply a reduced valuation of the home rental company, people familiar with the matter said on Tuesday......»»