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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.....»»
House votes 350-71 passing legislation limiting arms sales to Saudi Arabia, in response to 2018 killing of Jamal Khashoggi
The bill includes a 120-day halt of weapons sales to Saudi .....»»
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.....»»
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.....»»
Aramco Cuts CapEx By $10 Billion As Profits Plunge
Aramco Cuts CapEx By $10 Billion As Profits Plunge In the aftermath of Saudi Arabia's declaration of an oil price war last weekend, which sent the price of crude tumbling about 30% overnight,.....»»
A Saudi family feud, a decade-long debt saga and a court"s $14 billion decision
Saudi Arabia's largest and longest debt saga, fueled by a feud that has split one of its richest families, could be nearing a resolution after a court approved about $14 billion in claims related to the collapse of two business empires a decade ago......»»
Faegre Baker Daniels agrees to merger with Philly"s Drinker Biddle
Drinker Biddle & Reath has agreed to a merger of relative equals with Faegre Baker Daniels in a move that will create one of the 40 highest grossing U.S. law firms with almost $1 billion in revenue and 1,300 lawyers. Partners from both firms have ratifi.....»»
Drinker Biddle agrees to merge with Indianapolis-based firm
Drinker Biddle & Reath has agreed to a merger of relative equals with Indianapolis-based Faegre Baker Daniels, a move that will create one of the 40 highest grossing U.S. law firms with almost $1 billion in revenue and 1,300 lawyers. Partners from both .....»»
Saudi Arabia Announces 2020 Budget: Delivering Efficiently and Powering Private Sector Growth
RIYADH, Saudi Arabia, Dec. 9, 2019 /CNW/ --Â The 2020 budget indicates total expenditures of SAR 1,020 billion, and SAR 833 .....»»
OPEC agrees to redistribute oil cuts under Saudi pressure
OPEC+ will adjust its output target and redistribute production cuts between its members under pressure from Saudi Arabia, which has long carried an outsized share of the burden......»»
OPEC+ agrees to redistribute oil cuts under Saudi pressure
OPEC+ will adjust its output target and redistribute production cuts between its members under pressure from Saudi Arabia, which has long carried an outsized share of the burden......»»
This $25 billion IPO is the biggest in history
Saudi Arabia has just pulled off the biggest initial public offering in history, raising $25.6 billion by selling shares in its giant state-owned oil monopoly......»»
Saudi Aramco"s $25.6 billion IPO is the biggest in history
Saudi Arabia has just pulled off the biggest initial public offering in history, raising $25.6 billion by selling shares in its giant state-owned oil monopoly......»»
Gulf state investors step in to help Aramco hit IPO target: sources
Saudi Arabia's wealthy Gulf neighbors plan to invest in the initial public offering (IPO) of Saudi Aramco, sources familiar with the matter said, helping out Riyadh as it strives to raise $25.6 billion from a domestic listing of the state oil giant......»»