Latest News for: Saudi arabia wealth

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Reports: ADOR CEO Min Hee-jin claims HYBE head copied her to create BTS

Manila Bulletin 24 Apr 2024
ADOR is an agency under HYBE, which owns 80 percent of the company ... BTS (Big Hit Music) ... Korean media reports also stated that some ADOR executives attempted to sell ADOR shares to sovereign wealth funds believed to be in Singapore and Saudi Arabia. .
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Morning briefing: PM Modi's ‘mangalsutra’ jibe at Congress; medical board to decide on Delhi CM's ...

Hindustan Times 23 Apr 2024
He accused Congress of planning to seize assets like "streedhan" and redistribute wealth, symbolized by their hand symbol, 'panja.' Meanwhile, he secured a larger Haj quota from Saudi Arabia.
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Saudi Arabia's PIF and stc Group to create Middle East's biggest telecom infrastructure company

Gulf News 22 Apr 2024
Saudi Arabia's wealth fund PIF is buying a 51 per cent stake in Tawal, the biggest telecommunications infrastructure company in Saudi Arabia and one of the largest such in the region with an enterprise value of $5.85 billion.
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Saudi Arabia is desperately trying to woo bankers to pay for its futuristic desert city

Business Insider 22 Apr 2024
... financiers in China.Saudi Arabia's government has reportedly been worried about rising costs for the futuristic city ... Saudi Arabia's sovereign wealth fund hasn't approved Neom's budget for 2024 yet.
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Aramco considers buying 10% stake in China's Hengli Petrochemical

The National 22 Apr 2024
Saudi Aramco boosts 2023 dividend by 30% despite profit drop on lower oil prices ... Earlier this year, Saudi Arabia transferred an 8 per cent stake in Aramco to the kingdom’s sovereign wealth fund, the Public Investment Fund ... Saudi ArabiaEnergyGCCChina.
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Who would want to buy Selfridges?

The Spectator 22 Apr 2024
Middle East and Chinese investors are reported to be interested, with the Public Investment Fund (PiF), Saudi Arabia’s sovereign wealth fund, said to be in the running ... Sovereign wealth funds like ...
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Upstart Lucid has new models, CEO talks pending SUVs, EV future

The Mercury News 21 Apr 2024
It’s a mini-museum and geek-out showcase for electric vehicle engineering enthusiasts ... It’s the sovereign wealth fund of Saudi Arabia that also owns and operates many businesses including LIV Golf, the fledgling challenger to the PGA Tour.
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Saudi Arabia’s mineral wealth to top $2.5trn

GDN Online 19 Apr 2024
Recent discoveries, including significant gold reserves along a 100 km stretch in the Mansoura and Masara mines, further emphasise the vast untapped potential of Saudi Arabia's mineral wealth.
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Inside Heathrow: What it takes to handle 79 million passengers a year

The National 19 Apr 2024
... for $3 billion to Ardian, a Paris-based private equity fund and the Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia, to be split 15 per cent and 10 per cent, respectively.
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Wyden says he's 'not in favor' of Mnuchin purchasing TikTok as bill gains momentum

The Hill 18 Apr 2024
“I don’t see how America will be any more secure if the next owner of TikTok is a MAGA Trump crony backed by Saudi Arabia’s sovereign wealth fund,” Wyden said last month.
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Following is report by Saudi Press Agency (SPA) as part of FANA's economic affairs

Kuna 17 Apr 2024
Recent discoveries, including significant gold reserves along a 100 kilometers stretch in the Mansoura and Masara mines, further emphasize the vast untapped potential of Saudi Arabia's mineral wealth.
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Saudi Arabia's $500 billion Neom megacity is reportedly seeking new sources of cash

Business Insider 17 Apr 2024
Saudi Arabia's Neom project is set to issue bonds for the first time as its developers seek new funding sources, Bloomberg reported ... In February, The Wall Street Journal reported that Saudi Arabia had ...
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BlackRock Eyes Saudi Expansion To Capitalize On Bitcoin ETF Success

CoinGape 17 Apr 2024
BlackRock is looking to expand significantly in Saudi Arabia ... At present, Saudi Arabia is in the process of a major shift intended to move its economy away from oil dependence.
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Saudi Arabia's mining boom: expected wealth to top $2.5 trillion

Bahrain News Agency 17 Apr 2024
Recent discoveries, including significant gold reserves along a 100 km stretch in the Mansoura and Masara mines, further emphasize the vast untapped potential of Saudi Arabia's mineral wealth.
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‘Bad for business’: Gulf states scramble to avert wider war

Mail Guardian South Africa 16 Apr 2024
US military facilities are scattered around the six Gulf Cooperation Council (GCC) countries, and Saudi Arabia and the United Arab Emirates have both faced previous attacks on oil facilities by Yemen’s Iran-backed Huthi rebels.

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File - T-150K tractor on the field. Kasova Hora, Ivano-Frankivsk Oblast, Ukraine. Ukraine is the world's largest producer of sunflower oil and a major global producer of grain and sugar.
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FILE - In this June 16, 2017, file photo, North Korean men and women use computer terminals at the Sci-Tech Complex in Pyongyang, North Korea.
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