Saudi Arabia News
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Asian Games: Iran 0 – 0 Saudi Arabia
In the match held at the 28,000-capacity Wibawa Mukti Stadium in the Indonesian capital, both teams created scoring chances but lacked of cutting edge.
Tesla hit with SEC subpoena after Musk tweets about taking company private
The U.S. Securities and Exchange Commission has sent subpoenas to Tesla regarding Chief Executive Elon Musk's plan to take the company private and his statement that funding was "secured,"Fox Business Network reportedon Wednesday, citing sources.
SEC slaps Tesla with a subpoena over Elon Musk tweets, report says
Another day, another step deeper into the mystery surroundingTeslaand the US Securities and Exchange Commission. On the docket today? Subpoenas -- allegedly.The SEC has reportedly shifted its Tesla investigation into high gear,Fox Business reports, sending subpoenas to the California-based automaker
Saudi Arabia Wants A Bigger Piece Of Tesla, But Can It Really Do It In Light Of Elon Musk's Plans To Turn Tesla (...) @ Top Speed
There are obviously a lot of layers to this story, but from the perspective of the Saudi Kingdom’s Public Investment Fund, this is all about becoming more involved in the future affairs of the electric car brand. The sovereign nation’s wealth fund already has a stake of a little under five percent i
Donald Trump, Gunrunner For Hire
U.S. President Donald Trump listens during a meeting with inner city pastors in the Cabinet Room of the White House on August 1, 2018 in Washington, D.C.(Pool via Getty Images)
Justin Trudeau Should Fly to Saudi Arabia to Apologize, Former Canadian Foreign Minister Says
Canada's former Foreign Minister John Baird appeared on Saudi television over the weekend, criticizing Prime Minister Justin Trudeau for standing against human rights abuses in the kingdom. Speaking to Al Arabiya, a Saudi-owned TV channel headquartered in the United Arab Emirates, Baird argued that
India Cutting Iran Imports Is Good News for Crude Oil
For India, Iran's oil represents 10% of its total supply, the biggest chunk after Saudi Arabia and Iraq. India imports around 22-27 million tons per year of Iranian crude oil. Indian Oil Corporation(IOC)is the country's biggest refiner and a top client for Iran.
A look at how Saudi Arabia's sovereign wealth fund, valued at $225B, is shifting focus to tech-related bets, like Uber and an expanded stake in Tesla
Jack Dorsey says Twitter is considering promoting alternative viewpoints in timeline, labeling bots, and redesigning the like button and follower count display— Twitter chief executive Jack Dorsey said he is rethinking core parts of the social media platform so that it doesn't enable …
Yemen’s Houthi calls US, Saudi Arabia, UAE ‘terrorist breeders, war merchants’
AhlulBayt News Agency (ABNA):The chairman of Yemen’s Supreme Revolutionary Committee on Thursday condemned the Saudi-led coalition’s continued massacre of civilians in the Arabian Peninsula country and denounced the US, Saudi Arabia, and the United Arab Emirates as “terrorist breeders and war mercha
Saudi Arabia: Man with suspected explosive vest neutralized
Trump abandons Canada in Saudi human rights fightElon Musk, one-time fossil fuel critic, now courts Saudi oil money to take Tesla private
This Young Saudi Arabian Designer Is About to Launch an Arab Fashion App
As Saudi Arabia continues to witness a surge of small businesses popping up across the Kingdom, particularly those focused on IT-related products, one young fashion designer is taking note and creating her own simple yet ingenious solution: a fashion app that will allow Saudi Arabian women to buy an
Tesla board waits for Musk’s plan to go private as Saudi Arabia stays silent
The three-person committee is made up of current board members Brad Russ, Robyn Denholm, and Linda Johnson Rice. Thestatement issued by the boardstresses the committee hasn’t received a formal proposal from Musk and adds its members haven’t decided what’s best for the company yet. Choosing its words
Nigeria:Commission Airlifts 35,000 Pilgrims to Saudi Arabia
The National Hajj Commission of Nigeria (NAHCON) has airlifted 34,978 pilgrims in 90 flights to the Kingdom of Saudi Arabia for this year's Hajj exercise.[...][Published inAidNews- Readthe original article]
Russia displaces Ukraine as Saudi Arabia's top barley supplier
RIYADH, SAUDI ARABIA — Ukraine lost its longtime dominance of the Saudi Arabian imported barley market to Russia in 2017-18, according to a Aug. 14 Global Agricultural Information Network report from the U.S. Department of Agriculture.
Etihad Airways to sponsor Al Nassr FC of Saudi Arabia
Etihad Airways has signed an agreement to be the official shirt and main sponsor and partner of the Riyadh-based, Saudi Stars League team, Al Nassr FC.The multi-season partnership was signed today at Etihad Airways’ Innovation Centre in Abu Dhabi, and was attended by senior members of both organisat
Oil ticks higher as Saudi Arabia clips production
Saudi Arabia told the Organization of the Petroleum Exporting Countries that it had reduced crude output by 200,000 barrels per day to 10.29 million bpd in July. OPEC itself, using secondary sources, estimated in a report published on Monday that Saudi production was at a slightly higher level of 10
Why Saudi Arabia Would Want to Invest in Elon Musk and Tesla
At first blush,Elon Muskand the Kingdom of Saudi Arabia may appear to be strange bedfellows. The latter is a country that owes its massive wealth to Big Oil, and the former is a Silicon Valley entrepreneur determined to “accelerate the transition to sustainable energy” with electric cars and solar p
‘America first’ — U.S. stock market outpaces global competitors
As Charlie Bilello of Pension Partners recentlypointed out, the median return among the major country-specific ETFs is minus 4% in 2018, with the S&P 500SPX,-0.76%posting a 6% gain. Only Saudi Arabia and Norway have performed better, with 17% and 9% returns, respectively.
What does a millennial leader mean for Saudi Arabia?
Here at Brand Genetics we wanted to better understand the shifting sands of Saudi Arabia and the trends shaping its future journey. We conducted a month-long immersion in the market to get an on the ground view of the nation as it strives to become the heart of the Arab and Islamic worlds, an invest
Al Qaeda Threat Led by Osama's Son Warned by UN
A new Al Qaeda threat could be led by Osama bin Laden's son, the United Nations warned in a report given to the U.N. Security Council this week,Fox News reported.