The ambitious project to make Saudi Arabia an international football hub started with the arrival of Cristiano Ronaldo at Al Nassr in January on a two-and-a-half-year deal said to be worth over $400m (£318m or 370m euros) in wages.
Saudi Arabia may stick with its oil cuts as the nation tries to raise more money to fund its lavish spending projects
It relies in part on oil revenue to fund its massive spending projects. Saudi Arabia is likely to stick with its recent oil output cut for the next two months in order to drive up prices and pull in more revenue to fund its lavish spending projects,
Saudi Arabia Expected to Prolong Oil Cut Again, Survey Shows
(Bloomberg) — Saudi Arabia is expected to extend a 1 million-barrel oil supply cut into October, as it seeks to shore up prices against a faltering economic backdrop. Most Read from Bloomberg Citadel …
Saudi Arabia Expected to Prolong Oil Cut Again, Survey Shows
(Bloomberg) — Saudi Arabia is expected to extend a 1 million-barrel oil supply cut into October, as it seeks to shore up prices against a faltering economic backdrop. Most Read from Bloomberg Citadel …
71 mining licenses issue by Saudi Arabia’s Ministry of Industry and Mineral Resources in July 2023
RIYADH, Saudi Arabia, Aug. 30, 2023 /PRNewswire/ — The Ministry of Industry and Mineral Resources issued 71 new mining licenses during July 2023, including 45 exploration licenses, 21 building …
Israelis Return from Saudi Arabian Unplanned Stopover
Israel is currently working to bring Saudi Arabia into the Abraham Accords. Finance Minister Bezalel Smotrich said on Monday, that the Saudis have a tremendous amount to gain if they normalize …
StanChart to sell jet leasing arm to Saudi wealth fund unit for $3.6 bln
Aug 28 (Reuters) – Standard Chartered (STAN.L) said on Monday it was selling its global aviation finance leasing business to Saudi Arabia-based AviLease for about $3.6 billion, as part of a drive to …
Property deals in Saudi Arabia decline amid rising prices, interest rates
Rising home prices in Saudi Arabia are putting downward pressure on property transactions in the kingdom, according to a new JLL report. Residential property sale prices in the Gulf state increased in …
Standard Chartered to sell jet leasing arm to Saudi wealth fund unit for $3.6bn
Standard Chartered said on Monday it was selling its global aviation finance leasing business to Saudi Arabia-based Avilease for about $3.6bn, as part of a drive to streamline its operations.
Saudi Arabia’s AviLease buys $3.5bn jet firm
Saudi sovereign wealth fund acquires Standard Chartered jet-leasing firm Saudi Arabia’s AviLease buys $3.5bn jet firm Aviation, PIF, Saudi Arabia, Standard Chartered Transport …