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Tag: Saudi Arabia

Posted on June 3, 2024

Saudi Arabia’s oil giant sees massive stock offering sell out in hours as investors clamor for annual dividend payouts of $124 billion

In all, Saudi Arabia plans to sell 1.545 billion shares … Subscribe to the CFO Daily newsletter to keep up with the trends, issues, and executives shaping corporate finance. Sign up for free.
Posted on June 1, 2024

Blinken Discusses Gaza Plan With Turkey, Jordan and Saudi Arabia

(Reuters) – U.S. Secretary of State Antony Blinken held separate phone calls on Friday with foreign ministers from Saudi Arabia, Turkey and Jordan, the State Department said, to discuss a proposal to …
Posted on June 1, 2024

Saudi Arabia is selling Aramco shares to fund its megaprojects

The Aramco share sale is central to Saudi Arabia’s efforts to finance its ambitious projects and diversify its economy away from oil, but the offering will raise “only a fraction of the cost” of these …
Posted on May 30, 2024

Sweden accuses Iran of using criminal gangs to target Tehran’s enemies

“We have dissidents from Syria, Iran, Saudi Arabia, most of the Middle East countries — I don’t think we understand quite what we’re playing with,” a senior Swedish government official told the …
Posted on May 30, 2024

Sweden accuses Iran of using criminal gangs to target Tehran’s enemies

“We have dissidents from Syria, Iran, Saudi Arabia, most of the Middle East countries — I don’t think we understand quite what we’re playing with,” a senior Swedish government official told the …
Posted on May 30, 2024

Saudi Eastern Province sees $365m fund to raise real estate development

He also underscored his firm’s dedication to enriching its investment portfolio by introducing unique projects to address the housing needs outlined in Saudi Arabia’s 2030 Vision. The CEO explained …

( read original story …)



Posted on May 30, 2024

Iran says Saudi Arabia has expelled 6 state media journalists ahead of the Hajj after detaining them

Iran said Wednesday that Saudi Arabia expelled six members of a crew from its state television broadcaster after they had been detained for nearly a week in the kingdom ahead of the Hajj. Saudi Arabia …
Posted on May 30, 2024

Iran says Saudi Arabia has expelled 6 state media journalists ahead of the Hajj after detaining them

Iran said Wednesday that Saudi Arabia expelled six members of a crew from its state television broadcaster after they had been detained for nearly a week in the kingdom ahead of the Hajj. Saudi Arabia …
Posted on May 29, 2024

Lenovo issues US$2 billion convertible bonds to Saudi Arabia sovereign fund to finance debt repayment, expansion

Lenovo, the world’s largest PC maker, is raising US$2 billion by issuing zero-coupon convertible bonds to a unit of Saudi Arabia’s sovereign wealth fund, close on the heels of similar offerings made …
Posted on May 29, 2024

World-first earth-built property now open in AlUla, Saudi Arabia

The Dar Tantora The House Hotel, AlUla Old Town, Saudi Arabia is officially open for bookings now, operated by Kerten Hospitality.

( read original story …)



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