Lucid is raising $3B through an equity offering, with some shares being sold to Saudi Arabia’s Public Investment Fund. Find out my recommendation on LCID stock.
Lucid: Saudi Arabia Strikes Back
Lucid is raising $3B through an equity offering, with some shares being sold to Saudi Arabia’s Public Investment Fund. Find out my recommendation on LCID stock.
Endeavor CEO Ari Emanuel Explains Why He Returned $400 Million, Plus Interest, To Saudi Arabia
Endeavor CEO Ari Emanuel returned a $400 million investment given to Endeavor by Saudi Arabia and the crown prince Mohammed bin Salman. The deal was a means to finance Endeavor’s growth and diversify …
India snaps up record amount Russian oil while flows from Saudi Arabia plunge to 28-month low
Russia sold 1.96 million barrels of oil a day to India in May, the highest amount of Russian crude sold to India ever.
Jordan royals marry into Saudi family with ties to MBS
Jordan’s heir to the throne on Thursday married into one of Saudi Arabia’s prominent business families in a glitzy ceremony attended by international royals and heads of state.
Jordan royals marry into Saudi family with ties to MBS
Jordan’s heir to the throne on Thursday married into one of Saudi Arabia’s prominent business families in a glitzy ceremony attended by international royals and heads of state.
China seeks stronger economic ties with Saudi Arabia beyond crude oil as Middle East seeks ‘ideal partner’
China has stepped up diplomatic and economic efforts in the Middle East beyond traditional oil and gas cooperation, particularly with Saudi Arabia, with the region needing to ‘look East’ to fulfil its …
UPDATE 1-Ahead of OPEC+ meet, Kremlin says ties with Saudi Arabia are constructive, trusting
MOSCOW, June 1 (Reuters) – The Kremlin said on Thursday that relations with Saudi Arabia were constructive and based on mutual understanding and respect ahead of an OPEC+ meeting. Asked about …
India Took Even More Russian Oil Last Month, Crowding out Saudis
India’s imports of cheap Russian oil set another record in May, with the OPEC+ producer wresting more market share from Saudi Arabia.
Ari Emanuel Compares CAA To Walmart, Talks LIV Golf, Saudi Arabia & Endeavor Succession Plans In ‘Freakonomics’ Interview
Endeavor CEO Ari Emanuel went to town on CAA, said his company almost invested $1 billion in the new LIV Golf tour, and projected that COO Mark Shapiro will take over the company whenever Emanuel …