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Tag: Saudi Arabia

Posted on August 30, 2023

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 …
Posted on August 30, 2023

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 …
Posted on August 29, 2023

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 …
Posted on August 29, 2023

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 …
Posted on August 29, 2023

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 …

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Posted on August 28, 2023

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.
Posted on August 28, 2023

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 …
Posted on August 28, 2023

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 …
Posted on August 28, 2023

No territorial concessions to Palestinians for Saudi deal, Smotrich says

Finance Minister Bezalel Smotrich vowed to not make any West Bank territorial concessions in exchange for ties with Saudi Arabia, instead vowing to strengthen settlements in the region.
Posted on August 28, 2023

Saudi Lessor AviLease Buys 167 Standard Charter Aircraft For $3.6 Billion

Besides allowing AviLease to expand beyond measure, this new acquisition is also part of an ongoing push by the Kingdom of Saudi Arabia to become a thriving global trade, logistics, and tourism hub, …

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