Saad Hariri’s wealth primarily comes from his family’s business holdings, particularly as the chairman and CEO of Saudi Oger, a significant construction company in Saudi Arabia. He also inherited a …
Hong Kong investors to gain access to Aramco and other Saudi mega cap stocks via soon-to-be launched ETF
The fund will track Saudi Arabia’s 50 most valuable companies operating in sectors including financials, energy and materials, sources said The ETF will be managed by CSOP Asset Management, a Hong Kong venture owned by China Southern Asset Management,
Chinese self-driving technology start-up Pony.ai gets US$100 million investment from Saudi Arabia’s smart city developer Neom
Saudi Arabian smart city developer Neom is ploughing US$100 million into Chinese autonomous driving technology start-up Pony.ai to help fund its research and development and to finance its operations reinforcement.
As War Looms Over Mideast, Saudi Arabia Tries to Keep the Music Going
The kingdom is embracing business as usual, hosting an investment forum … By Vivian Nereim, Kate Kelly and Ahmed Al Omran Reporting from Riyadh, Saudi Arabia and Jeddah, Saudi Arabia As the curtain rose this week on an annual investment forum hosted …
FII: Hong Kong firm ASPACE signs deal to build Saudi Arabia’s aerospace sector from scratch, to invest US$200 million
ASPACE Hong Kong Satellite Manufacturing Center, a subsidiary of Hong Kong Aerospace Technology Group, has signed an agreement with Saudi Arabia to develop satellites and will invest an initial amount of US$200 million in the project.
Interview: Saudi deputy minister says business cooperation with China has “infinite possibilities”
and the possibilities of the two countries’ business cooperation are “unlimited.” In an interview with Xinhua on Wednesday, the Saudi official said the cooperation between Saudi Arabia and China in trade and investment has been improving over the years.
Yemen’s ‘No War, No Peace’ Limbo Is Holding—for Now
Yemen has been in a state of limbo, its messy, regionalized conflict on hold but unresolved. And that’s unlikely to change—for the better, at least—soon. Even if Saudi Arabia and the Houthis agree to …
Watch CNBC’s full interview with Saudi Finance Minister Mohammed al-Jadaan
Watch CNBC’s full interview with Saudi Arabia’s Finance Minister Mohammed al-Jadaan. Speaking to CNBC’s Dan Murphy at the Future Investment Initiative, al-Jadaan called for de-escalation in the region …
Watch CNBC’s full interview with Saudi Finance Minister Mohammed al-Jadaan
Watch CNBC’s full interview with Saudi Arabia’s Finance Minister Mohammed al-Jadaan. Speaking to CNBC’s Dan Murphy at the Future Investment Initiative, al-Jadaan called for de-escalation in the region …
Bangladesh to import 1.5mn metric ton of crude oil from Saudi Aramco, UAE’s Adnoc
Bangladesh will import 1.5 million (15 lakh) metric ton of crude oil from Saudi Arabia and United Arab Emirates (UAE) for the year 2024.The Cabinet Committee on Economic Affairs (CCEA) in a virtual …