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Tag: Saudi Arabia

Posted on June 2, 2023

CEO says Endeavor considered $1 billion investment in LIV Golf that would’ve replaced Saudi Arabia

According to Emanuel, Phil Mickelson and Bryson DeChambeau made an approach to talk about funding, and Endeavor held internal discussions for a proposed $1 billion investment in LIV Golf, which is now …
Posted on June 2, 2023

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.
Posted on June 2, 2023

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.
Posted on June 2, 2023

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 …
Posted on June 2, 2023

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.
Posted on June 1, 2023

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.
Posted on June 1, 2023

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.
Posted on June 1, 2023

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 …
Posted on June 1, 2023

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 …
Posted on June 1, 2023

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.

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