Pessimism about the state of the world has been front and center as leaders of global finance gather in Saudi Arabia this week, but with the host nation a striking exception to the general gloom.Most …
Saudi Arabia capped local gas prices in bid to protect economy, Minister of Finance Mohammed Al-Jadaan says
The decision was taken in anticipation of global economic uncertainty, the minister said Saudi Arabia capped local gas prices in bid to protect economy, Minister of Finance Mohammed Al-Jadaan says …
Hong Kong finance chief stuck in Saudi Arabia after catching COVID
Hong Kong’s Financial Secretary Paul Chan tested positive for COVID-19 during a visit to Saudi Arabia and will stay there for a “short while” to observe health requirements, the city’s government said …
Oman is included in Saudi Arabia’s five regional investment firms
Riyadh: The Kingdom of Saudi Arabia (KSA) has announced the establishment of a Public Investment Fund initiating the establishment of five regional companies aimed at …
Hotel Chain Backed By Sternlicht, Kalanick Gets $50M Investment From Saudi Fund, Partner
The Public Investment Fund of Saudi Arabia and luxury travel specialist A&K Travel Group invested $50M in Habitas, a luxury hotel chain backed in part by Starwood Capital Group CEO Barry Sternlicht …
Ginkgo Bioworks Goes to Saudi Arabia, Risking ESG Claims
Synthetic biology pioneer Ginkgo Bioworks (DNA) has focused heavily on its ESG scorecard. Quite obviously, the potential to replace less sustainable tools and products with those capable of being …
At Saudi Arabia’s Desert Davos, Goldman Sachs’ CEO says a U.S. recession is likely for one key reason. Jamie Dimon agreed.
At Saudi Arabia’s big investment conference, David Solomon said the Federal Reserve should be ready to continue raising interest rates above 4.5%.
Bangladesh seeks brotherly Saudi gesture to meet energy need
Foreign minister Dr A K Abdul Momen on Wednesday said Bangladesh needs brotherly gesture from oil-rich Saudi Arabia to meet its power demand amid global energy crisis due to Russian-Ukraine war. He …
Minister of Finance: Saudi Arabia Warned against Global Economic Conditions, Prepared Early, Mobilized World to Face Repercussions
Minister of Finance Mohammed bin Abdullah Al-Jadaan stressed that the world now is facing multiple hardships represented by funding, high interest rates, inflation and debt burdens on some countries, …
Minister of Finance: Saudi Arabia Warned against Global Economic Conditions, Prepared Early, Mobilized World to Face Repercussions
Minister of Finance Mohammed bin Abdullah Al-Jadaan stressed that the world now is facing multiple hardships represented by funding, high interest rates, inflation and debt burdens on some countries, …