Lucid Motors was near death and desperate for cash in 2018 when it was handed a lifeline. The savior was Saudi Arabia. The desert kingdom’s sovereign wealth fund invested $1.3 billion in the electric …
Lucid Motors set to go public thanks to Saudi money and blank-check-shell-company mania
Lucid Motors was near death and desperate for cash in 2018 when it was handed a lifeline. The savior was Saudi Arabia. The desert kingdom’s sovereign wealth fund invested $1.3 billion in the electric …
Biden, Saudi Arabia, Drugs: Your Briefing From Afghanistan And Pakistan
This week’s Gandhara Briefing gives you the inside stories on Afghan hopes for the Biden administration, Islamabad’s efforts to woo Riyadh, and the plight of drug addicts who are being exploited by …
Saudi Arabia PESTLE Insights – A Macroeconomic Outlook 2021
Latest added Saudi Arabia PESTLE Insights A Macroeconomic Outlook Market research study by HTF MI offers detailed product outlook and elaborates market review till 2025 The market Study is segmented …
Pakistan secures $5.688 bn external loans
While officially confirming to have received $1 billion from China as safe deposits after paying back to Saudi Arabia, Pakistan has received a total $5.688 billion external loans during the first six …
UAE’s Empower eyes overseas expansion as profit surges to $245.50mln
Empower is on track to expand its operations into other emirates while seeking to enter new market including Saudi Arabia, Egypt and Bahrain …
Egypt and Qatar agree on resuming diplomatic relations – Cairo
Egypt and Qatar have agreed to resume diplomatic relations, the Egyptian foreign ministry said on Wednesday. The move follows an agreement between Saudi Arabia, United Arab Emirates, Bahrain and Egypt …
How Saudi Arabia is leading a new Gulf investment charge in the US
Middle East sovereign wealth funds directly invested $14.7bn in the US last year, more than double the previous year …
In Saudi Arabia, Quiet Changes May Ease Tensions With Biden
The new president is a Saudi critic, but he takes office as the kingdom scales back beheadings, removes hate speech from text books and limits prison terms for activists.
Analysis: Saudi Overtures to Wary Biden Team Driven by Worries Over Iran, Economy
Saudi Arabia’s Crown Prince Mohammed bin Salman speaks during the Gulf Cooperation Council’s (GCC) 41st Summit in Al-Ula, Saudi Arabia January 5, 2021. Bandar Algaloud/Courtesy of Saudi Royal …