British companies continue to fulfil fighter jet contracts which allow the kingdom to wage war in Yemen, despite the trade being ruled unlawful …
Saudi Arabian Wealth Fund Invests $1.5 Billion In Jio Platforms, India’s Top Mobile Operator
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund of Saudi Arabia, will invest $1.5 billion in Jio Platforms Ltd., the telecommunications and digital services sub …
India’s Reliance Jio Platforms to sell $1.5 billion stake to Saudi Arabia’s Public Investment Fund
Billionaire Mukesh Ambani has found yet another high-profile firm to write a massive check to his telecom venture Reliance Jio Platforms at the height of a global pandemic. Saudi Arabia’s Public …
Saudi Arabia coronavirus cases exceed 150,000 – health ministry
The number of coronavirus cases in Saudi Arabia exceeded 150,000 on Friday following a rise in new infections over the past 10 days. The Saudi Ministry of Health reported 4,301 new cases on Friday, …
Islamic State may be going soft on Saudi Arabia
The Islamic State ‘s newly anointed spokesman, Abu Hamza al-Qurayshi, issued a statement last month that took terrorist-watchers by surprise. For the first time, the world’s leading terrorist group …
How Saudi Arabia Caused The Worst Oil Price Crash In History
Saudi Arabia made good on its promise to flood the oil market with oil after the collapse of the previous OPEC+ deal in early March …
With INR 11,367 cr, Saudi Arabia’s PIF Is 10th Investor in Jio Platforms
Jio Platforms has raised INR 115,693.95 crore from 11 leading global investors in return of 24.70 per cent stake …
Is Saudi Arabia Making the President and Congress “Real Enemies”?
Democratic lawmakers accused the Trump administration of treating Congress as “the real enemy” as they slammed arms sales to Saudi Arabia in a House Foreign Affairs Committee hearing. Secretary of …
Saudi Arabia to Invest $1.5 Billion in India’s Jio Platforms
(Bloomberg) — Saudi Arabia’s sovereign fund will invest $1.5 billion in the telecommunications and digital services business controlled by Indian billionaire Mukesh Ambani, bringing total new …
Saudi PIF to invest Rs 11,367 cr in Jio Platforms for 2.32% stake
PIF, the sovereign wealth fund of Saudi Arabia, as part of its mandate to diversify its economy, has made its largest investment into the Indian economy to-date. This investment is in line with PIF’s …