#saudi

3:06pm, 29th March, 2019

Saudi's Kingdom Holding to invest Careem proceeds in Europe, Saudi: CEO

Saudi Arabian investment firm Kingdom Holding will put the proceeds from the sale of its stake in ride-hailing startup Careem toward $600 million in investments in the kingdom and Europe, its chief executive told Reuters on Friday.

Saudi Arabia says has 'nothing to do' with Bezos-AMI dispute

8:20am, 10th February, 2019

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Saudi Arabia says has 'nothing to do' with Bezos-AMI dispute

Saudi Arabia had "absolutely nothing to do" with the National Enquirer's reporting on an extramarital relationship involving Amazon.com Inc Chief Executive Jeff Bezos, the kingdom's minister of state for foreign affairs said.

SoftBank CEO Son won't speak at Saudi conference: source

7:28am, 23rd October, 2018

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SoftBank CEO Son won't speak at Saudi conference: source

SoftBank Group Corp Chief Executive Masayoshi Son, whose $93 billion Vision Fund drew nearly half its money from Saudi Arabia, canceled a speaking engagement at the kingdom's investment conference this week, a person close to the matter told Reu...

SoftBank CEO cancels speaking role at Saudi conference: source

5:22am, 23rd October, 2018

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SoftBank CEO cancels speaking role at Saudi conference: source

SoftBank Group Corp Chief Executive Masayoshi Son has cancelled a speaking engagement at the Future Investment Initiative conference in Saudi Arabia, said a source close to the matter.

Google latest to withdraw from Saudi conference

11:13pm, 15th October, 2018

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Google latest to withdraw from Saudi conference

Alphabet Inc's Google on Monday became the latest company to drop out of a business conference in Saudi Arabia.

Saudi's PIF invests more than $1 billion in Lucid Motors

8:37am, 17th September, 2018

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Saudi's PIF invests more than $1 billion in Lucid Motors

Saudi Arabia's Public Investment Fund said on Monday it had agreed to invest more than $1 billion in Lucid Motors to produce electric vehicles.

Saudi fund may only play minor part in Musk's $72 billion Tesla plan: bankers

4:32am, 15th August, 2018

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Saudi fund may only play minor part in Musk's $72 billion Tesla plan: bankers

Elon Musk told investors this week that "obviously, the Saudi sovereign fund has more than enough capital needed" to finance taking Tesla private.

Musk says Saudi fund supports Tesla buyout, talks continue

9:52am, 13th August, 2018

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Musk says Saudi fund supports Tesla buyout, talks continue

Tesla Chief Executive Elon Musk said on Monday he was still in talks with potential backers of a possible buyout of the company, including Saudi Arabia's sovereign wealth fund, but had not completed securing the funding.

Saudi sovereign fund PIF has bought a below 5 percent stake in Tesla: source

12:41pm, 7th August, 2018

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Saudi sovereign fund PIF has bought a below 5 percent stake in Tesla: source

Public Investment Fund, Saudi Arabia's sovereign wealth fund, has bought a minority stake in Tesla at just below 5 percent, a source familiar with the matter said on Tuesday.