Lucid Group's (LCID.O) shares rose 43% on Friday, reducing gains after doubling on market speculation that Saudi Arabia's Public Investment Fund (PIF) planned to acquire the electric vehicle maker. The ...
Saudi Arabia is currently in advanced negotiations to order nearly 40 A350 jets from Europe’s Airbus as part of its strategic efforts to unveil a new airline and challenge heavyweight ...
Qatar’s central bank has told banks in the Gulf state not to swap its currency with entities outside the country without prior approval, five sources told Reuters, in a move ...
JP Morgan Payments has unveiled a cross-border liquidity solution in Saudi Arabia, enabling clients to link to liquidity pools in London and other international cities. The service will offer users ...
Summary This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. Russia tightened its gas squeeze on Europe on July 25 as Gazprom ...
HSBC Bank Oman (HBMO.OM) said on June 19 it would discuss preliminary terms with local rival Sohar International Bank (BKSB.OM) after the latter last week fend off the possibility of ...
Soaring commodity prices boost oil giant’s profits as tech stock slump brings down iPhone maker Apple Inc has lost its title as the world’s most valuable company to the oil ...
Wizz Air Holdings PLC said on May 10 that it had signed a memorandum of understanding (MOU) with the Ministry of Investment of Saudi Arabia aiming to explore the airline ...
Joe Biden looks to minimize fears of shortages concerning the Russian invasion of Ukraine The prices of oil have dropped significantly following White House officials stating that the US was ...
German Economy Minister Robert Habeck said that the Gulf States should not profit extensively from global sanctions against Russia over its invasion of Ukraine. He was adding his voice to ...
