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Posted On NewsSaudi Arabia trims bets on US tech stocks
Saudi Arabia’s Public Investment Fund (PIF) rejigged its US equities portfolio during a tumultuous first quarter for Stateside stocks, expanding…
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Posted On NewsRiyadh moves to rewire its global role with AI
As President Donald Trump departs Saudi Arabia and the Gulf with a slate of artificial intelligence and technology investment deals,…
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Posted On NewsQatar takes centre stage on Trump’s Middle East mission
Major deal announcements kept rolling in on Wednesday as Donald Trump travelled from Riyadh to Doha on the second day of his…
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Posted On NewsArms, investment and AI top list of deals on busy day for Trump
Tens of billions of dollars in new partnerships between the US and Saudi Arabia were announced on Tuesday in Riyadh…
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Posted On NewsPrince Alwaleed’s Flynas seeks $1.1bn in Saudi IPO
Saudi budget airline Flynas is looking to raise as much as SAR4.1 billion ($1.1 billion) in an initial public offering (IPO) that…
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Posted On NewsProfits jump for PIF’s Elm digital services company
Elm Company, a digital services company controlled by Saudi Arabia’s Public Investment Fund, said first-quarter profit surged more than 40 percent…
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Posted On NewsAramco to post lower profit and may slash dividend
National oil company Saudi Aramco is forecast to post lower first-quarter profit and may cut its 2025 dividend further as oil prices…
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Posted On NewsRiyadh wants the world to visit the ‘Arabian Highlands’ of Aseer
The streets of Abha become festooned with lilacs and mauves throughout May, when the city’s 25,000 jacaranda trees come into…