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Economy

Saudi Arabia’s PIF to hire 50 staff to expand New York office: Bloomberg report

Follow-ups -eshrag News: RIYADH: Saudi Arabia’s overall gross domestic product growth is expected to hit 8.7 percent in 2022, according…

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Economy

UAE plans to increase crude production capacity to 5m bpd: Bloomberg

Follow-ups -eshrag News: Mon, 2022-09-19 18:04 RIYADH: The UAE is pursuing a plan to increase its crude production capacity to 5 million…

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Economy

Volkswagen to receive $399m in profits on gas trade: Bloomberg

Follow-ups -eshrag News: Sun, 2022-09-18 15:13 RIYADH: German vehicle manufacturer Volkswagen is set to receive multi-million euros in profits as…

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Economy

Lazard set to hire Citigroup’s Saudi Arabia CEO: Bloomberg 

Follow-ups -eshrag News: Fri, 2022-09-16 16:47 RIYADH: Financial services company Lazard is set to hire Citigroup’s Saudi Arabia CEO Wassim…

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Economy

Saudi PIF rumored to be lead in Starbucks franchise stake bid: Bloomberg

Follow-ups -eshrag News: LONDON: Russia warned the West on Friday that plans to try to cap the price of Russia’s…

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Economy

PIF-backed SoftBank to sell Fortress to Mubadala: Bloomberg

Follow-ups -eshrag News: Tue, 2022-09-06 19:24 RIYADH: SoftBank Group, backed by Saudi Arabia’s Public Investment Fund, is nearing a deal…

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Economy

Economists cut China’s 2022-2023 growth forecasts: Bloomberg report

Follow-ups -eshrag News: RIYADH: Oil rose almost 1 percent on Monday on receding fears of an imminent output cut by…

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Economy

Saudi Arabia to renew $3bn deposit for Pakistan this week: Bloomberg

Follow-ups -eshrag News: Sun, 2022-08-14 14:15 RIYADH: Saudi Arabia is planning to renew its $3 billion deposit to help Pakistan…

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Economy

China’s Huobi founder looks to sell stake in crypto exchange firm for over $1bn: Bloomberg

Follow-ups -eshrag News: Fri, 2022-08-12 11:32   LONDON: The founder of China’s Huobi Group, which runs one of the world’s…

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Economy

Egypt in preliminary talks to raise $2.5bn amid intensifying economic pressure: Bloomberg

Follow-ups -eshrag News: RIYADH: UAE-based Gulf Pharmaceutical Industries, also known as Julphar, announced robust results for the second quarter of…

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