Mediation trumps business as Saudi Crown Prince heads to New Delhi

Saudi Crown Prince Mohammed bin Salman’s two-day trip to India was meant to be about business but a terror attack changed the plan. A suicide bombing on Thursday left 41 Indian soldiers dead in Kashmir, leading the Saudi delegation to calm the situation between India and Pakistan, two of its close allies. Prince Mohammed will arrive in New […]

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GE announces $15 billion of business deals with Saudi Arabia

It came as dozens of senior U.S. business executives met Saudi counterparts at a conference coinciding with the visit of President Donald Trump to Riyadh. The agreements, which involve almost $7 billion of goods and services from GE itself, range from the power and healthcare sectors to the oil and gas industry and mining, GE […]

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Pokemon Go: Top Saudi Clerical Body Renews Fatwa Against Franchise

Saudi Arabia’s top clerical body has renewed a 15-year-old edict that the Pokemon game franchise is un-Islamic, Saudi media said on Wednesday, although the fatwa made no mention of the successful new Pokemon Go mobile game. Nintendo’s augmented reality app, in which players walk around real-life neighbourhoods to hunt and catch virtual cartoon characters on […]

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Uber raises $three.5 Billion From Saudi Arabia’s Sovereign Wealth Fund

San Francisco: Uber has raised $3.five billion from Saudi Arabia’s sovereign wealth fund, the U.S. trip-hailingservice stated on Wednesday, gaining a essential accomplice in its expansion into the center East. The funding from the Saudi Arabian Public funding Fund become part of Uber’s most latest financinground that valued the company at $sixty two.5 billion, Uber […]

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Uber raises $three.five Billion From Saudi investment Fund

HIGHLIGHTS Public investment Fund of Saudi Arabia has pumped $3.5 billion in Uber. The deal comes as Saudi Arabia strives to diversify its economy. Uber now has extra than $eleven billion in coins. Uber introduced Wednesday that the public investment Fund of Saudi Arabia has pumped $3.five billion (roughly Rs. 23,213 crores) into the ride-sharing […]

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