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02/26/2021

Biden administration releases report on Khashoggi's killing directly implicating Saudi Crown Prince Mohammed bin Salman

The Biden administration released a long-awaited report on Jamal Khashoggi’s killing. The declassified intelligence report directly implicated Saudi Crown Prince Mohammed bin Salman.  The Trump administration prioritized the US-Saudi relationship

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01/25/2021

Saudi Wealth Fund in Talks with Lucid for Car Factory, FT Says

Lucid Motors Inc. is in talks with Saudi Arabia’s sovereign wealth fund to build an electric vehicle factory in the kingdom, the Financial Times reported, citing an interview with the

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08/17/2020

Saudi Arabia’s $300 billion wealth fund ditched Facebook, Disney, and Boeing stocks, and poured billions into ETFs in the second quarter

YURI KADOBNOV/Getty Saudi Arabia’s sovereign wealth fund, which is among the largest in the world, released investments it bought and sold in the second quarter in an SEC filing. The

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08/12/2020

Oil Giant Saudi Aramco Plans Huge Spending Cut for 2021

Follow us @middleeast for more news on the region. Saudi Arabia’s state oil company plans to cut capital expenditure to $25 billion or less next year, about half the amount

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08/01/2020

Apple leapfrogs Saudi Aramco now world's biggest company

Apple hits all-time high on blowout earnings, stock split FOX Business’ Susan Li breaks down the big week for the big tech companies including Apple and Facebook, Tim Cook’s economic

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05/16/2020

Saudi wealth fund boosts U.S. holdings with stakes in Citi, Boeing, Facebook

Fox Business Flash top headlines for May 15 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. DUBAI/BENGALURU - Saudi Arabia’s sovereign wealth fund has bought minority

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05/11/2020

Saudis Deepen Oil Output Cuts in Effort to Prop Up Market

In this article Saudi Arabia announced an extra oil-production cut to slash output to the lowest in 18 years as it tries to accelerate the recovery from an energy crisis

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