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Related Special Reports
...The boss of Lucid Motors said the US electric car start-up must not rely on the “bottomless wealth” of its Saudi Arabian backer as it looks to raise funds over the coming year....
...The approach to tech investing matches Saudi strategy more broadly....
...Sunak’s invite to Prince Mohammed this year signalled the UK’s desire to attract Saudi investment and deepen relations five years after the murder of Saudi journalist Jamal Khashoggi in the Saudi consulate...
...It follows a series of Saudi investments in football, golf, motor racing and combat sports, which have included Golf Saudi, the Saudi sovereign wealth fund and state oil company Saudi Aramco backing female...
...Saudi Arabia has long been considered the grand prize for Israel....
...Many have also suggested that hard drinks might be served on Saudi Arabia’s newest airline, Riyadh Air, a question executives have at times dodged....
...In the GPT case, the defendants’ alleged crimes related to payments made to Saudi officials to secure £1.6bn of contracts between the MoD and the Saudi Arabian National Guard (SANG) for the installation...
...What sports could I be pitching the Saudis that they aren’t buying up already. Was thinking tennis — it fits the profile of highly paid stars, global footprint and complacent leadership. Any others?...
...The agency had accused the two men of involvement in nearly £10mn of bribes paid to Saudi officials between January 2007 and December 2012 to secure £1.6bn of contracts between the MoD and the Saudi Arabian...
...Airlines have been forced to cancel 1,145 flights since Tuesday, about a third of the scheduled departures and arrivals at Dubai airport, according to data from Flightradar24....
...Turkish Airlines has also grown rapidly in recent years by following a similar model, while Saudi Arabia has unveiled state-backed plans to grow its own aviation sector....
...In a surprise policy reversal, Saudi Arabia paused that expansion plan in January but Nasser insisted the kingdom’s confidence in long-term oil demand was undimmed....
...Saudi Arabia was “not a financial centre set-up”, the financier added....
...Arabian producer apart from much of the industry, where spending on oil production is generally falling due to concerns about climate targets and future demand....
...“Will there be a Saudi investment? What degree of control would the Saudis have if they make an investment? We haven’t seen the end of this story yet.”...
...Heathrow is in the midst of the biggest shake-up of its ownership since its privatisation in the 1990s, after Spanish infrastructure group Ferrovial in November said it would sell its 25 per cent stake to Saudi...
...irreversible steps towards a Palestinian state before any normalisation,” said Ali Shihabi, a Saudi analyst close to the royal court....
...Saudi Aramco accounts for about 10 per cent of the 100mn barrels of oil the world consumes every day....
...The PIF sued the four firms in Saudi Arabia, claiming that documents demanded in the US were classified....
...“Deep corruption” is at the heart of a criminal case against two men accused of bribing Saudi Arabian officials to secure lucrative defence contracts with the UK government, according to the prosecution...
...Arabia this week after meeting Saudi Crown Prince Mohammed bin Salman....
...Oil prices dropped sharply on Monday as Saudi Arabia’s decision to cut its official selling price for oil exports in February overshadowed heightened tensions in the Middle East....
...He acknowledged that the human rights situation in Saudi Arabia “still doesn’t meet our standards” and was “still ambivalent”. But “Saudi Arabian defensive missiles are also protecting Israel”....
...Some don’t even live in Saudi. They base themselves in Bahrain and commute....
...I know our London team won’t like working for Saudi but they’ll like the money. We might even need to spend a bit of time out there ourselves to show our intent....
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