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...It could then sell the model in India and export to south-east Asia, the Gulf, Africa, and southern and eastern Europe....
...Three vessels carrying LNG for Qatar’s state-owned Qatar Energy, which had been due to enter the Red Sea, stopped short on Monday and circled off the shore of Oman....
...Despite the geopolitical jitters, European airlines have watched with rising concern the growth of Turkish and airlines in the Gulf which connect east and west via stopovers....
Biz2Credit hopes to use Magnati’s data to broker loans to small businesses in the UAE
Richard Blumenthal accused kingdom of trying to launder its image with potential PGA deal
Adviser was working on the overhaul of a Nasdaq-listed group that US regulators charged with fraud
...“We want to determine what work these companies have done and are doing that allows a foreign sovereign to use instruments of commerce in the United States to increase its influence within our shores, and...
...The oil-rich Gulf state’s $700bn Public Investment Fund has armed LIV with all the resources needed to hollow out the US tour by taking some of the best-known names and brightest talents....
...BlackRock, Fidelity, Vanguard and State Street — the sector’s four largest players by assets managed — were among the most reluctant to back proposals....
Also in this newsletter: Saudi Arabia bags the 2034 World Cup without a fight
...In August 2022, the Cabinet Office banned Bain from winning public contracts for three years over its role in a “state capture” scandal in South Africa and what Sir Jacob Rees-Mogg, the Cabinet Office minister...
...The government wants to attract more tourists, and has demanded that foreign companies move their regional headquarters to the kingdom by the end of the year if they want to win state contracts....
...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
...Among the deals is a 2.5bn-ringgit memorandum of understanding between Malaysia’s state-owned Sime Darby Oils International and Guangxi Beibu Gulf International Port Group, which will build a trading and...
...Even if the UK gets a stable government (one that doesn’t flip-flop on net zero or repeatedly threaten to legislate in defiance of its international treaty obligations) Brexit creates a permanent state of...
...Potential investors from Asia and the Gulf in distressed Russian assets, whom the Kremlin is trying to court, should also take note....
PGA Tour officials tell US Senate their planned tie-up with LIV is best chance to preserve sport’s independence
...While the PGA and LIV tours have publicly postured that they were comfortable with the gulf in the game, legal action launched during the year-long feud made clear their mutual contempt....
Face of resistance to Saudi Arabia-backed venture says he still ‘hates’ rival tour after shock tie-up was announced
...Gulf states are also increasingly ploughing their cash into credit-orientated investments to take advantage of rising interest rates....
...Tour’s favourable not-for-profit tax treatment, while Democrat lawmakers Maxine Waters and Sherrod Brown have also called for the deal to be referred to the Committee on Foreign Investment in the United States...
...A version of this article was first published by Nikkei Asia on October 18. ©2023 Nikkei Inc. All rights reserved....
...Some bad bets come with the territory and are easily overshadowed by lucrative investments,” says Robert Mogielnicki, a senior fellow at the Arab Gulf States Institute in Washington....
...Instead, the truce has provoked greater scrutiny and given rise to questions about how the oil-rich Gulf state’s billions are reshaping golf and sport, in general....
Breakaway tour had struggled to find a home on channels with existing commitments to PGA
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