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...The attack marked the first time a ship has been hit by a missile in the Gulf of Aden rather than the far narrower southern part of the Red Sea....
...Tesla is also advancing with plans to build its own lithium hydroxide refinery on the Texas Gulf Coast....
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
...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....
Senators assail consultants for helping Riyadh use ‘soft power’ to build influence in the US
...A geographical gulf in voting patterns also suggests each region’s political climate may have played a role in influencing asset managers to support or step back from proposals....
Also in this newsletter: Saudi Arabia bags the 2034 World Cup without a fight
...The Morningstar research found the returns gap was widest for “energy transition” funds, with an “eye-watering” 11.9 percentage point gulf between the funds’ annualised returns over the five-year period...
Appointment comes after government lifted ban on consultancy tenders imposed over South Africa scandal
...Under the deal announced on Tuesday, CRH will acquire a 2.1mn tonne capacity cement plant between San Antonio and Austin, a network of terminals along the eastern gulf coast of Texas and a portfolio of 20...
...It is that gulf that made the duo the John Lennon and Paul McCartney of the investment world....
Ride-hailing apps in the kingdom are widely regarded as the region’s worst — in part because of state regulations
...“Brexit is unusual in that it generated persistent uncertainty,” they wrote, differentiating the UK’s decision to leave the EU from other big, one-off shocks such as “the 1973 Opec oil price shock, Gulf...
...That cash flow is being ploughed into both drilling and carbon capture technology, including CO₂ sequestration facilities, transport pipelines and storage concentrated along the Gulf of Mexico coast....
PGA Tour officials tell US Senate their planned tie-up with LIV is best chance to preserve sport’s independence
...A version of this article was first published by Nikkei Asia on September 18. ©2023 Nikkei Inc. All rights reserved....
...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....
Many players remain frustrated while deal faces scrutiny in Washington
...Potential investors from Asia and the Gulf in distressed Russian assets, whom the Kremlin is trying to court, should also take note....
...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....
...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....
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