Saudi Arabia just said they are now ‘open’ to the idea of trading in currencies besides the US dollar — does this spell doom for the greenback? 3 reasons not to worry The 2023 World Econom...
Tag: saudi
Why Soccer In Saudi Arabia Offers More Than Debuting Cristiano Ronaldo
Ronaldo is yet to feature in a league game for Al Nassr, where he’s expected to earn around €185 … [+] million ($200 million) per year. Getty Images Cristiano Ronaldo, amid all the money a...
Duo Score 3 Goals In Ronaldo’s Chaotic Saudi Arabia Debut
Topline Soccer icons Cristiano Ronaldo and Lionel Messi dazzled a crowd in Saudi Arabia on Thursday in what might be the final match between the two legends, with Ronaldo scoring twice in his highly a...
Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization – Economics Bitcoin News
After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, said the kingdom is open to trading in currencies other than the U.S. dollar. The stateme...
Saudi Arabia Declares it Open to Trade with Other Currencies
2 hours ago | 2 mins read Editors News Saudi Arabia has no issues with discussing how they settle trade arrangements. Al-Jadaan stated that the country plans to invest $10 billion in Pakistan. The kin...
Bitcoin Too? Saudi Arabia To Take Non USD Currencies For Oil
Per a report, the biggest oil exporter in the world, Saudi Arabia, might take a hit to the U.S. dollar (USD) supremacy for the benefit of Bitcoin and other global currencies. During the World Economic...
Neom is Saudi Arabia’s $500 billion bet to build a futuristic city
Saudi Arabia is building a futuristic city in the middle of a vast desert— from scratch. A vital element of the country’s Vision 2030 plan, the project is the brainchild of Saudi’s de fact...
World Wrestling Entertainment climbs after tweets that Saudi fund will buy it
Shares of World Wrestling Entertainment WWE, -0.95% climbed 6% in premarket trade after two wrestling news reporters tweeted that Saudi Arabia’s public investment fund is buying the company, whi...
Saudi Arabia’s new love for soccer could cause ripple effects
Portuguese football star Cristiano Ronaldo poses for a photo with the jersey after signing with Saudi Arabia’s Al-Nassr Football Club in Riyadh, Saudi Arabia on December 30, 2022. Al Nassr Footb...
Saudi Arabia Looks To Mining As Way To Diversify Its Economy
Khalid Al-Mudaifer hopes to see Saudi Arabia expand and develop its mining sector with new … [+] international partners in line with the Saudi 2030 Vision. Saudi Ministry of Mines By Joseph Hamm...
Why 2023 May Finally Be The Year To Visit Saudi Arabia
Downtown Riyadh skyscrapers dominate the scene with more on the way. getty Saudi Arabia is a rapidly changing nation with its sights set on tourism growth and overhauling its brand image as a destinat...
Cristiano Ronaldo signs with Saudi Arabian club Al Nassr for reported record-breaking salary
Portuguese football star Cristiano Ronaldo poses for a photo with the jersey after signing with Saudi Arabia’s Al-Nassr Football Club in Riyadh, Saudi Arabia on December 30, 2022. Al Nassr Footb...
Busquets Receives Huge Offer From Saudi Arabia
Sergio Busquets has reportedly received a huge offer from Saudi Arabia. Getty Images FC Barcelona star Sergio Busquets has received a huge offer to continue his football career in Saudi Arabia with Al...
Lucid Stock Fell to New Low Despite $1 Billion Saudi Investment
Lucid Group stock continued to slide this week, despite a recent additional investment in the embattled electric-vehicle maker by Public Investment Fund, Saudi Arabia’s sovereign-wealth fund, of nearl...
Lucid raises $1.5 billion from Saudi public wealth fund, others
Lucid Motors CEO Peter Rawlinson claps after ringing the opening bell at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business ...
Tesla Competitor Lucid Raises $1.5 Billion, Majority From Saudi Sovereign Wealth Fund
(Photo by MediaNews Group/Bay Area News via Getty Images) MediaNews Group via Getty Images Key Takeaways Lucid Group has raised an additional $1.5 billion to support ongoing operations, with $915 mill...
World Fintech Show Features Dynamic Collaborations Set to Influence the Direction of Fintech in Saudi Arabia.
After two thrillingly eventful days, World Fintech Show, Powered by Revival Lab, Fintactics, and Arbah Capitalconcludes after leaving the Saudi fintech industry with a lot to look forward to. This eve...
World Cloud & Data Center Show accelerates Saudi Arabia’s cloud adoption initiatives
The 20th edition of the World Cloud & Data Center Show took place at the InterContinental, Riyadh, on November 28 – 29, 2022, and brought together elite IT leaders from Saudi Arabia and around the...
Why Does Ukraine Want Patriot Missiles Which Could Not Protect Saudi Arabia Against Drones?
According to news reports, the U.S. is finalizing plans to send Patriot missile batteries to Ukraine. The country has been coming under increasing attack from Russian drones and cruise missiles and ac...
Xi Jinping’s visit to Saudi Arabia is bad news for the Kremlin
Saudi Crown Prince Mohammed Bin Salman welcomes Chinese President Xi Jinping in Riyadh, Saudi Arabia. Chinese leader Xi Jinping and Saudi crown prince Mohammed Bin Salman met this week in Riyadh to di...
Saudi Arabia reports first budget surplus in nearly 10 years
The Kingdom Tower (center) stands on the skyline above the King Fahd highway in Riyadh, Saudi Arabia. Simon Dawson | Bloomberg | Getty Images Saudi Arabia reported its first budget surplus in nearly 1...
Time Out Market Back In Growth Phase With Saudi Mega Project
Time Out Market will make its third Middle Eastern home at Diriyah Square, Saudi Arabia. Diriyah Square Time Out Market has confirmed another Middle Eastern location for its food hall concept, with Ri...
Credit Suisse Rises on Report of Saudi Crown Prince Interest
(Bloomberg) — Credit Suisse Group AG shares rose as much as 7.5% on reports that Saudi Arabian Crown Prince Mohammed bin Salman is preparing to invest around $500 million in the bank’s planned i...
Saudi Crown Prince to Invest in Credit Suisse Unit, WSJ Reports
(Bloomberg) — Saudi Arabia’s Crown Prince Mohammed bin Salman is preparing to invest in Credit Suisse Group AG’s investment bank, the Wall Street Journal reported. Most Read from Bloomberg Princ...
OPEC+ Leaves Lower Oil Production Targets In Place—As Biden Reportedly Scraps Plans To Punish Saudi Arabia Over Cuts
Topline The OPEC+ alliance of oil-exporting countries left its targets for global oil production in place Sunday in its first meeting since announcing cuts in October, as the Biden Administration repo...
Cristiano Ronaldo Could Be Saudi Arabian Soccer’s David Beckham If He Takes Al Nassr Offer
Cristiano Ronaldo of Portugal celebrates team’s first goal during the Group H match between Portugal … [+] and Uruguay at the 2022 FIFA World Cup at Lusail Stadium in Lusail, Qatar, Nov. 2...
Saudi Arabia wants its investors to own Manchester United and Liverpool
Cristiano Ronaldo of Manchester United in action during the Premier League match between Manchester United and Liverpool FC on Aug. 22, 2022 in Manchester, England. Ash Donelon | Manchester United | G...
Argentina’s Fan Token ARG Crashes 30% after World Cup loss against Saudi Arabia
Join Our Telegram channel to stay up to date on breaking news coverage With the tournament favorite ousted by Saudi Arabia, the cost of Argentina’s crypto fan token plunged. If anything, Argentina’s d...
Argentina’s fan token drops 31% after losing against Saudi Arabia
The value of the Argentine Football Association Fan Token (ARG) has significantly decreased as a result of Argentina’s shocking loss to Saudi Arabia in the first match of the FIFA World Cup by a...