Tag: Saudi

Rory McIlroy compliments LIV Golfing, opens up on Saudi expense

Christina Lobo
Rory McIlroy compliments LIV Golfing, opens up on Saudi expense

Rory McIlroy is a diehard soccer fan who supports Manchester United, which made the four-time major winner a fitting guest for The Overlap’s “Stick to Football” show that functions former United stars Roy Keane and Gary Neville as effectively as fellow greats Ian Wright and Jamie Carragher.

As a visitor on the show’s most the latest episode, McIlroy began by telling a hilarious story of Keane rejecting his autograph request in a hotel when he was just 12 decades previous before the discussion ventured towards subjects like LIV Golfing and Saudi Arabia’s Public Investment decision Fund financial commitment in sport.

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Pakistan Expects $50 Billion Financial commitment from Saudi Arabia, UAE Inside of 5 Many years

Christina Lobo
Pakistan Expects Billion Financial commitment from Saudi Arabia, UAE Inside of 5 Many years
ISLAMABAD, Pakistan — 

Pakistan’s caretaker prime minister mentioned Monday that Saudi Arabia and the United Arab Emirates will make investments $25 billion each individual in his funds-strapped nation inside 5 decades.

Anwaar-ul-Haq Kakar explained to a team of Islamabad-based mostly international journalists late Monday that distinctive sectors, such as mines and minerals, agriculture, protection creation and facts know-how, would obtain the expense. He did not elaborate.

Financial revival

The prime minister reported that the Saudi and UAE investments are portion of a new “technique for financial revival” to increase international immediate financial commitment in Pakistan underneath the supervision of the

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Saudi Arabia contemplating investing in ‘Made in Italy’ fund

Christina Lobo
Saudi Arabia contemplating investing in ‘Made in Italy’ fund
Italian Prime Minister Giorgia Meloni visits Warsaw

Italian Key Minister Giorgia Meloni and Polish Primary Minister Mateusz Morawiecki hold a joint press conference in Warsaw, Poland, July 5, 2023, REUTERS/Kacper Pempel/File Image Obtain Licensing Legal rights

  • Vitality assignments focal stage of agreement
  • Saudis could make investments in ‘Made in Italy’ fund
  • PM has sought closer ties with Gulf countries

MILAN, Sept 4 (Reuters) – Italy and Saudi Arabia are in talks about a prospective Saudi expense in Rome’s new strategic fund, Italy’s Business Minister Adolfo Urso claimed on Monday, as the two signed a offer to forge closer economic relations, notably in power.

The “Built in Italy”

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Turkey seeks international financial investment from Saudi Arabia

Christina Lobo
Turkey seeks international financial investment from Saudi Arabia

Turkish President Recep Tayyip Erdogan is on a a few-working day tour of Gulf states to try out to appeal to overseas investment for his country’s having difficulties economic climate, which include from former rivals of Ankara.

For far more stories from The Media Line go to themedialine.org

Erdogan has frequented Saudi Arabia’s Mohammed bin Salman and the United Arab Emirates, two nations around the world that have noticed a drive from Turkey for a strengthening of ties. He has also frequented Qatar, one of Turkey’s strongest allies. Turkey’s state news agency claimed that Erdogan explained he wanted the excursion

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As Saudi Arabia goes on defense investment spree, Israeli industry in a restricted location

Christina Lobo
As Saudi Arabia goes on defense investment spree, Israeli industry in a restricted location
Dubai Airshow Opens Highlighting Aerospace Industries Newest Tech

DUBAI, UNITED ARAB EMIRATES – NOVEMBER 14: Boeing reveals off model displays of their army tools to a delegation from Saudi Arabia at the Dubai Airshow 2021 on November 14, 2021 in Dubai, United Arab Emirates. (Picture by Andrea DiCenzo/Getty Images)

TEL AVIV — Israel is going through a dilemma. Saudi Arabia is investing greatly in its defense sector, eyeing valuable bargains directly with foreign corporations or that involve global partnerships.

But Jerusalem, which recently normalized relations with some Gulf nations but not the Kingdom, is currently being left out, a lot to the chagrin of some Israeli protection companies

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Sequoia will make Gulf debut with $33 million expenditure in Saudi fintech

Christina Lobo
Sequoia will make Gulf debut with million expenditure in Saudi fintech

DUBAI, United Arab Emirates — Saudi fintech start out-up Lean Systems has received a $33 million Series A spherical funding injection from Sequoia Capital India, marking the firm’s to start with foray into investing in the Arab Gulf area.

Sequoia Capital India’s fund is in the same spouse and children as U.S.-based venture capital big Sequoia, which has beforehand backed Google and Stripe. Its fund is independent, even so, and its money motivation to the Saudi fintech’s Collection A round is joined by other worldwide traders together with New York-primarily based Liberty City Ventures and previous Basic Electric powered CEO

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