Careem, the Middle East-based ride-hailing company, said on Thursday it had secured $200 million in new funding from existing investors, including from Saudi Arabian billionaire Prince Alwaleed bin Talal's Kingdom Holding.
Bloomberg's reporting team in Saudi Arabia landed another wide-ranging sit down interview with Saudi Arabia's Crown Prince Mohammed bin Salman, revealing the powerful leader's thinking on many issues from Vision 2030 to the Saudi Aramco IPO and others.
Saudi Arabia's Energy Minister Khalid Al-Falih is in Washington D.C. on Monday to meet with Secretary of Energy Rick Perry, according to a Reuters report which cited a Trump administration official and the Department of Energy.
Saudi Aramco officials began early talks with banks about a potential debt financing of up to $70 billion to back its acquisition of a majority stake in Saudi petrochemical firm Sabic, Reuters reports, citing banking sources.
Saudi Arabia is refuting a Reuters report yesterday that said the Kingdom was cancelling its planned IPO for Saudi Aramco, according to comments made by the Kingdom's minister of energy Khalid Al-Falih.