Economy

ECONOMY

Saudi Arabia’s Fiscal Deficit Narrows Dramatically, Jadwa Investment Report Finds

saudi-leadership-council-of-ministers1
Saudi Arabia's total government revenue soared in Q2 2018 compared with the same period last year, according to a recent report by Jadwa Investment.

PUBLIC INVESTMENT FUND

Conflicting Reports on PIF Interest in Massive Tesla Stake

Deputy Crown Prince Mohammed bin Salman with the head of Japan's Softbank.
Conflicting reports have surfaced on the interest level of Saudi Arabia's sovereign wealth fund in purchasing a large stake in Tesla, which could enable the electric car company founded by Elon Musk to go private.

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