PUBLIC INVESTMENT FUND

Saudi Arabia’s PIF Ups Stake in Tesla, Musk Considers Taking Company Private

Crown Prince Mohammed bin Salman at a Boeing facility in Washington state.
Saudi Arabia's Public Investment Fund (PIF) has bought a minority stake in Tesla at just below 5 percent, Reuters reports, citing a source familiar with the stake.

Saudi Arabia

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Saudi-Canada

State Department urges Ottawa, Riyadh to resolve dispute

Sources close to the matter said Tuesday that Canada plans to seek help from United Arab Emirates and Britain to defuse the escalating diplomatic rift,...

 

Economy

Analysis: Saudi energy subsidy cuts an early success

Amidst the many reforms the Saudi Arabian government has planned, there is at least one for which it can already claim success. Even though the...

 

Tesla

Saudi Arabia’s mega-fund builds stake in Tesla: report

The position fell below the 5% threshold that requires disclosure, and would be worth between $1.7 billion and $2.9 billion, the report said....

 

Visa Violators

Saudi Arabia finds 1.5m visa violators

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Vision 2030

NTP 2020: 700,000 Reasons Why Jobs Will Miss Saudi Arabia’s Target

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Technology

Saudi Arabia’s Prince Alwaleed bin Talal buys stake in Snapchat

The Saudi prince also owns stakes in Twitter and Lyft , and says Snapchat has only just scratched the surface of its potential....

 

Philanthropy

Alwaleed Philanthropies to distribute 7,000 cars among the needy

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Rate My Sermon

Saudi Arabia develops ‘rate my sermon’ app

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Saudi +

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Anti-ISIS Campaign

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Yemen

How is jihadi militancy in Yemen evolving?

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Plenty

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Tourism

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Private Debt Sales

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Israel

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