ENTERTAINMENT INVESTMENT

Will Saudi Arabia Purchase a Stake in Hollywood’s Largest Agency?

Deputy Crown Prince Mohammed bin Salman with Mark Zuckerberg, CEO of Facebook.
Saudi Arabia’s Public Investment Fund (PIF) is in talks to buy a 5-10% stake in Endeavor, the holding company for Hollywood talent agency William Morris Endeavor (WME), for $500 million, according to reports.

Saudi Arabia

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Yemen Civil War

Saudi Arabia to Transfer $2 Billion After Urgent Yemen Plea

Saudi Arabia's King Salman ordered the transfer of $2 billion to Yemen on Wednesday, a day after Yemen's Saudi-backed prime minister made an urgent appeal ...

 

Saudi Aramco IPO

Exclusive: Saudi Aramco snubs UBS and Bank of America for listing roles – sources

Saudi Aramco has not invited UBS and Bank of America Merrill Lynch to pitch for senior advisory roles in its stock market listing because they ...

 

Saudi Aramco

Why Saudi Aramco is trying to make vehicle engines more efficient

Electric vehicle purchases are expected to surge in the coming years, but making conventional, gas-powered cars and trucks more efficient will be the most effective ...

 

Women's Rights

Saudi Woman Who Attended Historic Soccer Match: ‘No Words Can Describe How Amazing It Was’

Arriving six hours before the game, Algashgari helped to steward spectators arriving to watch the match. Women came draped in green scarves and waving the ...

 

Corruption Crackdown

Commentary: What Now for the Saudi Corruption Purge?

At the last publicly disclosed count in early December, there were 159 detainees in the Ritz, though some have been released since then. The Saudi ...

 

Counter-Terrorism

Man Wanted for ‘Terrorist Crimes’ Killed in Eastern Saudi Arabia

Saudi security forces shot and killed a man suspected of involvement in "terrorist crimes" in an exchange of fire in the eastern part of the ...

 

Security

Saudi Arabia shoots down Yemeni missile: Ekhbariya TV

A ballistic missile fired by Yemen’s armed Houthi group towards Saudi Arabia’s southern Jizan region was shot down by Saudi forces on Tuesday, Saudi state ...

 

Education

Saudi government announces tender to build 60 schools, ease burden on state

Saudi Arabia’s education ministry announced on Wednesday a tender for private companies to build and maintain 60 schools, as part of economic reforms designed to ...

 

Saudi-Oman

Saudi Arabia and Oman agree to set up joint investment fund

Saudi Arabia and Oman agreed on Tuesday to establish a joint investment fund to strengthen bilateral ties, as Riyadh seeks to counter Iranian and Qatari ...

 

Kingdom Tower Jeddah

Jeddah Tower: What does the world’s next tallest skyscraper look like now?

When CNN visited the site at the end of 2017, the tower was 252 meters (826 feet) high and already had expansive views of the ...

 

Women Drivers

Saudi Arabia Holds Car Show Just for Women

Car manufacturers are wasting no time preparing for the day when Saudi Arabian women will be permitted to drive. ...

 

ACWA Power

Saudi and Chinese businesses join forces on Egyptian solar projects

Saudi Arabia's ACWA Power has awarded an engineering, procurement and construction contract to China's Chint Group for three solar photovoltaic power plants in southern Egypt. ...

 

Saudi +

Regional and related topics

Turkey

Turkey Warns U.S. That Border Force Could Irreparably Harm Ties

Turkey warned the U.S. that the deployment of an American-backed, Kurdish-led force in northern Syria along the Turkish border could cause irreparable harm to the ...

 

U.S. Aid

The U.S. just cut $65 million in aid to Palestinians

After threatening to pull all of its funding, the Trump administration announced it would deliver only $60 million of the scheduled $125 million aid installment ...

 

Iran Nuclear Agreement

The Iran Nuclear Deal at Two: A Status Report

The 2015 Iran nuclear accord is as successful as it remains fragile. President Trump has warned he will scuttle it unless Congress, in coordination with ...

 

U.S.-Iran

How Mattis softened on Iran — for now

One reason for Mattis' new stance: As the Pentagon's civilian leader, he must balance a much larger menu of global challenges than when he led ...

 

Afghanistan

A new U.S. air blitz in Afghanistan isn’t stopping for winter. But will it stop the Taliban?

But for the first time in 16 years, the cold has not slowed the war in the air. U.S. and Afghan forces conducted 455 airstrikes ...

 

Kurds

Perspective: Twilight of the Kurds

As the military campaign against the Islamic State winds down, the United States and its allies’ enthusiasm for using the Kurds as their proxies against ...

 

U.S. Middle East Policy

Commentary: US Policy Toward the Levant, Kurds and Turkey

The US is increasingly falling back on support for Israel and Saudi Arabia. Trump has clearly set his course and reversed Obama’s effort to balance ...

 

Shell in the Region

Shell bids a long goodbye to Middle East oil

Royal Dutch Shell PLC is giving up on its last oil fields in Iraq, leaving the world's second-biggest oil company with a dwindling footprint in ...

 

Qatar Crisis

Qatar: Exiled sheikh promoted by Saudi Arabia now in Kuwait

An exiled Qatari sheikh once promoted by Saudi Arabia as a possible opposition leader amid a diplomatic dispute with Doha is now in Kuwait, authorities ...

 

Israel-Palestine

Saudi Cabinet condemns Israeli plans to build more settlements in Palestine

The Saudi Cabinet has condemned the Israeli decision to build more than 1,000 settlement units and offer tenders to build another 650 housing units in ...

 

Egypt

Ancient DNA results end 4,000-year-old Egyptian mummy mystery

Using 'next generation' DNA sequencing scientists have found that the famous 'Two Brothers' mummies of the Manchester Museum have different fathers so are, in fact, ...

 

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