Lucid Motors is raising another $1 billion from its biggest financial backer, Saudi Arabia, as it looks to blunt the high costs associated with building and selling its luxury electric sedan.
The State Department gave its approval of the sale to Congress. An Abrams main battle tank, for U.S. troops deployed in the Baltics as part of NATO's Operation Atlantic Resolve, leaves Riga port ...
What if $1 million fell into your lap? With trillions due to be transferred between generations over the next decade, a lot of Australians are in for a windfall. Residential property will be the ...
The PGA Tour plans to distribute about 80% of $930 million worth of initial player equity grants in its newly formed company, ...
The Middle Eastern country is creating a gigantic fund to invest in A.I. technology, potentially becoming the largest player in the hot market. By Maureen Farrell and Rob Copeland The government ...
Saudi Arabia’s Public Investment Fund (PIF) is planning a $40 billion fund to invest in artificial intelligence, The New York Times reported, citing sources familiar with the plans. This move would be ...
Ayar Third Investment Co. will be able to convert preferred stock into about 280m shares Lucid is raising $1 billion in capital from an affiliate of Saudi Arabia's Public Investment Fund (PIF), it ...
More venture capitalists may participate in the Kingdom’s AI fund Dubai: Saudi Arabia’s PIF is in talks to invest $40 billion (Dh146.9 billion) in artificial intelligence (AI) as the Kingdom ...
DUBLIN, March 27, 2024 /PRNewswire/ -- The "Saudi Arabia Loyalty Programs Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Loyalty Programs Trends by End-Use Sectors ...
CAIRO - The Islamic Trade Finance Corporation (ITFC) signed an agreement on Monday to provide $1.4 billion to the Bangladesh Petroleum Corporation, Saudi Arabia's state news agency SPA reported. The ...
Plus, the WWE is combining with Endeavor, the owner of UFC, and McDonald's has reportedly temporarily closed its U.S. offices as it prepares to inform employees about layoffs. Saad Ibrahim Almadi ...
Saudi Arabia plans to invest 142 billion riyals (US$38bil/RM176bil)) to turn the kingdom into a hub for esports by 2030, part of plans to diversify the economy of the world’s biggest oil exporter.