Saudi Arabia
Op-ed: It’s time for the World Bank to get back to the business of doing business
The World Bank’s “Ease of Doing Business” report tracked and encouraged improvements in the business climate around the world. Then it got canceled. Bloomberg | Bloomberg | Getty Images The following commentary is co-authored by Curtis S. Chin, former U.S. ambassador to the Asian Development Bank and inaugural Asia Fellow of the Milken Institute, and […]
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Luxury EV maker Lucid scores order from Saudi government for up to 100,000 vehicles
With 1,050 horsepower, the new Grand Touring Performance edition becomes the most powerful version of Lucid’s electric Air sedan. Lucid Motors Lucid Group said that the government of Saudi Arabia has agreed to buy up to 100,000 of its electric vehicles over the next ten years. Saudi Arabia’s public wealth fund holds an approximately 62% stake […]
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Turkish court moves Khashoggi trial to Saudi Arabia, signaling likely end of case
A demonstrator holds a poster with a picture of Saudi journalist Jamal Khashoggi outside the Saudi Arabia consulate in Istanbul, Turkey October 25, 2018. Osman Orsal | Reuters A Turkish court decided on Thursday to halt the trial of Saudi suspects over the killing of journalist Jamal Khashoggi and transfer it to Saudi Arabia, a […]
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Ukraine-Russia crisis is driving countries to explore new ways of pricing oil, Qatar says
Qatar’s foreign minister has said the conflict in Ukraine, and its geopolitical ramifications, is pushing some countries to explore new ways of pricing oil — not in the dollar. The comments, made Saturday by Mohammed bin Abdulrahman Al-Thani, come after a Wall Street Journal report that Saudi Arabia is in accelerated talks with China to accept yuan […]
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