The movement of funds from Saudi Arabia to the PIF from SAMA, as the central bank is known, indicates that the role of the central bank could be gradually shifting, Mohamad Al Hajj, Dubai-based equity strategist for the Middle East and North Africa at EFG-Hermes U.A.E. Ltd.
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Green Monday Online Deals and Discounts
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Latest News
The Kingdom of Saudi Arabia's sovereign wealth fund is considering selling stakes in local companies to raise funds for international expansion, according to five people with knowledge of the matter.
Just recently, Samsung has announced its plan to purchase the US based Harman International Industries, Inc. through an all-cash deal worth $8 billion.
As the new administration in United States assumes office, the European Allies were divided to whether or not they would enter into deals with the recently-elected American President.
To assure that the city receives the gaming revenues it is entitled for 2017 from the North Shore venue, Mayor Bill Peduto announced on Monday that Pittsburgh has come up into a deal with Rivers Casino.
Microsoft Corp., the world’s largest technology company, is about to run a data center while assuring that the environment will not be compromised considering the energy needed to run a data center.
Aiming to sustain its industrial software business and respond to the pace considering the developments in the manufacturing technology, Siemens, one of the largest German engineering company, will enter into a deal to buy Mentor Graphics (MENT.O) for $4.5 billion.
As the 2016 US Presidential Election concludes, President Barack Obama on Monday has stated his hope that Donald Trump will continue the historic agreement to control the ability of Iran to develop nuclear weapons which is fully operational as of the present.
A relocation deal had been struck between Australia and the United States for immigrants being detained in offshore jails after trying to enter the state by boat.
As Trump becomes the president-elect, new waves of deals are paving the way. "The Art of the Deal" as president-elect, deal making can be expected to increase and rise.
