Saudi Crown Prince Mohammed bin Salman’s interview with Fox News: US, Israel, golf and more
Saudi Arabia’s Crown Prince Mohammed bin Salman, who is also the country’s Prime Minister sat down with US cable news network Fox News for a wide-ranging interview. The interview touched upon geopolitically charged issues such as its relations with Israel, the kingdom’s unilateral decision to cut crude oil supply, the LIV-PGA Tour merger shaking up […]
PIF-backed ADES Holding gets $76.5bn in orders for Riyadh IPO
Saudi Arabia’s ADES Holding Company (ADES) has attracted $76.5bn (SAR286.9bn) in orders for its $1.2bninitial public offering (IPO) on the Saudi Exchange, in what is set to be the country’s biggest listing of the year. ADES set the final offer price for the offering at SAR13.50 per share, implying a market capitalisation of SAR15.2bn at listing. According to oil and gas […]