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Photos: Over 1,486 million pilgrims arrive in Saudi Arabia

The number of pilgrims arriving by air reached 1,392,928, by land 78,282, and by sea 15,748.
Khaleej Times

Fin24.com | WATCH: Musk tweets considering taking Tesla private

Saudi Arabia’s sovereign wealth fund is in talks that could see it becoming a significant investor in Tesla as part of Elon Musk’s plan to take the electric car maker private.
News24

Videos for "Saudi Arabia"

Oppenheimer Analyst Rusch Sees a Lot of Unanswered Questions Around Tesla [Video]Oppenheimer Analyst Rusch Sees a Lot of Unanswered Questions Around Tesla

Aug.13 -- Colin Rusch, Oppenheimer senior analyst, and Bloomberg Businessweek's Max Chafkin discuss Tesla Inc.'s path to going private with Bloomberg's Selina Wang on "Bloomberg Technology."

Bloomberg Global Business -

Musk Apparently Still Waiting On Offers To Help Take Tesla Private [Video]Musk Apparently Still Waiting On Offers To Help Take Tesla Private

Tesla CEO Elon Musk said on Monday a July 31 meeting with Saudi Arabia’s sovereign wealth fund convinced him he could secure funding to take the electric car-maker private, but that he was still..

Wochit -

Egypt Voices Concern Over Red Sea Security After Houthis Attack [Video]Egypt Voices Concern Over Red Sea Security After Houthis Attack

Following an attack by Yemen’s Houthis on two oil tankers, Egypt’s president said on Monday Cairo was deeply concerned about security in the Red Sea. Reuters says President Abdel-Fattah al-Sisi..

Wochit -

Musk Says Talking to Saudi Fund, Others On Tesla Buyout [Video]Musk Says Talking to Saudi Fund, Others On Tesla Buyout

According to Reuters, Tesla Chief Executive Elon Musk said that he was in discussions with Saudi Arabia’s sovereign wealth fund and other potential backers of his plan to take the electric car-maker..

Wochit -

Musk On Saudi Buyout [Video]Musk On Saudi Buyout

On Monday Tesla Chief Executive Elon Musk says he is still in talks with potential backers of a possible buyout of the company, including Saudi Arabia’s sovereign wealth fund, but had not completed..

Wochit -

Price Of Oil Falls 2 Percent [Video]Price Of Oil Falls 2 Percent

According to Reuters, oil prices dropped sharply on Monday. The drop was seen as the result of data suggesting inventories at the U.S. crude delivery hub increased in the last week. The drop in the..

Wochit Business -

 

WTI jumps 1% to $ 68 mark ahead of API data

· *Saudi Arabian output cut and Iran sanctions remain Oil-supportive. * · *Struggles to extend the bounce beyond $ 68 as slowing global growth outlook weighs.* WTI (oil futures on NYMEX)..
FXstreet.com

Oil edges up on Saudi output cut and Iran sanctions

Oil prices rose on Tuesday after Saudi Arabia said it had cut production in July, though concerns over a slowdown in global economic growth kept a lid on markets.
Reuters India

Musk angles for Silver Lake and Goldman Sachs to advise on Tesla deal

Tesla boss Elon Musk has said he's "excited" to bring Goldman Sachs and buyout firm Silver Lake on board as financial advisors on a potential deal to take the electric carmaker private. The news..
City A.M.

Saudi Arabia frees three Iranian fishermen - IRNA

Saudi Arabia has freed three Iranian fishermen detained by the kingdom's coastguard last year, Iran's state news agency IRNA quoted an Iranian official as saying on Tuesday, following negotiations..
Reuters India Also reported by •Reuters

USD/CAD retreats farther from 3-week tops, weakens below 1.3100 handle

*   •  A modest USD profit-taking prompts some long-unwinding trade on Tuesday.  •  Bullish oil prices underpin Loonie and further collaborate to the downfall.* The USD/CAD pair extended..
FXstreet.com

10 things in tech you need to know today

Good morning! This is the tech news you need to know this Tuesday. * 1. Tesla CEO Elon Musk revealed new details about taking the car company private, saying that he thought tweeting the..
Business Insider

Saudi Arabia starts to weaponize its wealth


DallasNews

Oil prices edge up as Saudi cuts output, but looming demand slowdown drags

By Henning Gloystein SINGAPORE (Reuters) - Oil prices rose on Tuesday after a report from OPEC confirmed that top exporter Saudi Arabia had cut production to avert looming oversupply. Front-month Brent..
Firstpost Also reported by •Reuters India

Musk confirms Saudi sovereign fund wants to pull Tesla off market

Tesla Motors founder Elon Musk said on Monday that in late July he met with Saudi Arabia sovereign fund representatives to discuss the electric carmaker's possible exit from the stock market.
Sify

Oil prices inch up on Saudi output cut, but slowing economic growth drags

Oil prices rose on Tuesday after a report from OPEC confirmed that top exporter Saudi Arabia had cut production to avert looming oversupply.
Reuters India

Musk says Saudi Arabia would fund deal to take Tesla private

Carmaker’s chief seeks to explain tweet indicating funding had been arranged
FT.com

Musk talking to Saudi fund, others as he seeks Tesla buyout financing

Tesla Inc Chief Executive Elon Musk said on Monday a July 31 meeting with Saudi Arabia's sovereign wealth fund convinced him he could secure funding to take the electric car-maker private, but that he..
Reuters India

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