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Where to invest $1,000 right now? ... Relying on Saudi Arabia to drive its expansion. Lucid is still struggling to scale up its business, but it had $5.16 billion in liquidity at the end of the ...
The Saudi riyal (Arabic: ريال سعودي riyāl suʿūdiyy) is the currency of Saudi Arabia. It is abbreviated as ر.س SAR, or SR (Saudi Arabian Riyal/Saudi Riyal). It is subdivided into 100 halalas (Arabic: هللة Halalah). The currency is pegged to the U.S. dollar at a constant rate of exchange. [2]
Secretary of State Marco Rubio, national security adviser Mike Waltz and special envoy to the Middle East Steve Witkoff are set to attend negotiations with Russia in Saudi Arabia, two sources ...
Saudi Arabia, [d] officially the Kingdom of Saudi Arabia (KSA), [e] is a country in West Asia.Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about 2,150,000 km 2 (830,000 sq mi), making it the fifth-largest country in Asia, the largest in the Middle East, and the 12th-largest in the world. [15]
The Saudi Parallel Market (Nomu) (Arabic: السوق الموازية - نمو), is a parallel equity market in Saudi Arabia launched the Saudi Stock Exchange (Tadawul) on 26 February 2017 with lighter listing requirements. Nomu serves as an alternative platform for companies to be publicly listed.
Assuming Lucid successfully ramps up its deliveries of the Air and Gravity, analysts expect its revenue to more than double to $1.74 billion in 2025, then jump 74% to $3.03 billion in 2026.
In the early 20th century, Jizan was a major site for pearl fishing.When World War I began, trade declined, due to ships moving to Al Hudaydah. [6]Today, ambitious projects in transport, renewable energy, tourism and agricultural development are taking place in the Jizan region, particularly in Jazan Economic City, including a US$3 Billion aluminium smelter.
The project was announced by crown prince Mohammed bin Salman in July 2017 as part one of Saudi Arabia's Vision 2030 projects to diversify the Saudi economy away from fossil fuels. The project is developed by Red Sea Global, one of the various companies founded by the Public Investment Fund, Saudi Arabia's sovereign wealth fund. [5]