(Bloomberg) At a gleaming white hangar on Saudi Arabia’s western coast last year, the kingdom’s business and political elite gathered to applaud one of Crown Prince Mohammed bin Salman’s riskiest bets yet.Most Read from BloombergKim Jong Un Faces Annihilation in Most Korea War ScenariosApple Explores Home Robotics as Potential ‘Next Big Thing’ After Car FizzlesTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionTSMC Facilities to Resume Production Overnight After QuakeA Million Si
The first electric cars assembled in Saudi Arabia with Lucid Group Inc. twinkled under factory spotlights, designed to show the world how a kingdom built on oil could draw in foreign capital to become a global hub for the industries of the future.
Saudi Crown Prince MBS $100 Billion Foreign Investment Quest Falters bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Egypt looks poised to hold interest rates again Thursday as the latest Middle Eastern conflict on its borders gives the economically troubled country a further reason to tread carefully.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaReal Estate Industry Takes Fresh Hit With Verdict on CommissionsFed Signals Yield Rise Reduces Need to Hike, But Door Still OpenPowell Hints Fed Is Done With
War May Give Egypt Yet Another Reason to Hold Rates: Day Guide bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.