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Commentary plus back off the worst day and week of the week, the Company Reportedly looking to boost its efforts in a. I and elon musk and Mark Zuckerberg seemingly agreeing to that cage match, but some hurdles still ahead. Lets begin with the markets. The s p, nasdaq, as we said, coming off their worst week since march, jim that reversal friday didnt feel great. Oh, my. It took your breath away and i was watching them just saying, what happened . Is there some event . Did something happen that was exogenous . But then again, look, lets remember, bonds having a nice move today they were down 36. Now theyre only down 11 i thought that friday was one of those days where people just said, okay, weve had a great year now, lets just sit here and sit on our hands and that was what i was thinking to start my show tonight is to just sit on my hands, and i may do it. I just felt ....
RIYADH: Saudi Arabia has announced setting up its first electric vehicle manufacturing plant in the country as the government plans to ensure 30 percent of all vehicles in the capital city Riyadh run on electricity by 2030. This is yet another step toward promoting sustainable living in the Kingdom that has set out ambitious plans to diversify away from the oil economy under ....
Emaar, The Economic City, the master developer of King Abdullah Economic City (KAEC), has signed a contract with Lucid Company for the leasing of an industrial plot within KAEC Industrial Valley. Saudi wealth fund PIF is the largest investor in Lucid. ....
Wednesday, 27 January, 2021 - 08:45 The PIF Governor holds a press conference on Tuesday. (SPA) Asharq Al-Awsat The Governor of the Public Investment Fund (PIF), Yasir bin Othman Al-Rumayyan, stressed on Tuesday that the Fund was seeking to invest between SAR150 and 200 billion (USD66 billion) annually in new projects in Saudi Arabia. Al-Rumayyan held a press conference to highlight the size of the remarkable growth and development of the PIF, which has become a major engine in achieving the Kingdom s Vision 2030 and a catalyst for diversifying the local economy s resources away from oil, reported the Saudi Press Agency (SPA). He held the briefing days after the Board of Directors of the PIF approved, Under the chairmanship of Crown Prince Mohammed bin Salman bin Abdulaziz, Deputy Prime Minister and Chairman of the Council of Economic Affairs and Development, the Fund s five-year strategy. ....