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Trump to ask Saudi Arabia to boost investment pledge in U.S. to $1 trillion

US President Donald Trump (L) speaks with Saudi Arabia’s Crown Prince Mohammed bin Salman (C) as Japanese Prime Minister Shinzo Abe (R), Indian Prime Minister Narendra Modi (2nd R) and Britain’s Prime Minister Theresa May smile during a family photo session at the G20 Summit in Osaka on June 28, 2019. (Photo by KIM KYUNG-HOON … Read more

Haney & Garcia To Rematch In October, Trilogy In 2026, Both In Saudi Arabia

Ryan Garcia and Devin Haney will meet for a rematch this October, and a trilogy will be in February 2026. Both fights will be in Saudi Arabia. There’s no word yet whether the trilogy requires Haney to win the October rematch, but that would seem like a logical conclusion. With Turki Al-Sheikh financing the events, … Read more

Oil no longer energy security challenge: Saudi minister says

Aerial view of brine ponds and processing areas of the lithium mine of the Chilean company SQM (Sociedad Quimica Minera) in the Atacama Desert, Calama, Chile, on Sept. 12, 2022. Martin Bernetti | Afp | Getty Images RIYADH, Saudi Arabia – The energy minister of Saudi Arabia – the Gulf kingdom whose wealth and power … Read more

Saudi Arabia reveals $100 billion mining investment

Saudi Energy Minister Abdulaziz bin Salman speaks during the annual Future Investment Initiative (FII) conference in Riyadh on October 29, 2024. Fayez Nureldine | Afp | Getty Images RIYADH, Saudi Arabia — Saudi Arabia is pushing ahead to put itself on the global critical minerals map, announcing a number of deals, investment plans and discoveries … Read more

Abu Dhabi’s Mubadala overtakes Saudi Arabia’s PIF as world’s top wealth fund spender By Reuters

By Hadeel Al Sayegh DUBAI (Reuters) – Abu Dhabi’s Mubadala Investment Company accounted for about 20% of the almost $136.1 billion spent by sovereign wealth funds worldwide last year, overtaking Saudi Arabia’s wealth fund amid a surge in spending from Gulf countries. Mubadala and its subsidiaries deployed $29.2 billion in 2024, up from $17.5 billion … Read more

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