Tag Archives: Saudi

Saudi Tourism Authority has partnered with Yandex Travel, a prominent Russian online travel agency and aggregator, to capture the outbound Russian tourist market, the company announced on March 6. This collaboration aims to position Saudi Arabia as a prime destination for leisure travel and target… Source link

Amazon, Microsoft are boosting Saudi offices amid state pressure SEBASTIEN BOZON / AFP) (Photo by SEBASTIEN BOZON/AFP via Getty Images Global technology giants including Amazon.com Inc., Alphabet Inc.’s Google and Microsoft Corp. are among firms working to ramp up their presence in Saudi Arabia amid pressure from the government, which has said it will stop giving contracts to companies without regional headquarters in the country. The three US firms… Source link

World Wrestling Entertainment (WWE) stock fell on Wednesday after briefly spiking amid a report that Saudi Arabia’s Public Investment Fund (PIF) fund was buying the company. A person familiar with the matter told Yahoo Finance it hasn’t sold itself to Saudi Arabia’s Public Investment Fund or another entity. Early reports on Wednesday, most prominently from DAZN’s Steven Muehlhausen, asserted that a deal to PIF was imminent. The original tweet was deleted. Matt Riddle enters the arena on a… Source link

‘The world should be worried’: Saudi Aramco — the world’s largest oil producer — just issued a dire warning over ‘extremely low’ capacity. Here are 3 stocks for protection The global oil market remains tight according to Saudi Aramco, the largest oil producer in the world. And that does not bode well for a world that still relies heavily on fossil fuels. “Today there is spare capacity that is extremely low,” Saudi Aramco CEO Amin Nasser says at a conference in London. “If China… Source link

LONDON: Microsoft President and Vice Chairman Brad Smith has hinted that the tech giant is adopting a different approach to tackling disinformation and fake news. While other companies focus their efforts on removing fake content, and telling users what is true and what is not, Microsoft wants to avoid any suggestion that it is trying to censor speech online. “I don’t think that people want governments to tell them what’s true or false. And I don’t think they’re really… Source link

RIYADH: Snapchat has launched a new augmented reality activation to celebrate Saudi Arabia’s 92nd National Day. Last year, the platform introduced a first-of-its-kind activation, which saw the Snap Map of Saudi Arabia appearing in bright green to represent the national flag and the Kingdom highlighted from other countries, marking the first time Snap recolored a Middle East territory on the map. Along with the color change, Snap also marked cultural and heritage sites — such as… Source link

LONDON: Microsoft President and Vice Chairman Brad Smith has hinted that the tech giant is adopting a different approach to tackling disinformation and fake news. While other companies focus their efforts on removing fake content, and telling users what is true and what is not, Microsoft wants to avoid any suggestion that it is trying to censor speech online. “I don’t think that people want governments to tell them what’s true or false. And I don’t think they’re really… Source link

RIYADH: Mental health is still often considered a taboo subject in the region and across the world, with explanations ranging from the superstitious to the criminal, but it is now being highlighted and normalized by Saudi filmmakers with their movies and television shows. In her most recent work, Saudi writer, director, and actress Sarah Taibah packs a collection of laughs, empathy, and thought-provoking elements into the TV series “Jameel Jeddan.” The show is a coming-of-age story… Source link

(Bloomberg) — Oil pared losses after Saudi Oil Minister Prince Abdulaziz bin Salman said the disconnect between the futures market and supply fundamentals may force OPEC and its allies to act. Most Read from Bloomberg West Texas Intermediate futures bounced to about $90 a barrel after earlier trading below $87 on Monday. The Saudi oil chief warned that “extreme” volatility and lack of liquidity in the futures market are moving prices in ways that don’t conform to fundamental… Source link

The PGA Tour fired back at a lawsuit filed by professional golfers who recently joined the rival LIV Golf tour, dubbing them “Saudi Golf League employees,” according to a memo obtained by Yahoo Finance. Phil Mickelson, Bryson DeChambeau, and nine other LIV golfers filed an antitrust complaint against the PGA Tour on Wednesday. Within hours, the PGA Tour responded in a scorching memo to members from Tour Commissioner Jay Monahan. “It’s an attempt to use the TOUR platform to promote… Source link