saudi arabia

Tesla Shares Dip After Saudi Arabia Invests USD 1 Billion in Lucid Motors

Tesla Shares Dip After Saudi Arabia Invests USD 1 Billion in Lucid Motors

Shares of Tesla Inc. (NASDAQ: TSLA) slid as much as 2% after Saudi Arabia's public investment firm announced a USD 1 Billion investment in rival Lucid Motors.The Kingdom's Public Investment Fund had previously been in talks with Tesla around..

AMC Entertainment Holdings Inc to Open First Cinema in Saudi Arabia

AMC Entertainment Holdings Inc to Open First Cinema in Saudi Arabia

Saudi Arabia’s Ministry of Culture and Information announced on Wednesday that it granted the first cinema operating license to AMC Entertainment Holdings Inc (NYSE: AMC). In a decision in December, the Ministry of Culture and Information anno..

Apple Rumored to be Talking with SAGIA to Open Stores in Saudi Arabia

Apple Rumored to be Talking with SAGIA to Open Stores in Saudi Arabia

Apple Inc. (NASDAQ: AAPL) stores could begin opening in Saudi Arabia as soon as 2019 as the country attempts to move towards a more futuristic look. Saudi Arabian officials are currently in licensing discussions with Apple and Amazon.com, Inc. (NAS..