Musk and Trump Form Strategic Alliance, Attracting Saudi and Abu Dhabi Wealth Funds for U.S. Investments
29 days ago
In an unexpected turn of events, billionaire entrepreneurs Elon Musk and former President Donald Trump have joined forces, leading to intensified interest from Saudi and Abu Dhabi wealth funds eager to invest in opportunities across the United States. This alliance is poised to reshape business dynamics, leveraging their vast networks and influence.
Continue readingSaudi Fund Reduces Nintendo Stake While Eyeing Expansion Plans
3 months ago
In a significant reshuffle of its investment portfolio, the Saudi Public Investment Fund (PIF) has decided to trim its stake in Nintendo, the renowned Japanese video game company. This move has sparked interest among investors and analysts alike, as the PIF earlier signaled its intent to diversify its investments and seek further opportunities in the gaming industry.
Continue reading