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2 weeks ago | 
bloomberg.com | Omar Tamo |Christine Burke
Main equity benchmarks in Middle East countries including Saudi Arabia sank the most since 2020 on Sunday as investors reacted to the dual threats of a global trade war and depressed oil prices. Stocks on the kingdom’s main exchange fell as much as 6.1%, while gauges in Qatar and Kuwait dropped more than 5.5%. Saudi Aramco — the world’s biggest oil exporter — was a leading laggard, erasing more than $90 billion from its market capitalization after oil plunged.
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1 month ago | 
bloomberg.com | Omar El Chmouri |Alex Dooler |Dinesh Nair |Christine Burke
For years, Saudi Arabia has leaned on advisory firms to drive an expensive overhaul of its economy. But the kingdom’s once insatiable appetite for foreign consultants is dimming, adding pressure on an industry already buffeted by pressures worldwide. While the country remains one of the biggest markets for consultants in the world, the pace of contract awards has started to slow, according to people familiar with the matter.
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1 month ago | 
bloomberg.com | Henry Meyer |Christine Burke
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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1 month ago | 
bloomberg.com | Kateryna Kadabashy |Christine Burke
A gigante brasileira de carnes JBS e a empresa saudita Almarai estão entre as empresas que disputam a compra da Alwatania, a maior produtora de aves do Oriente Médio, de acordo com pessoas familiarizadas com o assunto. As duas empresas apresentaram ofertas separadas não-vinculantes para uma compra direta da Alwatania, disseram as fontes, que pediram anonimato por discutirem informações particulares.
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1 month ago | 
news.bloomberglaw.com | Kateryna Kadabashy |Christine Burke
Tanmiah and MHP-led consortium have also made separate bidsSaudi-based Alwatania has been exploring sale since last yearBrazilian meat giant JBS SA and Saudi company Almarai Co.are among companies vying to buy out Alwatania, the Middle East’s largest poultry producer, according to people familiar with the matter. The two firms have submitted separate non-binding offers for an outright purchase of Alwatania, said the people, who asked not to be identified discussing private information.
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1 month ago | 
bloomberg.com | Alex Dooler |Christine Burke
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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2 months ago | 
bloomberg.com | Christine Burke |Fahad Abuljadayel
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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2 months ago | 
bloomberg.com | Christine Burke |Joumanna Bercetche
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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Jan 22, 2025 | 
bloomberg.com | Christine Burke |Anthony Di Paola
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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Dec 11, 2024 | 
bloomberg.com | Christine Burke |Hugo Miller
Saudi Arabia was confirmed as host of the 2034 World Cup, marking the return of the world’s biggest sporting spectacle to the Gulf region for the second time in barely a decade and in a choice that’s already dogged by controversy. For Crown Prince Mohammed bin Salman, it may be the biggest victory yet in his push to use sport as a way to lure tourists, build influence and improve the country’s image.
