Fahad Abuljadayel, Bloomberg News Journalist Profile

Articles

Luxury Confectioner Looks to Take Saudi Brand Global

1 week ago | bloomberg.com | Fahad Abuljadayel

A box of Bateel’s gourmet dates. (Bloomberg) -- Hanging precariously from the tops of towering date palms, farm workers painstakingly pollinate the trees by hand. With around 100,000 palms to fertilize in just days, the pressure is especially intense this spring. Located 250 kilometers (155 miles) northwest of Riyadh, the farm, owned by a company with links to the Saudi royal family, is plotting a massive global expansion under new Chief Executive Officer Nurtac Afridi.
Luxury Chocolatier Looks to Take LVMH-Backed Saudi Brand Global

1 week ago | news.bloomberglaw.com | Fahad Abuljadayel

Hanging precariously from the tops of towering date palms, farm workers painstakingly pollinate the trees by hand. With around 100,000 palms to fertilize in just days, the pressure is especially intense this spring. Located 250 kilometers (155 miles) northwest of Riyadh, the farm, owned by a company with links to the Saudi royal family, is plotting a massive global expansion under new Chief Executive Officer Nurtac Afridi.
Luxury Confectioner Looks to Take LVMH-Backed Saudi Brand Global

1 week ago | news.bloombergtax.com | Fahad Abuljadayel

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Saudi Wealth Fund’s Alat Unit Buys 15% Stake in TK Elevator (1)

1 month ago | news.bloomberglaw.com | Fahad Abuljadayel |Eyk Henning |Swetha Gopinath

Alat, a unit of Saudi Arabia’s sovereign wealth fund, has bought 15% of TK Elevator and unveiled a joint venture that will make escalators and moving walkways, as the kingdom looks to boost domestic manufacturing. Financial details and the names of the selling shareholders were not disclosed.
Saudi Wealth Fund’s Alat Unit Buys 15% Stake in TK Elevator

1 month ago | bloomberg.com | 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...
Saudi Wealth Fund’s Alat Unit Buys 15% Stake in TK Elevator

1 month ago | news.bloomberglaw.com | Fahad Abuljadayel

Alat, a unit of Saudi Arabia’s sovereign wealth fund, has bought 15% of TK Elevator and unveiled a joint venture that will make escalators and moving walkways, as the kingdom looks to boost domestic manufacturing. Financial details and the names of the selling shareholders were not disclosed.
Saudi Wealth Fund’s Alat Unit Buys 15% Stake in TK Elevator

1 month ago | ca.finance.yahoo.com | Fahad Abuljadayel

(Bloomberg) -- Alat, a unit of Saudi Arabia’s sovereign wealth fund, has bought 15% of TK Elevator and unveiled a joint venture that will make escalators and moving walkways, as the kingdom looks to boost domestic manufacturing. • None NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthFinancial details and the names of the selling shareholders were not disclosed.
Saudi Arabia Unveils Currency Symbol to Promote Financial Status

2 months ago | news.bloomberglaw.com | Fahad Abuljadayel

Saudi Arabia has introduced a new symbol for its local currency as part of efforts to establish the kingdom as a global financial hub. The design, made up of Arabic calligraphy of the word riyal, will be implemented gradually for use in financial and commercial transactions, according to a statement from the country’s central bank. Saudi Arabia’s first-ever currency symbol for the riyal.
Saudi Car Rental Firms Weigh IPOs Amid Kingdom’s Tourism Push

2 months ago | news.bloomberglaw.com | Laura Cuesta |Fahad Abuljadayel

Two Saudi Arabia-based car rental firms are consideringnew share sales in Riyadh, seeking to capitalize on the kingdom’s drive to attract more tourists. Cherry Rent-A-Car is working with EFG Hermes and BSF Capital on a potential initial public offering,according to people familiar with matter, who declined to be named as the information is confidential. Key Car Rental Co. is also working on a possible listing, some of the people said.
Saudi Arabia Unveils Currency Symbol to Promote Financial Status

2 months ago | bloomberg.com | 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...