Saudi Arabia's stock markets ended higher on Sunday after Friday's rise in oil prices, although the Qatari index extended losses for a second session.
in a fourth straight week of gains after the West's energy watchdog said global demand will hit a record high this year on the back of a recovery in Chinese consumption.
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Senior U.S. officials meet with MBS in Saudi Arabia in sign of improving relationsSenior U.S. officials traveled to Saudi Arabia this week for talks with senior Saudi officials, including Crown Prince Mohammed bin Salman. They discussed ways to serve the interests of the two countries and efforts to end the war in Yemen.
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Saudi Arabia Transfers Aramco Shares Worth Nearly $78 Billion to Wealth FundSaudi Arabia put a second 4% stake of state oil giant Aramco under the control of the country’s sovereign-wealth fund, as the kingdom leverages a year of high oil prices toward diversifying its economy
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Saudi prince gives 4% Aramco stake to public investment firmSaudi Arabia’s crown prince has announced the transfer of a 4% stake of the oil giant Saudi Aramco to a subsidiary of the kingdom’s sovereign wealth fund. The move Sunday further boosts its coffers as the kingdom tries to expand its economy beyond oil. Crown Prince Mohammed bin Salman’s decision, announced by the state-run Saudi Press Agency, sends the stake to the Saudi Arabian Investment Co., known as Sanabil Investments. Sanabil is under the sovereign wealth fund known as the Public Investment Fund.
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Saudi Aramco 4% stake transferred to PIF's SanabilA 4% stake in oil major Saudi Aramco has been transferred from state ownership to Sanabil Investments, which is wholly owned by the Saudi Arabia's sovereign wealth fund, Crown Prince Mohammed Bin Salman said on Sunday.
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The Bump Supports Families with Super Sunday GiveawayIn partnership with 4Kira4Moms and theproudlyco, territoryfoods and BeRootedCo, The Bump provided over $25,000 in giveaways to support Crescent City Family Services. Watch along then learn more here
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Alta Drive improvement project starts 60-day detour on SundayDrivers using Alta Drive will encounter a 60-day detour between Faye Road and Port of Jacksonville Parkway beginning Sunday as construction on the JTAMobilityWorks roadway project continues.
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