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Saudi Aramco Goes Blockchain by Investing $5 Million in Vakt
Coinspeaker Saudi Aramco Goes Blockchain by Investing $5 Million in VaktIn recent news, Saudi Arabia's oil giant Saudi Aramco Energy Ventures (SAEV) made a $5 million investment into a blockchain-based oil trading company Vakt. дальше »
2020-1-29 15:41 | |
World’s Largest Oil Firm Saudi Aramco, Drops $5M Into Vakt’s Blockchain Trading Platform
A leading oil corporation from Saudi recently invested $5 million towards a blockchain based startup dubbed ‘Vakt’. Saudi Aramco Energy Ventures (SAEV), initiated the transaction through its investment wing and has since joined 11 other investors who were initially part of the project. дальше »
2020-1-29 21:04 | |
Saudi Aramco Raises Its IPO to Record $29.4B by Selling 450M Additional Shares
Coinspeaker Saudi Aramco Raises Its IPO to Record $29. 4B by Selling 450M Additional SharesSaudi Aramco has managed to sell 450 million additional shares through an over-allotment option, which is also known as a "greenshoe option". дальше »
2020-1-13 15:07 | |
Uber Founder Cut $400 Million Deal With Saudi Arabia 3 Months After Khashoggi Chopping
Uber co-founder’s newest startup received $400 million from Saudia Arabia’s PIF 11 months ago. PIF’s investment in Uber is over $1 billion in the red since the IPO. The report comes just over a year since the brutal murder of Jamal Khashoggi. дальше »
2019-11-8 21:06 | |
Is Ether (ETH) becoming a Digital Silver?
After drone attacks on Saudi oil facilities, oil rised 12% – for the first time in last 30 years. The Corn stayed flat. But Ethereum took off. Saudi company Aramco said it lost 5.7 million barrels of production per day as a result of the attack. This is about 50% of the total oil production […] дальше »
2019-9-16 17:48 | |
Panicking China’s Abrupt Oil Squeeze May Hasten Trump Trade Deal
This week, a major oil processing plant in Saudi Arabia was destroyed by a barrage of drone attacks, removing 2 million barrels from global surplus. The surge in the price of oil could place more pressure on the economy of China, which could have an impact on the ongoing trade deal talks. дальше »
2019-9-17 12:36 | |
If You Stupidly Invested $1,000 in the Uber IPO, Here’s How Much You Threw Away
By CCN: The Uber stock price continues to freefall today following a historically terrible initial public offering (IPO). Last Friday, Uber held its first day as a publicly traded company with a starting price of $42 – already three dollars below its IPO price. дальше »
2019-5-14 22:41 | |
Uber IPO Smacks Saudi Wealth Fund with $200 Million Loss
By CCN: The Saudi Arabian Public Investment Fund (PIF) was one of the first believers in Uber, ponying up billions of dollars to invest in it back in 2018. Now that the ride-sharing company has finally gone public, the fund stands to be one of the biggest losers. дальше »
2019-5-12 14:24 | |
Data Gumbo raises $6 million to develop industrial smart contracts blockchain
CryptoNinjas Data Gumbo, a Houston-based technology company that has developed a Blockchain-as-a-Service (BaaS) platform to streamline smart contracts management for industrial customers, announced today completing a $6 million Series A equity funding round. дальше »
2019-5-8 19:45 | |
Uber acquires Careem for $3.1 billion to dominate ride-hailing in the Middle East
Uber has acquired Careem, a major player in the ride-hailing space across the Middle East, for $3. 1 billion in cash and convertible notes. The latter will continue to operate as an independent company. дальше »
2019-3-26 10:34 | |
Howdy Arabia! U.S. to Overtake Saudi Arabia as World’s Biggest Oil Exporter by 2025
For much of the past 75 years or thereabouts, the status of Saudi Arabia as the world’s undisputed energy hegemon has been taken for granted, with the kingdom exporting roughly 7 million barrels of oil per day, making it by far the world’s largest oil producer and one of the wealthiest countries on the planet. дальше »
2019-3-12 16:04 | |
Bahrain Are Setting Up For A Crypto Adoption Overhaul
The Kingdom of Bahrain is an island nation of the Middle East. Home to around 1. 23 million people and a very forward thinking population. Interestingly, Bahrain has a very powerful political position as a result of its location, therefore, cryptocurrency adoption in Bahrain could turn out to have a very significant impact. дальше »
2018-10-14 23:00 | |
NCB Joins RippleNet
Thursday 13th September 2018 was when Ripple announced on their website that NCB (National Commercial Bank) of the Kingdom Saudi Arabia (KSA) has become the latest enterprise customer and joined up with RippleNet and Ripple’s fast growing network of payment providers, virtual asset exchanges, banks etc. дальше »
2018-9-14 16:30 | |
National Commercial Bank of Saudi Arabia Joins RippleNet
For the last ten years the Kingdom of Saudi Arabia has been one of the largest sources of remittances in the world. According to the World Bank, 308 million dollars were sent into the KSA, and 37 billion dollars in remittances were sent from the country in 2016. дальше »
2018-9-15 07:28 | |