The kingdom is amassing stakes in the entertainment sector and power brokers are calculating that they can weather any negative PR.
Saudi Arabia and its sovereign wealth fund have quietly — and in some cases not so quietly — built a multibillion-dollar foothold in Hollywood, four years after much of the industry cut ties with the country in response to the murder ofThis time
around, Saudi Arabia’s Public Investment Fund, overseen by Saudi Crown Prince Mohammed bin Salman, and other Saudi-affiliated firms appear to be betting that live entertainment, rich financial investments and sports can be the gateway to the American market.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China's open borders and push to stoke economy may revive dealmaking, advisers sayChina's reopened borders and renewed focus on boosting the sagging economy have brightened the deals outlook, with bankers starting to field interest for mergers, acquisitions and fundraising involving the world's second-largest economy.
Read more »
Sundance vignettes: Dealmaking, a closed-captioning snafu, and Oscar nominationsAs the 2023 SundanceFest comes to a close, there were a few stories around Park City worthy of a quick mention — from what movies were bought to what parties were happening. Sundance2023 SundanceFilmFestival
Read more »
'The Woman King' and 'Till' Oscars snubs show Hollywood is failing Black womenInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Kingwood Women’s Club ready to celebrate Mardi Gras in Hollywood styleOrganizers for the Kingwood Women's Club Mardi Gras Ball hope the event continues to...
Read more »
3 injured, 1 critically, in Hollywood house fireA 20-year-old man is in critical condition and two women, ages 35 and 70, were hospitalized after suffering injuries from a fire in Hollywood.
Read more »
Cindy Crawford's Daughter Kaia Gerber 'Won't Deny' Her Privilege In HollywoodThe actor and model weighed in on the 'nepo baby' discourse, noting there was a marked difference between the acting and modeling industries.
Read more »