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06.10.25 - 08:36
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Bell: Saudi Arabia Transparent About Borrowing Plans (Bloomberg)
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Saudi Arabia isn't letting USD65 Billion hole in its budget stop the Kingdom from playing a leading role in the largest-ever leveraged buyout to take Electronic Arts private. The shortfall is now estimated at 5.3% of GDP, more than double the previous forecast. Edward Bell, Acting Group Head of Research & Chief Economist at Emirates NBD spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on Saudi Arabia's investment strategy. (Source: Bloomberg)...
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16.07.25 - 23:30
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Musk′s xAI in Talks to Lease Saudi Data Center Capacity | Bloomberg Tech 7/16/2025 (Bloomberg)
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Bloomberg's Ed Ludlow discusses the rise in Nvidia shares as CEO Jensen Huang says he expects to get the first batch of US licenses to export H20 AI chips to China soon. Plus, Elon Musk's xAI is in talks to lease data center capacity in Saudi Arabia. And markets react to reports that President Donald Trump has held talks about firing Federal Reserve Chair Powell. (Source: Bloomberg)...
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