LONDON (Reuters) - Saudi Arabia has completed six public-private partnership deals in the past two months worth around $3.5 billion, and plans at least 23 more by 2022 despite some delays in its plan to engage the private sector, the head of its privatization body said. FILE PHOTO - Cars drive past the King Abdullah Financial District in Riyadh, Saudi Arabia, November 12, 2017. Picture taken November 12, 2017. REUTERS/Faisal Al Nasser The government’s aim to attract investment into everything from education to sports, a cornerstone of its effort to trim dependence on oil revenues, has been mired by some holdups and fallout from the murder of journalist Jamal Khashoggi. “It’s better for the process to take a little bit longer to ensure it is done properly,” said Turki al-Hokail, CEO of the National Centre for Privatisation and Public-Private Partnership (NCP), which is overseeing the process, told Reuters after a visit to London to meet prospective … [Read more...] about Saudi seals six private sector deals worth $3.5 billion, plans many…
Fallout 3 money making
By Johan Ahlander and Esha Vaish STOCKHOLM (Reuters) - Swedbank is facing pressure from some of its biggest shareholders to reveal more about what it knew about allegations of money-laundering linked to Danske Bank. Six of Swedbank's top 20 investors, collectively holding around 14.5 percent of its shares, told Reuters they were seeking more information from the Swedish lender, after a media report last month linked it to the scandal involving Danske. The Swedish TV programme, aired on Feb. 20, alleged that at least 40 billion Swedish crowns (3.25 billion pounds) had moved between Swedbank and Danske accounts between 2007 and 2015. The report prompted an investigation by financial watchdogs in Sweden and Estonia. Swedbank's chief executive Birgitte Bonnesen said at the time that she could not comment on specific transactions due to Swedish banking secrecy laws. The bank is due to complete an external report, commissioned by Bonnesen after investor pressure, before its annual general … [Read more...] about Swedbank under shareholder scrutiny over money-laundering report
With most of the NBA world focused on the trade deadline and demands being made by Anthony Davis, the fate of another Kentucky product has everyone feeling a bit down on Tuesday. After tearing his Achilles tendon from a fall he took in his home, Wizards guard John Wall will be out for approximately 12 months, devastating news for the team a few hours down the road.The Wizards were already in a perilous position before Wall suffered this latest injury, with his supermax extension starting next season. Wall will be on one of the richest contracts in the league over the next four seasons, making $170 million over four seasons, assuming he exercises his player option for the 2022-23 season.Washington, in many respects, is stuck. Between Wall and Otto Porter, the Wizards have a pair of unsavory contracts and limited flexibility with which to build out their roster. Their best player, Bradley Beal, is on the best deal of the trio, but has long been proclaimed as off-limits in trade … [Read more...] about NBA Trade Rumors: What will fallout of John Wall injury be for Sixers?
If you're shrewd, you can turn one thousand bucks into even more money. Here's how. R.L. Adams Published 3:27 pm CST, Monday, February 4, 2019 Photo: Kristin Duvall | Getty Images Photo: Kristin Duvall | Getty Images Image 1 of / 1 Caption Close Image 1 of 1 Photo: Kristin Duvall | Getty Images 7 Quick Ways to Make Money Investing $1,000 1 / 1 Back to Gallery If you're sitting on at least $1,000 and it's scratching an itch in your pocket, consider investing it rather than spending it on something frivolous. But the question that then beckons us is: Can you really make money quickly investing with just $1,000? The answer to that is a resounding, "Yes." While there are plenty of … [Read more...] about 7 Quick Ways to Make Money Investing $1,000
A handful of Senate Republicans are expressing frustration with their party’s handling of the ongoing government shutdown. But Mitch McConnell is a long way from facing any sort of rebellion. The Senate majority leader is standing firm in his resolve to not move a muscle on any government funding bill that would not have the president’s approval. That’s earned him scorn among Democrats given that he endorsed a funding bill that didn’t include the president’s much-sought additional border wall funding of more than $5 billion in December. Story Continued Below But aside from some rank-and-file Republicans like Susan Collins of Maine, Lisa Murkowski of Alaska and Cory Gardner of Colorado who say Congress should again pass spending bills that don’t provide additional wall funding, McConnell’s allies say he’s facing little pressure to change his stance as the longest shutdown in history continues. “They’re going to do what they … [Read more...] about McConnell tightens grip with Senate GOP amid shutdown fallout