Six Flags aims to open first Saudi park by 2021
US-based Six Flags Entertainment Corp is expanding into Saudi Arabia and will open approximately three parks by 2020 or 2021, each at a cost between $300 million and $500m to build.
(Read more about Six Flags’ plans here)
Saudi, Russia energy ministers may meet in Doha ahead of OPEC
Saudi Arabia’s and Russia’s energy ministers may meet in Qatar this week on the sidelines of an energy forum held in the capital, Doha, as OPEC and non-OPEC members try to curb oil output.
(For more on this story)
Snapchat has filed for IPO: Sources
Messaging app Snapchat has confidentially filed with the Securities and Exchange Commission (SEC) for an initial public offering (IPO), sources familiar with the matter told Reuters on Tuesday.
BMW to use Emirati aluminum to produce high-performance engines
Upcoming BMW models may have an Emirati element as the Emirates Global Aluminum (EGA) is set to supply aluminum to the German automaker for use in the manufacture of top engines.
WhatsApp adds secure video calling feature
Popular messaging application WhatsApp is adding fully encrypted video calling within the app, a move aimed to further reassure users and privacy advocates.
WhatsApp introduced end-to-end encryption earlier this year to its regular chatting service.
Google commits to post-Brexit UK, expands London operations
Google announced plans to add a new building to its London complex that will house thousands of extra engineers, in a move seen as a commitment to post-Brexit London.
US House of Representatives authorises sanctions on Iran and Syria
The House of Representatives voted 419 to one for a ten-year reauthorisation of the Iran Sanctions Act, or ISA, a law first adopted in 1996 to punish investments in Iran’s energy industry and deter Iran’s pursuit of nuclear weapons.
Lawmakers also passed by voice vote a bill that would sanction the government of Syria and its supporters, including Russia and Iran, for war crimes and crimes against humanity.