The oil company’s investment in Sabic will infuse money into a Saudi sovereign wealth fund after a planned initial public offering of Aramco faltered. Source: NYT > Business – STANLEY REED and MICHAEL J. de la MERCED
Endeavor Returns Money to Saudi Arabia, Protesting Khashoggi Murder
The talent agency sent $400 million back to Saudi Arabia’s sovereign wealth fund, a rare example of a business severing ties with the kingdom. Source: NYT > Business – KATE KELLY and BEN HUBBARD