Saudi Arabia Seen as Preferred Bidder for New Tennis Tournament

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An entity set up by Saudi Arabia’s Public Investment Fund has emerged as the preferred bidder to host a new professional men’s tennis tournament, according to a person with knowledge of the matter.

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Saudi Arabia Taps Debt Markets With Three-Part Dollar Sukuk SaleSaudi Arabia is looking to raise money through the sale of dollar-denominated sukuk as it seeks to plug a hole in its finances and fund spending on Crown Prince Mohammed bin Salman’s economic diversification drive.
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