Tesla Marks the Latest High-Profile Bet for Saudi Wealth Fund
August 21, 2018

Saudi Arabia’s purchase of a stake of about $2 billion in Tesla Inc. is only the latest high-profile investment by its sovereign wealth fund since 2016.

The Public Investment Fund built up a less-than 5 percent stake in the electric Continue reading

China Now Has the Most Valuable AI Startup in the World
April 22, 2018
  • It becomes the world’s richest-valued private AI startup
  • The company drives China’s ambition to dominate global AI

SenseTime Group Ltd. has raised $600 million from Alibaba Group Holding Ltd. and other investors at a valuation of more than $3 billion, Continue reading

Egyptian Billionaire Eyes Further Pakistan Real Estate Projects
March 13, 2018

Egyptian billionaire Naguib Sawiris’s Ora Developers will next month start building a luxurious $2 billion housing estate on the outskirts of Islamabad and is eyeing further projects as it taps demand from overseas Pakistanis.

The ‘Eighteen Islamabad’ development will feature Continue reading

Roads to nowhere: how infrastructure built on American inequality
February 25, 2018

From highways carved through thriving ghettoes to walls segregating black and white neighbourhoods, US city development has a long and divisive history

Its a little after 3pm in Detroits 8 Mile neighbourhood, and the cicadas are buzzing loudly in Continue reading