accor hotel: After glad-handing bank chiefs in the City, any investment plans they discussed could have been further developed using cloud office app Slack, according to The Guardian. On the US leg of the journey, perhaps slumming it in an Accor hotel, MBS and his entourage might have dialled up a plate of the Saudi national rice dish, kabsa, from delivery service Door Dash. Landing in London, MBS might have dispensed with his chauffeur-driven car, travelling into the capital by Uber, while his aides finalised his itinerary on smartphones powered with chips designed by Cambridge-based ARM Holdings. Later, they could have relaxed by playing computer games partly designed by simulation technology firm Improbable. Under the stewardship of the young prince he is just 33 the PIF has adopted a more aggressive investment approach, seeking out eye-catching, forward-looking deals, particularly technology startups. Every one of these companies is part of the portfolio of Riyadh's Public Investment Fund PIF which manages the country's oil wealth.
(news.financializer.com). As
reported in the news.
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