The world's largest oil company said attacks on key infrastructure in July had no material impact on its operations or financial results

The deal saddles the sovereign wealth fund with some $20 billion in debt, adding to concerns over more consolidation, cost-cutting and layoffs

The consortium was formed by Marc W. Gunderson’s Fort Worth-based MWG Enterprises, along with a unit of Saudi Arabia’s AHQ Group and the Patel Family Office

Lucid's shares surged 22% to their highest level since April following regulatory disclosure of Alwaleed’s direct purchase of 19.5 million shares, equivalent to a 5% stake in the company

The Brookfield Middle East Partners fund’s first close will help it capitalize on growing opportunities in the region, as sovereign wealth funds continue to aggressively chase deals despite the ongoing Iran conflict