Reuters Saudi Binladin Group (SBG) has requested a second extension on an 817 million riyal ($217.9 million) Islamic loan being used to fund construction at the kingdom’s Grand Mosque, sources aware of the matter said. The talks to delay the loan repayment, originally due to mature on July 15, came after the Saudi government failed to fully reimburse the ...

Bloomberg OurCrowd Ltd., a website that connects investors to a pool of mostly Israeli and U.S. startups, said it raised $72 million to expand its operations and invest in other businesses. Jon Medved, the chief executive officer and co-founder of OurCrowd, said the new funds will be split evenly between the venture arm and the company itself, which plans to ...

  Bloomberg OPEC probably won’t clinch a deal to limit oil production in Algiers next week as members stay focused on either boosting output or defending their market share, according to a Bloomberg survey. The Organization of Petroleum Exporting Countries, which will hold informal talks with Russia on Sept. 28, faces the same internal rivalries that thwarted a previous agreement ...