The David Rubenstein Show: Saudi Wealth Fund Head Yasir Al-Rumayyan

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David Rubenstein

David Rubenstein

Күн бұрын

Пікірлер: 652
@harrisonjamie794
@harrisonjamie794 Жыл бұрын
I admire the financial independence of people, But you can live better if you work a little more. After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early. To each their own but to me, retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc. I don't think I could retire with less than $3m in income-generating investments, maybe $2m at the very minimum. I plan to work until I'm at least 45
@MarcusFred-wn3iv
@MarcusFred-wn3iv Жыл бұрын
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving
@harrisonjamie794
@harrisonjamie794 Жыл бұрын
@@MarcusFred-wn3iv Having an investment adviser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this dip, that made it clear there's more to the market that we avg joes don't know
@MarcusFred-wn3iv
@MarcusFred-wn3iv Жыл бұрын
@@harrisonjamie794 Who’s the person guiding you
@harrisonjamie794
@harrisonjamie794 Жыл бұрын
@@MarcusFred-wn3iv credits to KRISTIN GAIL CUNNINGHAM, one of the best portfolio managers out there. she's well known, you should look her up
@MarcusFred-wn3iv
@MarcusFred-wn3iv Жыл бұрын
@@harrisonjamie794 sincerely thank you I looked her up on the internet and was awestruck by how qualified she was; I contacted her since I need all the help I can get with canning. I've just scheduled a call.
@coeurblanc4999
@coeurblanc4999 4 жыл бұрын
just a Newcastle fan passing by... oh hey Daddy!
@conleytoby1547
@conleytoby1547 4 жыл бұрын
I came for the same reason, to see the new Newcastle chairman and I knew I would see Geordies on here.
@Tangoury
@Tangoury 4 жыл бұрын
me too Im saudi and came to see the new chairman and become a fan of Newcastle
@blblist
@blblist 4 жыл бұрын
I am here to let you know the deal is canceled :)
@majidalihamid
@majidalihamid 4 жыл бұрын
This comment didnt age well! 😂😂
@fudgerace4356
@fudgerace4356 4 жыл бұрын
Its cancelled, if not EPL would have Big7...
@pareshlodha8847
@pareshlodha8847 4 жыл бұрын
I just started watching David's interviews very recently...they are all top-notch! I just can't believe I didn't watch them earlier.
@Kiran.Nair.
@Kiran.Nair. 2 жыл бұрын
It's a big honour to work with Saudi Aramco .
@yves7778
@yves7778 4 жыл бұрын
I believe the Saudi's are making smart decisions. Not fully relying on the oil & gas industry but venturing into different industries. If the government is able to develop talent by good schooling and attract talent by good living conditions. It will be a great succes story for the upcoming generations.
@sariharis
@sariharis 4 жыл бұрын
totally agree they are working hard towards that goal
@al3ndlib
@al3ndlib 3 жыл бұрын
Saudi Arabia has spent on my education and living expenses about $500,000 when I was studying in the US, and it’s been doing the same for hundred of thousands of students yearly for the past 40 years. Saudi Arabia not only offer free college education inside and outside the country, they actually pay you to go to college! All of this done before even taxes were introduced back in 2018! Saudi Arabia although it’s been demonized everyday in the west, It’s the most educated and advance in the Middle East, as it’s with its Arab Gulf neighbors are ranked top 5 safest countries in the world. it’s also one of the most tech savvy nations where every service the government provides has its own app. Saudi tech Entrepreneurs are funded by the government with interest free loans which created a tech startup environment that is similar to the one in US back in the 90s.
@faalaja126
@faalaja126 3 жыл бұрын
@@al3ndlib medical student ?
@al3ndlib
@al3ndlib 3 жыл бұрын
@@faalaja126 no Art actually 😂😂
@i3zazy152
@i3zazy152 3 жыл бұрын
@@al3ndlib اسمه العندليب ..اكيد تخصصه بالفن
@rayans9348
@rayans9348 4 жыл бұрын
That's a nice suit governor!
@geordieian3266
@geordieian3266 2 жыл бұрын
HOWAY THE LADS!!!!!!!! 🇸🇦
@ibra-jn5xy
@ibra-jn5xy 4 жыл бұрын
Yasser is a wonderful speaker, an intelligent person, and has a strong charisma ... We Saudis are very proud of him
@jolly-rancher
@jolly-rancher Жыл бұрын
2 riyals were deposited into your account
@AlamoudKhaled
@AlamoudKhaled Жыл бұрын
@@jolly-rancher bruh
@owenswabi
@owenswabi Жыл бұрын
@@jolly-rancher 6000 Neom game tokens have been deposited
@isisjsbsdi5939
@isisjsbsdi5939 7 ай бұрын
@@jolly-rancher😂😂
@keymot1491
@keymot1491 22 күн бұрын
@@jolly-rancher man he's not a royal
@nobleclinton8305
@nobleclinton8305 Жыл бұрын
My gratitude and praise to this team of gurus por bringing my life back on track when I thought everything was gone! but with the help guidelines I was able to realized that the secret to making a million is saving for a better investment
@doriradden483
@doriradden483 Жыл бұрын
That's awesome!!! I know nothing about investment and I'm keen on getting started. What are your strategies?
@nobleclinton8305
@nobleclinton8305 Жыл бұрын
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@nobleclinton8305
@nobleclinton8305 Жыл бұрын
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@rushenstarnglen4100
@rushenstarnglen4100 Жыл бұрын
Patricia strain has aided so many newbies. I made over $54k with some amazing gains in the market, her pattern are very lucrative
@jamesshaver2247
@jamesshaver2247 Жыл бұрын
Am still shocked and surprised how made 3 fold gain copying Patricia's trade for just 3days
@al3ndlib
@al3ndlib 3 жыл бұрын
Saudi Arabia has spent on my education and living expenses about $500,000 when I was studying in the US, and it’s been doing the same for hundred of thousands of students yearly for the past 40 years. Saudi Arabia not only offer free college education inside and outside the country, they actually pay you to go to college! All of this done before even taxes were introduced back in 2018! Saudi Arabia although it’s been demonized everyday in the west, It’s the most educated and advance in the Middle East, as it’s with its Arab Gulf neighbors are ranked top 5 safest countries in the world. it’s also one of the most tech savvy nations where every service the government provides has its own app. Saudi tech Entrepreneurs are funded by the government with interest free loans which created a tech startup environment that is similar to the one in US back in the 90s.
@house684
@house684 2 жыл бұрын
They attack you exactly because you have so much potential (like they attack China and Russia). If you were starving of hunger, nobody in the West would criticize you. I hope Saudi starts making friends with countries like Turkey and Iran.
@HussainBafail
@HussainBafail Жыл бұрын
الحمدلله
@abdullahs.3675
@abdullahs.3675 4 жыл бұрын
Great interview . He has an admirably astute character, and possesses an elegant smart direct answers. 🇸🇦
@12Hydrocarbon
@12Hydrocarbon 2 жыл бұрын
People like this man will transform Saudi Arabia’s economy. Good choice MBS by selecting him.
@blessed7fold
@blessed7fold Жыл бұрын
A stark difference from the embarrassing and stupid representation that we get of our country on a daily basis from the unelected president.
@NS-zs8gp
@NS-zs8gp 4 жыл бұрын
Welcome to Newcastle!
@karenforsterx
@karenforsterx 4 жыл бұрын
Love the diversity in the guests.
@kofig3724
@kofig3724 3 жыл бұрын
Lol, that is a power punch there. It is like you didn't say. that silence is so loud
@jonathonblacker299
@jonathonblacker299 Жыл бұрын
So happy and proud this Gentleman is now the Chairman of Newcastle United
@CushdelaCush
@CushdelaCush 4 жыл бұрын
The guy just oozes class!
@raymondifeanyichukwuokafor5427
@raymondifeanyichukwuokafor5427 2 жыл бұрын
Do you get😩😩🤵
@malnofaiei
@malnofaiei 3 жыл бұрын
An outstanding leader with charisma Indeed, it is minds that manage, not just money Good luck to you and your team in your coming work
@geegee3826
@geegee3826 2 жыл бұрын
What an outstanding individual, I was captivated by his answers and ecstatic that this guy is now chairman of my football club....Newcastle United. What an honour!
@bMedDeg
@bMedDeg 2 жыл бұрын
What a load of bs. Do you think we’re idiots? The guy and his boss both go do one. Money can’t buy morals, but it seems like it can buy people like you who are brainwashed and just follow like sheep.
@its_omarov
@its_omarov 2 жыл бұрын
@@bMedDeg tf are you saying?
@geegee3826
@geegee3826 2 жыл бұрын
@@bMedDeg I only have sexual relations with sheep...I don't follow them.
@Jackosaurus117
@Jackosaurus117 2 жыл бұрын
@@bMedDeg Nobody cares
@raphaelfoo6610
@raphaelfoo6610 4 жыл бұрын
david rubinstein looks like he's super sleepy and struggling to stay awake. must be the jet lag of flying to saudi arabia hahaha
@johankarlsson1802
@johankarlsson1802 Жыл бұрын
سأقدر هذه القناة إلى الأبد، لقد ساعدتني أنا وعائلتي كثيرا، ومقاطع الفيديو الخاصة بك ونصائحك ودروسك وكلماتك المضحكة ملهمة ومفيدة لنا. لقد تمكنت أنا وزوجي من الحد الأدنى، واعية بالإنفاق والادخار والاستثمار بحكمة، والآن أكسب كل أسبوع. أنت نعمة لهذا الجيل، كلنا نحبك
@johankarlsson1802
@johankarlsson1802 Жыл бұрын
​@Ibrahim Ashraf يمكنني مشاركة البعض الذي ساعدني خطط لذلك كن في الحد الأدنى من الإنفاق وفر المال بحكمة نحو التقاعد ادخر للاستثمار، إنها طريقة مجربة لتصبح أكثر ثراء
@johankarlsson1802
@johankarlsson1802 Жыл бұрын
​@Ibrahim Ashraf هناك الكثير من خيارات الاستثمار (الأسهم العقارية والذهب والفضة والعملات المشفرة وAirbnb وETFS)
@johankarlsson1802
@johankarlsson1802 Жыл бұрын
​@Ibrahim Ashraf يندفع الكثير من الناس إلى التداول دون معرفة كيفية عمله وهذا خطأ كبير لذلك أقترح عليك العثور على شخص يرشدك
@johankarlsson1802
@johankarlsson1802 Жыл бұрын
​@Ibrahim Ashraf أعرف شخصا يمكنه مساعدتك في الكسب
@johankarlsson1802
@johankarlsson1802 Жыл бұрын
السيدة سالي لويس
@sophiaking8196
@sophiaking8196 11 ай бұрын
Successful people don't become that way overnight. most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
@Martha-jz4wb
@Martha-jz4wb 11 ай бұрын
Then I will like to introduce you to an expert in forex trading Mr Andrew Wright fx,, he's one of the best. I have been working with him for months now feeling awesome
@Martha-jz4wb
@Martha-jz4wb 11 ай бұрын
If you have started trading with this expert Mr Andrew fx then you are not far from making profits and leaving the life you want.
@JamesAlberto-rd7oi
@JamesAlberto-rd7oi 11 ай бұрын
How can someone get to speak with him.?
@oscarwalsh6495
@oscarwalsh6495 11 ай бұрын
@Official andrew wrightfx
@oscarwalsh6495
@oscarwalsh6495 11 ай бұрын
Facebook page 👇
@onenoteman
@onenoteman 4 жыл бұрын
Great interview, glad to see new Saudi leaders.
@BrotherSantodes
@BrotherSantodes 4 жыл бұрын
How's Pocahontas doing?
@yaserhosaiky6828
@yaserhosaiky6828 4 жыл бұрын
Magnificent interview.
@Chris_g221
@Chris_g221 2 жыл бұрын
The savior of Newcastle United!!
@CokeWithIceAndLemon
@CokeWithIceAndLemon 4 жыл бұрын
Excellent interview by HE
@stevenguyen7479
@stevenguyen7479 4 жыл бұрын
David never let me down, bring the best of the best on his show to challenge their conventional wisdom.
@namitilyembela7343
@namitilyembela7343 4 жыл бұрын
Great Interview, Great Mind & Great Content!
@MoiseLevi
@MoiseLevi 4 жыл бұрын
Very smart man, understand why he has that position
@muskntesla3493
@muskntesla3493 4 жыл бұрын
Absolutely true!!!He is a smart person!
@منادمنّهلعدّةسنيناوفيخاطريهكلا
@منادمنّهلعدّةسنيناوفيخاطريهكلا 4 жыл бұрын
What makes you guys assume that he’s smart. I would like to understand the heuristics underpinning your claim?
@chocolateloverdude
@chocolateloverdude 4 жыл бұрын
@Noof M. I do like him
@goldenbeardofficial8541
@goldenbeardofficial8541 4 жыл бұрын
unlike you, you don't understand where you came from and where you're going
@AbdallaElmedny
@AbdallaElmedny 4 жыл бұрын
Very well spoken!
@mohammedassiri148
@mohammedassiri148 4 жыл бұрын
I am so proud of Mr.Yasser. The right person in the right place Great & Glory to Saudi Arabia 🇸🇦🇸🇦
@aliadam5826
@aliadam5826 3 жыл бұрын
المجد و العظمه لله وحده
@aziz_alrumayyan6712
@aziz_alrumayyan6712 2 жыл бұрын
He is honestly a great guy and i can personally vouch for him
@Madriid15
@Madriid15 2 жыл бұрын
I am proud to belong to this great country 💚🇸🇦
@apple_cider1207
@apple_cider1207 2 жыл бұрын
i bet you'd be more proud if you become like one of these guys. it's not enough to just belong. it's great to lead and set examples. all th best friend
@jasmineblack9778
@jasmineblack9778 2 жыл бұрын
@@apple_cider1207 i hope Saudi Arabia win the next World Cup
@kyunbhai49
@kyunbhai49 Жыл бұрын
@@jasmineblack9778 haha.. They are already winners of the World Cup of cowardice.
@FAISAL_Elharbi
@FAISAL_Elharbi Жыл бұрын
@@kyunbhai49 2023 and people like u still exist ? pathetic
@antiblabla
@antiblabla 2 жыл бұрын
Really elegant and intellectual a personality from Arabic descent we are proud for you and for your representation of all Arabic countries, a good luck Mrs Yassir for your a big challenge 🙏 congratulations from Morocco
@prajullas
@prajullas 2 жыл бұрын
"good luck Mrs Yassir"? What is wrong with you.
@ashraftarabishi831
@ashraftarabishi831 3 жыл бұрын
This man is officially now the owner of NUFC
@saudidark
@saudidark 2 жыл бұрын
@@Diana_L4rasati PIF is the owner
@hereiam9489
@hereiam9489 2 жыл бұрын
@@Diana_L4rasati Yassir alrumayyan is the governor of the PIF fool
@conleytoby1547
@conleytoby1547 4 жыл бұрын
I beleive a lot of Geordies are here checking the new chairman if everything goes well. Congratulations if it goes through from a Canadian in Montréal rooting for Chelsea.
@rusaliagumerova33chingizhan
@rusaliagumerova33chingizhan Жыл бұрын
Amazing person , I like Saudis and I hope to work with them one day. Very beautiful Nation and truly graceful and blessed with generous caring Government. We could do with their support here in UK. InshaAllah will join them to work with soon.
@dancingfreakz911
@dancingfreakz911 4 жыл бұрын
David Letterman David rubenstien Always enjoy their interviews 😅🤭
@adel18991
@adel18991 2 жыл бұрын
Mr. Yasir please Make Newcastle fans proud of the their club. The city and the fans deserve that.
@faisalalqhtani8891
@faisalalqhtani8891 2 жыл бұрын
He will
@mdazhar1989
@mdazhar1989 4 жыл бұрын
Extremely well sort out interview, Yasir sir is amazing 👍
@christophergargaro959
@christophergargaro959 Жыл бұрын
I can see why Mr. Al-Rumayyan oversees the PIF - he is extremely well spoken and understands finance very well. The deal with the PGA will reap huge financial benefits for them downstream.
@trusty099
@trusty099 4 жыл бұрын
Finally some diversity on Dave's show.
@muskntesla3493
@muskntesla3493 4 жыл бұрын
Agree!!!But David is always great!!
@jonathanfeingold236
@jonathanfeingold236 4 жыл бұрын
I met david at Davos and forgot to ask for more diverse interviews.
@iengdiary
@iengdiary 4 жыл бұрын
8:33 OMG 🤯, He enjoyed Uber service once, then he bought 5% of Uber Inc. for $3.5 Billion in 2015. Now it worths $20B- $25B. Hey NUFC fans, you club is with a bloody tough guy. 😅
@mfmahmoo
@mfmahmoo 4 жыл бұрын
You seem to have a very tenuous grasp of math. That stake never went above a few % points, and has represented a small to moderate loss ever since
@وليدوليد-ث2ح3ق
@وليدوليد-ث2ح3ق 4 жыл бұрын
he just manager
@hakshustletv
@hakshustletv 4 жыл бұрын
mfmahmoo As of right now he seems to be right on the money, I think it was a longer term play, did he overpay? Perhaps as it would’ve been nicer for him to get in at a better entry point but it’s beginning to even out & at this rate it may not be long before it begins to turn a nice profit minus the pandemic. At a $70B valuation on paper is about where they’d break even, I think it surpassed that sometime last year, of course market cap is different but valuation wise I think they have it at around 80-100B right now so his investment is somewhat profitable or break-even at the bare minimum on average. I figure market cap is around 60B, a sensible valuation is around 82B, call it 80, find the middle ground of 70 and at 3.5B for 5% if my maths isn’t a little off that’s about break-even.
@mfmahmoo
@mfmahmoo 4 жыл бұрын
Haks Hustle they bought it at a valuation of 62b. Current market cap is 60b (most accurate valuation since it’s listed). A considerable loss considering inflation/ opportunity cost. Although I must admit they could have invested in wework and gotten wrecked.
@mfmahmoo
@mfmahmoo 4 жыл бұрын
Also uber is not a good long term play in my opinion. I think most loss-making growth businesses with no clear toad to profitability such as uber, food delivery, etc are short term play where VCs want to cash out post IPO. I don’t want to be sicker holding on to such a stock post IPO. Who’s going to bankroll further losses? Lines of credit? Additional stock issuances diluting my stake?
@onkarkumbhar1610
@onkarkumbhar1610 3 жыл бұрын
What a personality!! Commendable
@bizzille5989
@bizzille5989 Жыл бұрын
I'm Nigerian, and it's always great to see people patriotic and passionate about the betterment of their country and its citizens. Hopefully, Nigerians can learn a thing or two about other world leaders
@ktx93
@ktx93 Жыл бұрын
I'm from Saudi arabia and our king vision is to make middle east and Africa the new Europe. I hope inshallah it's happen we have cultures they only have bars and clubs adulteres nationas the NATO
@LA_BIÈRE_CHAUD
@LA_BIÈRE_CHAUD 3 жыл бұрын
That suit is clean asf.
@EverdeenM
@EverdeenM Жыл бұрын
"You're going to turn the fund into a 1 trillion dollar?" "No, TWO trillion" Only Yassir can say these words!
@subhranshuganguly2246
@subhranshuganguly2246 Жыл бұрын
David thank you for giving us an insight into what make men great. You are never too old to learn.
@leeharwood4583
@leeharwood4583 Жыл бұрын
Great to have the pif as part of the Newcastle United family 🖤⚪🖤⚪
@HH-wl6by
@HH-wl6by 4 жыл бұрын
I’m so proud to be Saudi and I look forward to work with Yasser
@seanmurray6380
@seanmurray6380 4 жыл бұрын
Damn newcastle are in for a fun time
@maq2384
@maq2384 2 жыл бұрын
This proves how the crown Prince MBS has an outstanding vision and with God’s help he will achieve his goals, the crown Prince MBS with his ambitions is what the kingdom of Saudi Arabia needs to achieve the deserved respect for an amazing country
@Stockcryptocritique
@Stockcryptocritique 4 жыл бұрын
I love Saudi Arabia like the way should be
@tbd1613
@tbd1613 4 жыл бұрын
You are an idiot.
@fayezm3148
@fayezm3148 4 жыл бұрын
@@tbd1613 why ?
@sosmush8319
@sosmush8319 4 жыл бұрын
george varughese hey george .. u belong to 1800 c
@theunknownguy265
@theunknownguy265 3 жыл бұрын
Thanks
@theunknownguy265
@theunknownguy265 3 жыл бұрын
@@tbd1613 no u
@عبداللهالعبدالوهاب-ك3خ
@عبداللهالعبدالوهاب-ك3خ 4 жыл бұрын
All the best ❤️🇸🇦
@chubbygallasso
@chubbygallasso Жыл бұрын
Pif ......love them....Europe can learn a lot from them. 🇸🇦🇸🇦💰💰
@leen9159
@leen9159 4 жыл бұрын
I very proud of my homeland successful individuals, He is such an inspiration for me🤍🇸🇦🇸🇦
@theunknownguy265
@theunknownguy265 3 жыл бұрын
True alhamdulillah 🇸🇦💪💪
@Gameface1
@Gameface1 2 жыл бұрын
Brilliant speaker and a clear vision
@ryancampbell4640
@ryancampbell4640 4 жыл бұрын
Toon toon ⬛️⬜️
@muhabmohammed9498
@muhabmohammed9498 4 жыл бұрын
Saudi government is preparing for the future while other countries still live in 1990.
@ALshehri404
@ALshehri404 4 жыл бұрын
muhab mohammed No I don’t think so, I think we were in 1990 and just now we are running up to be in 2020.
@daggerfern
@daggerfern 3 жыл бұрын
Saudi are still waiting for the bus to 21st century from the 7th century tribalism.
@shougm.4159
@shougm.4159 3 жыл бұрын
@@daggerfern u didn't even reach 7th C.. come join the rest of the world out of the dark ages u are living in.. KSA just bought NUFC buawhahahahahahah
@kamm3758
@kamm3758 4 жыл бұрын
مين من السعودية هنا ؟
@kamm3758
@kamm3758 4 жыл бұрын
ÁßĎÚĹŔĤMÁŃ رأيك ؟
@theunknownguy265
@theunknownguy265 3 жыл бұрын
انا
@MyPortsmouth
@MyPortsmouth 3 жыл бұрын
Congratulations Newcastle fans
@sportymbh
@sportymbh 4 жыл бұрын
ما شاء الله تبارك الله كاريزما مميزة
@A12Diary
@A12Diary 4 жыл бұрын
لك في الاقتصاد و المال؟
@jasmineblack9778
@jasmineblack9778 4 жыл бұрын
PIF are great people.They need to buy NUFC,there is now a bond between Geordies & Saudis
@zs9640
@zs9640 3 жыл бұрын
brrrrrrrr bow bow bow
@likemike6107
@likemike6107 2 жыл бұрын
Ignore the haters
@jasmineblack9778
@jasmineblack9778 2 жыл бұрын
@@likemike6107 i will Mike x
@jasmineblack9778
@jasmineblack9778 2 жыл бұрын
Thank you for buying NUFC,Yasir Al-Rumayyan I LOVE YOU XXXXXXX
@ميم-ط8م9ض
@ميم-ط8م9ض 4 жыл бұрын
لاااااااااا تحلق اللحيه 😶🤕🤒
@kavvayistories
@kavvayistories 4 жыл бұрын
That's a 300k suit for sure ✌🏼
@ricardomoran1542
@ricardomoran1542 3 жыл бұрын
Goodness me
@apple_cider1207
@apple_cider1207 2 жыл бұрын
great interview and stellar guest.
@ED-iq3mv
@ED-iq3mv 4 жыл бұрын
Who comes here for learning English from billionaires’ lifestyle like me
@TheCounterGame
@TheCounterGame 4 жыл бұрын
CANS!!!!
@skitskot
@skitskot 4 жыл бұрын
TheCounterGame Cans
@F_Ryan
@F_Ryan 4 жыл бұрын
😔
@ryancampbell4640
@ryancampbell4640 3 жыл бұрын
We got there eventually hahah 🎉🎉⚫️⚪️
@leewaller4332
@leewaller4332 4 жыл бұрын
newcastle united takeover deal
@alisuliman7264
@alisuliman7264 4 жыл бұрын
Government investment outside the country causes great damage to the national economy. Such investments enhance production and create jobs in countries where these funds are invested. At the same time, they do not benefit the national economy even if these abroad investments achieve profitable returns for the government. Logically, increasing domestic production, creating jobs and raising purchasing power are more important and more beneficial to the economy than supporting government budgets and reserves. Therefore, the government should focus more on delivering most of the oil revenue to consumers to raise their purchasing power and the public demand; and also, to channel its funds to producers to increase supply. This is the foundation of any economy because, in the end, the economy's main constituents are supply and demand. Also, it is essential for the government to sign its contracts with shareholding companies whose percentage of Saudi labor force is not less than eighty percent to keep its contracting money within the national economy. Unfortunately, as of today, most of government contracting money flee abroad which is more harmful to the national economy than the benefits of the projects. The only way to reduce dependence on the oil revenue is the oil revenue by keeping most of it within the national economy for increasing production and creating jobs. Any investment abroad will not compensate for the oil revenue. The profit from producing and selling oil is 50% if we sell oil barrel for 15 dollars while the average profit from the successful investment funds is 10% in addition to the high risk of investing under the jurisdiction of other countries. Undoubtedly, the biggest threat to the Saudi economy is the annual capital leaving the local economy. The sources of the huge money outlets are numerous and not limited to the government internal projects and the government external investments. In addition, citizens deposits and investments, Saudi tourism, foreign labor transfers and excessive imports all combined represent serious threats to the economy. More important than the capital resources are the human resources. Saudi governments invested heavily and generously in education but did not achieve the main target of skills and experience in its Saudi labor force. Instead, the country was flooded by foreign labor who now occupy 80% in most of the producing sectors and the jobs of these sectors. In addition to the country dependence on foreign labor the country also, as mentioned earlier, the government revenues depend on foreign money of more than 80% from the sale of oil. This dual dependency on foreign labor and foreign money indicates that the economy is substantially not self dependent which remain to be the biggest challenge and the most serious threat to the economy.
@malcolmx6044
@malcolmx6044 4 жыл бұрын
I agree with you but most of the people trust the man in the black suit
@alisuliman7264
@alisuliman7264 4 жыл бұрын
@@malcolmx6044 I do not doubt the outstanding capabilities of his Excellency Yassir Al-Rumayyan, but he can achieve greater results for the national economy if he injects the money from the national investment fund inside the country in the populated cities of consumers and producers. Internal investments, contrary to investments abroad, raise production, provide job opportunities and expand purchasing power. Moreover, money grow three folds or more when deposited, invested and spent within the local economy through the process of the money multiplier.
@likemike6107
@likemike6107 2 жыл бұрын
Its happening from education to investment. Its an ambitious task to change an economy/country with 35 million inhabitants. It won't happen over night and mistakes will happen along the way. Luckily they can afford to make mistakes and will learn from them, whilst other nations take the careful route. Also to point out, PIF does dish out funds to partnered VC firms within the Kingdom. The government is also providing interest free loans to Tech startups and the Agricultural industries. I'm interested to know what your thoughts are on the Agriculture sector in Saudi Arabia, if you have any?
@house684
@house684 2 жыл бұрын
@@alisuliman7264 or invest more in your neighbors. They don't need your money in New York and Honk Kong. I know Egypt receives a ton of Saudi cash, but Saudi power and wealth can come together to transform Egypt into a thriving economy, which will actually benefit Egypt. Same goes for other economies in the region.
@JohnsonGabriella
@JohnsonGabriella Ай бұрын
Now, I Just realized that the secret to making a million is saving for better trades. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money trading. For example last year I Traded with 10k in Crypto and made about $146k,but guess what? I put it all back and traded again and now I am rounding up close to a million
@McEvilly4
@McEvilly4 Ай бұрын
Thank you Lubna Olayan
@J.McClure
@J.McClure Ай бұрын
how do y'all even make so much from crypto trading?
@J.McClure
@J.McClure Ай бұрын
Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular advisor to whom you have used their services?
@FreeFire-investment
@FreeFire-investment Ай бұрын
I'm thrilled at the prospect of learning from a coach like Lubna
@Davidsonlee17
@Davidsonlee17 Ай бұрын
Please, How Do I Get Lubna Olayan?
@didid3ksa
@didid3ksa Жыл бұрын
23:21 he isn’t teenager you are too old 😂😂
@solittire
@solittire 4 жыл бұрын
والله مدير صندوقنا السيادي ... كأنه نجم سينما !!! عسى عوائد الصندوق تجمل بس
@sarahall5237
@sarahall5237 2 жыл бұрын
ايه و الله هههههههههههه ما شاء الله تبارك الله + الافاتار ذا مو غريب علي انت شخص مشهور بالتويتر؟؟؟؟
@DE130Y75
@DE130Y75 Жыл бұрын
Our chairman at Newcastle United 🖤🤍
@zaclo4119
@zaclo4119 Жыл бұрын
God save my beloved Kingdom 🤍🇸🇦🇸🇦
@بدرالخالدي-ل2ش
@بدرالخالدي-ل2ش 4 жыл бұрын
Proud be Saudi citizen and have such a great man like him 👏
@lovelymix8056
@lovelymix8056 2 жыл бұрын
Yasir accent is like music to my 👂!
@4AMPizza
@4AMPizza Жыл бұрын
These interviews are just one softball after another
@keithdude30
@keithdude30 4 жыл бұрын
Announce Mbappe.
@Mubarik0071
@Mubarik0071 2 жыл бұрын
Mansha Allah he is humble person
@hslimslim6896
@hslimslim6896 3 жыл бұрын
Great man, excellent interview
@sureshnishtala2887
@sureshnishtala2887 3 жыл бұрын
Great interview ....yasir is so cool and always smiling....
@hmhm3036
@hmhm3036 2 жыл бұрын
🇸🇦❤🇬🇧
@Samiaan
@Samiaan 4 жыл бұрын
Great to see one of the saudi leaders. ♥️ شيء جميل نشاهد واحد من المؤثرين في مجتمعنا السعودي في برنامج ديفيد.
@waleedalshehri5515
@waleedalshehri5515 4 жыл бұрын
He knows what he does 👍
@fordy87
@fordy87 4 жыл бұрын
thanks prem for screwing us over
@laylaalsaeed1264
@laylaalsaeed1264 4 жыл бұрын
What an intelligent, decent, approachable man ✔️
@conleytoby1547
@conleytoby1547 4 жыл бұрын
Are you Saudi?
@laylaalsaeed1264
@laylaalsaeed1264 4 жыл бұрын
conley toby yes
@EnkiduSA17
@EnkiduSA17 3 жыл бұрын
@@conleytoby1547 judging by the name probably yes Saudi girl
@prometheus6853
@prometheus6853 2 жыл бұрын
Do you like Saudi?
@laylaalsaeed1264
@laylaalsaeed1264 Жыл бұрын
@@prometheus6853 just saw your question after a whole year! YES I LOVE MY COUNTRY SO MUCH ❤
@JackDoobz
@JackDoobz 4 жыл бұрын
Welcome to the Toon
@Fdfdfdfd2344
@Fdfdfdfd2344 Жыл бұрын
The Kingdom of Saudi Arabia is full of energies and distinguished and superior human cadres in the economy, administration, medicine and all fields, and Professor Yasser is considered one of these important energies. Those who run Saudi Arabia today, I am sure that they are younger than Professor Yasser, however, you find them successful administrators, superior and distinguished in their work, and this we see in the achievements that Saudi Arabia is experiencing today All these achievements are thanks to God, and then thanks to these very distinguished and ambitious young administrators, who did the best for Prince Muhammad bin Salman in choosing and selecting them, so they were really qualified for this choice and these great tasks that they perform.
@beforetheyear0323
@beforetheyear0323 Жыл бұрын
perhaps we should recognize that to create the political is to embody the permanent tension between the institutionalization of freedom and the philosophical interrogation. To the extent that we are free to think then we can switch to a broader examination of the process of thinking itself. We can, therefore, speak of freedom as philosophy’s non-identical twin in the project of questioning and challenging the thinkable and practiced reality. To posit philosophy as a finished and exhaustive knowledge would be as if we defined and practiced freedom as the repetition of the same. The theological covering up of the philosophical interrogation goes hand in hand with the loss of the creative and revolutionary nature of freedom. To be sure, an individual who has already entered the philosophical questioning cannot avoid the explicit and free interrogation of positing other modes of thinking and other forms of the thinkable. It is fascinating to note that the philosophical questioning is a mode of thinking that can create cracks in the surrounding walls of the instituted thought. Philosophy as critical interrogation, therefore, takes place in the gap between free instituting thought and instituted thought. It is here that we might begin to understand why philosophy is the ongoing task of bringing freedom into political life as a lived corrective to the theological.
@pedrostokoe1980
@pedrostokoe1980 Жыл бұрын
Dont Forget he is the Chairmman of NUFC Football Club
@liverpoolpreetu
@liverpoolpreetu 3 жыл бұрын
Steve Bruce brought me here.
@mehrabanimoh
@mehrabanimoh 4 жыл бұрын
Yasir comes across extremely well.
@Hud.Alexdavenston
@Hud.Alexdavenston Жыл бұрын
Yersir has a traits of Turkey (country) and he was nervous whole interview as tension into him increases but as I understand from his speak saudi is a strategic & progressive country while I kept spelling his name in various to give I the same tone as his name.
@Sam-tg4ii
@Sam-tg4ii 2 жыл бұрын
As an Iranian, despite our historical rivalry with them, I salute the Saudi for their move toward modernization
@NadDew
@NadDew 2 жыл бұрын
as a Saudi I wish the same for you, getting rid of old thinking is our only way to find peace with each other.
@thearabianwolf3996
@thearabianwolf3996 Жыл бұрын
As an Arab myself I call both of you to peace My Persian brother and my Arab brother let we put down the political issues aside and find out the common ground to start with Salam
@nsd861
@nsd861 Жыл бұрын
@@thearabianwolf3996 I call all of you to return to Islam, you guys are Just bunch of fools who want to please the west...Your destruction has started may god destroy you all
@thearabianwolf3996
@thearabianwolf3996 Жыл бұрын
@@nsd861 I call you to understand your faith first and don’t swear or call your brothers fools I know Islam more than you do. I have been praying and fasting since I was 10 years till now never left one pray in my life or broke any of fast during Ramadan so if you think you know Islam better then me Bring my yourself and let we debate here let’s see who will prove the other guy a real muslim!
@nsd861
@nsd861 Жыл бұрын
@@thearabianwolf3996 we don't celebrate Halloween like you do
@Faisal1lalward
@Faisal1lalward 2 жыл бұрын
MBS is the right guy at the right time 🇸🇦🇸🇦🇸🇦🇸🇦🇸🇦
@JamesonSharp
@JamesonSharp Ай бұрын
Mr. Rubenstein is asking all the right questions here. Lots to learn about Saudi’s Sovereign Wealth Funds and their Direction. 👏👏👏
@moesauce2255
@moesauce2255 2 жыл бұрын
This Yasser guy is DADDY material.
@almightyziz
@almightyziz 2 жыл бұрын
Wow lol
@Nievlq
@Nievlq 2 жыл бұрын
🤣🤣
@alfannan1990
@alfannan1990 4 жыл бұрын
A professional interviewer and an interesting guest ..
@notheotherklaus
@notheotherklaus Жыл бұрын
So, he had a Uber app and liked it? That was it ? David is so good with his questions, calm, polite and critical.
@taofeeqtijani6364
@taofeeqtijani6364 4 жыл бұрын
First!🧏 Great interview though, seems like a well informed guy. I just really hope the progressiveness he speaks about actually continues
@taofeeqtijani6364
@taofeeqtijani6364 4 жыл бұрын
@Tenac 300 😂 No. That's not what I mean. Progressiveness doesn't mean godless. It just means inclusion of everyone in societal and economic development
@CarlosMoran-x8r
@CarlosMoran-x8r 6 ай бұрын
Thank you for speaking the truth and you will be excluded from anything. Bye.
@CarlosMoran-x8r
@CarlosMoran-x8r 6 ай бұрын
I have bee humiliated and you say look he smokes a pipe well i was not like this he the prince and the king have taken ever women grom here while his son has his wife, he is the one who has been destroying me, he has hatred against jews, he has his humiliated the crown prince is a great murderer
@NamlessKing
@NamlessKing 14 күн бұрын
In this interview he said the oil is 70% of Saudi budget, but this year is a 50٪ 👏
@turkialturki1070
@turkialturki1070 2 жыл бұрын
What he is being doing is incredible.. running such huge organization & making such massive profit & investment. Saudi Arabia is lucky to have a god father like Yasser 👍🏼👏🏼
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