Home / news / Saudi Arabia has bought 8% stake in world’s biggest cruise operator Carnival for bargain basement price

Saudi Arabia has bought 8% stake in world’s biggest cruise operator Carnival for bargain basement price

Saudi Arabia has bought 8% stake in world’s biggest cruise operator Carnival for bargain basement price

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12 comments

  1. And yet another reason to say f**k cruises.

  2. You COULD look at this as Saudi Arabia hedging their oil investments. If Oil Price is low, Saudi Economy suffers. If Oil Price is low for CRUISE INDUSTRY, profits go up. Almost like an insurance for the future, that if another oil plunge happens(that isn’t a pandemic that stops all cruises), they’ll be able to get by still with their increased cruise profits.

  3. Probably thought they were buying a navy.

  4. And those floating toilets will be full again as soon as fox news States the Corona virus is over

  5. The fix is in. Trump illegally cuts an arms deal with them. In return their deep pockets are to be used as a hedge fund against struggling companies the U.S has a interest in…

  6. They probably got them for pennies on the dollar.

  7. I have a feeling there will be a lot of *bargains* like this, before it’s all over.

    The airline industry leaps immediately to mind.

  8. 2019 SA secures nuclear power deal with Trump administration

    2020 SA invests in Cruise operator

    2022 Cruise ships set sail under SA flag

    2024 SA installs nuclear reactor on cruise ship touting carbon-neutral cruises

    9/11 2026 SA citizens blow up nuclear cruise ship in NY harbor for 25th anniversary fireworks

    9/12 2026 US declares war on Iran

  9. In terms of investments this is a bad one!
    I don’t think cruises will survive…unless they go green which is impossible given the nature them.
    Specially with all deaths on board cruise ships and ports refusing entry…The saudis are playing a risky game…i sincerely hope they lose.

  10. Can we expect to have to wear a bee keeper suit on their cruises now?

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