Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has acquired a 23.08% stake in Saudi Reinsurance Company (Saudi Re).
Saudi Arabia
Saudi Arabia's ACWA Power plans to triple its assets under management to $250 billion within five years according to a company official.
Gulf states are urging the US to stop Israel from attacking Iran's oil sites, as it could lead to retaliatory strikes on theirs.
FedEx upgraded its FDMi e-commerce solution, enabling customers in Saudi Arabia to receive delivery notifications via WhatsApp.
Saudi Arabia is striving to advance the role of solar energy to fulfill the objectives of Saudi Vision 2030.
The agreement between Saudi Aramco and American NextDecade is set to provide KSA with 1.2 million tonnes of LNG per annum.
The Saudi Arabian oil giant Aramco may launch a secondary share offering as early as in June.
Saudi Arabia’s NEOM mega project is pushing ahead with green hydrogen plans as its development venture has picked a boss, according to Saudi Gazette.
Saudi Arabia is considering building the world’s biggest hydrogen plant linked to its massive solar resources, as investors increasingly turn to climate-friendly projects.
U.S. President Joe Biden would do better to spend time and political capital on renewable...