News

Saudi Arabia’s sovereign wealth fund has asked consultants to review the feasibility of its “The Line” gigaproject, Bloomberg ...
The kingdom has been scaling back large-scale construction and investment projects amid rising costs and lower oil prices ...
A consortium led by Saudi utilities giant ACWA Power is to invest $8.3bn to build 15 gigawatts of solar and wind farms in the ...
Saudi Arabia’s Public Investment Fund took a two-thirds stake in Related's planned skyscraper at 625 Madison Avenue ...
Assets of public investment funds in Saudi Arabia rose to SAR 193 billion in Q1 2025, an increase of 41% from SAR 136.7 ...
Former FIFA president Sepp Blatter has said football has been “lost” to Saudi Arabia and criticised his former employer’s ...
A consortium of Acwa Power, Water & Electricity Holding Company (Badeel) and Saudi Aramco Power Company (Sapco) has signed ...
For years, Saudi Arabia has been seeking to diversify its economy away from oil. But this change is progressing slowly, ...
ACWA Power signed power purchase agreements with Saudi Power Procurement Company for five solar PV projects in the country, ...
Al Baida Group, one of Qatar’s leading multi-sector companies, has signed a memorandum of understanding (MoU) with Elm ...
The CMA said the reforms were finalised after public consultations held in June and October 2024 and February 2025 ...
Principal Buyer has entered into agreements worth SR31bn ($8.3bn) for the development of seven new 15GW solar and wind power projects.