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 ...

Elon Musk’s artificial intelligence startup, xAI, is in discussions to lease data center capacity in Saudi Arabia, according ...

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 ...

The Public Investment Fund (PIF) launched Tasama Business Services Co. (Tasama), a wholly owned subsidiary, to strengthen ...

A consortium of Acwa Power, Water & Electricity Holding Company (Badeel) and Saudi Aramco Power Company (Sapco) has signed ...

Former FIFA president Sepp Blatter has said football has been “lost” to Saudi Arabia and criticised his former employer’s ...

Principal Buyer has entered into agreements worth SR31bn ($8.3bn) for the development of seven new 15GW solar and wind power projects.

ACWA Power signed power purchase agreements with Saudi Power Procurement Company for five solar PV projects in the country, ...

In Saudi Arabia, electric cars account for a tiny proportion of vehicle sales. But the oil-rich kingdom wants to change that by rolling out manufacturing plants and charging facilities.