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Saudi Arabia’s sovereign wealth fund saw income from investment activities rise for a second consecutive year, driven by dividends and asset sales.The Public Investment Fund earned $34.5 billion from ...
Saudi Arabia’s Public Investment Fund (PIF) announced on Monday a significant increase of 18% in total assets, reaching SAR4,321 billion by the end of 2024, up from SAR3,664 billion in 2023. The Fund ...
Saudi Arabia, faced with dwindling energy income, has sharply increased government fees such as visa charges as part of a range of measures aimed at raising revenue from non-oil sources.
Saudi Arabia's net foreign direct investment (FDI) fell 7% in the first quarter of 2025 compared to the previous quarter, ...
Saudi Arabia's Neom is planning its first bond sale, Bloomberg reported. The issuance could take place later this year and raise up to $1.3 billion, per the outlet.
Saudi Arabia remains “conservative” when it is forecasting its revenues from oil, its main commodity, the country's finance minister, Mohammed Al-Jaadan, said Tuesday after the kingdom had to pare ...
Saudi Arabia pushed for a larger-than-planned OPEC+ output hike in May, a decision that helped send oil prices below $60 a barrel to a 4-year low. Lower prices are bad news for producers that rely ...
The glut may soon worsen — and the value of Saudi Arabia's virtually sole source of revenue further diminish — once sanctions against rival Iran are eased under the nuclear weapons deal.
Turkey and Saudi Arabia are two Sunni powerhouses that have had a complicated and often contentious relationship over the ...
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), controlled by Crown Prince Mohammed bin Salman, has facilitated and benefited from human rights abuses. The crown prince ...
Saudi Arabia and a number of oil companies have tried to focus the talks on emissions, instead of fossil fuels themselves, arguing that technologies such as carbon capture and storage, or CCS ...
The only problem, analysts say, is Saudi Arabia is not moving as fast as it could be. Mr. Kumar figures that it may achieve only about half of the ambitious 2030 goal for solar installations. Wind ...