A surge in Saudi corporate lending during the first three months of the year has fuelled the country’s fastest ...

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’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 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'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 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 ...

Turkey and Saudi Arabia are two Sunni powerhouses that have had a complicated and often contentious relationship over the ...

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.

WASHINGTON/RIYADH (Reuters) -The United States is poised to offer Saudi Arabia an arms package worth well over $100 billion, six sources with direct knowledge of the issue told Reuters, saying the ...

Saudi Arabia is prepared to abandon its $100-a-barrel ... one of the main sources of Russia's budget revenue. ... weaken due to reduced revenues from oil, which funds key government ...

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 ...

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 ...