Saudi Arabia
Business, Saudi Arabia
Saudi PIF’s Assets in 2024 Jump 19% to $913B
Saudi PIF’s Assets in 2024 Jump 19% to $913B Saudi Arabia’s Public Investment Fund (PIF) grew its assets under management by 19%…
Energy, Saudi Arabia
Saudi Electricity Company Profit Jumps 22% in Q2 as Power Demand Rises
Saudi Electricity Company Profit Jumps 22% in Q2 as Power Demand Rises Saudi Electricity Company (SEC) said its second-quarter net profit rose…
Economy, Saudi Arabia
Saudi Arabia’s Economy Stays Strong as Non-Oil Sector Grows, Says IMF
Saudi Arabia's Economy Stays Strong as Non-Oil Sector Grows, Says IMF The International Monetary Fund (IMF) said Saudi Arabia's economy is doing…
Energy, Saudi Arabia
Luberef, Aramco’s Base Oil Unit, Sees 18% Profit Drop in First Half of 2025
Luberef, Aramco’s Base Oil Unit, Sees 18% Profit Drop in First Half of 2025 Luberef, a base oil company owned by Saudi…
Economy, Saudi Arabia
Saudi Arabia’s Budget Deficit Drops to $9.2 Billion in Q2 Thanks to Higher Oil Revenues
Saudi Arabia’s Budget Deficit Drops to $9.2 Billion in Q2 Thanks to Higher Oil Revenues Saudi Arabia’s budget deficit fell to $9.2…
Business, Saudi Arabia
Saudi Arabia’s PIF Named Top Sovereign Wealth Fund Brand Again
Saudi Arabia’s PIF Named Top Sovereign Wealth Fund Brand Again Saudi Arabia’s Public Investment Fund (PIF) has been named the world’s most…
Economy, Energy, Saudi Arabia
Saudi Arabia’s Non-Oil Exports Rise 6% in May to $8.3 Billion
Saudi Arabia's Non-Oil Exports Rise 6% in May to $8.3 Billion Saudi Arabia’s non-oil exports grew by 6% in May 2025 compared…
Business, Saudi Arabia
Saudi Arabia Signs $5.6 Billion Deals to Help Rebuild Syria
Saudi Arabia Signs $5.6 Billion Deals to Help Rebuild Syria A group from Saudi Arabia visiting Syria has signed investment deals worth…
Banking & Insurance, Riyadh, Saudi Arabia
Riyad Bank’s Profit Rises 15% to $1.35 Billion in First Half of 2025
Riyad Bank’s Profit Rises 15% to $1.35 Billion in First Half of 2025 Riyad Bank in Saudi Arabia made a profit of…
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