Saudi Arabia

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…

Saudi Arabia, Stock Markets, UAE
Al-Futtaim to Buy Nearly 50% of Saudi’s Cenomi Retail for $667 Million

Al-Futtaim to Buy Nearly 50% of Saudi’s Cenomi Retail for $667 Million Al-Futtaim, a major business group from the UAE, is planning…

Energy, Saudi Arabia
ACWA Power Signs New Deal With Senegal for Desalination Plant After Cost Review

ACWA Power Signs New Deal With Senegal for Desalination Plant After Cost Review ACWA Power, a company from Saudi Arabia, has made…

Economy, Saudi Arabia
Saudi Arabia’s Inflation Holds Steady at 2.3% in June as Rent and Food Prices Go Up

Saudi Arabia’s Inflation Holds Steady at 2.3% in June as Rent and Food Prices Go Up Saudi Arabia's inflation rate stayed at…