PIF Plans New 2030-2040 Strategy for Growth, Projects, and Global Investments Saudi Arabia’s $1 trillion Public Investment Fund (PIF) is preparing a…
Saudi Economy Grows 3.9% in Q2, Led by Non-Oil Sector Saudi Arabia’s economy grew by 3.9% in the second quarter of 2025,…
Non-Oil Business Activity Grows in Saudi Arabia and UAE in August The non-oil private sector continued to expand in both Saudi Arabia…
Saudi Arabia’s Alinma Bank Plans Dollar Sustainable AT1 Issue Alinma Bank in Saudi Arabia plans to issue new dollar-denominated Sustainable Additional Tier…
Saudi PIF’s Assets in 2024 Jump 19% to $913B Saudi Arabia’s Public Investment Fund (PIF) grew its assets under management by 19%…
Saudi Electricity Company Profit Jumps 22% in Q2 as Power Demand Rises Saudi Electricity Company (SEC) said its second-quarter net profit rose…
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…
Luberef, Aramco’s Base Oil Unit, Sees 18% Profit Drop in First Half of 2025 Luberef, a base oil company owned by Saudi…
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…
For June, 2024