Norway’s Sovereign Wealth Fund to Reject Musk’s Mammoth Tesla Pay Deal

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Norges Bank Investment Management (NBIM), which manages Norway’s colossal Government Pension Fund Global, has...

Bio Farma seeks public health protection, industrial sustainability

Denpasar, Bali (ANTARA) - PT Bio Farma strives to protect public health and industrial sustainability through collaborative efforts with global partners. "We need more collaborative problem solving with WHO, Gavi, UNICEF, CEPI, and other donors,...

AP Top Extended Financial Headlines at 2:04 a.m. EST

Saudi oil giant Aramco is reporting a $26.9 billion profit in the third quarter, down slightly from last year as global energy prices remain depressed over concerns of too much oil being on the market

Acwa Power reports 17pc rise in operating income for Q3

Saudi-listed Acwa Power has announced its consolidated financial results for the nine months ended September 30, 2025. Driven by a 17 per cent year-on-year increase in operating income, the company’s net profit attributable to equity holders...

Al-Futtaim Commits to Investing SAR 10 Billion in Saudi Arabia During Its Participation in FII

Strategic Investment Strengthens Al-Futtaim’s Leadership in Saudization, Talent Development, and Diversified Growth in KSA Al-Futtaim Group, one of the region’s leading conglomerates, announced today its strategic commitment to invest SAR 10...

Shaping Africa’s Industries with AI, Health Tech

Fresh voices from the intersection of Artificial Intelligence, heath technology and communications are beginning to shape industries from across Africa, writes Emma Okonji For many, it might be difficult to begin to imagine how Artificial...

SOFAZ delegation visits Saudi Arabia

Baku, October 29, AZERTAC On October 27–28, a delegation led by Israfil Mammadov, Chief Executive Officer of the State Oil Fund of the Republic of Azerbaijan (SOFAZ), conducted a working visit to the Kingdom of Saudi Arabia. The main purpose of...

Saudi non-oil exports rise by 5.5% in August

RIYADH — Saudi Arabia’s non-oil exports, including re-exports, recorded an increase of 5.5 percent in August 2025 compared to the same month of 2024. The trade balance recorded a surplus growth of 4.1 percent, amounting to SR24.2 billion, compared...

Al-Sharaa in Riyadh: Syria is central to regional stability

Syria is a “cornerstone of regional stability,” and restoring ties with Riyadh was a “strategic step” toward Damascus’ reintegration into its Arab and international surroundings, Syrian Transitional President Ahmed al-Sharaa said at Future...

Saudi's New Murabba plans investment opportunities in technology, real estate, CEO says

RIYADH: Saudi Arabia's gigaproject New Murabba is planning investment opportunities in technology, real estate and construction, its CEO Michael Dyke said on Sunday at the Fortune Global Forum conference in Riyadh. The New Murabba project was...

Masdar secures 2GW of solar projects in Saudi Arabia 

Masdar has been awarded contracts by Saudi Power Procurement Company (SPPC) for two solar photovoltaic (PV) projects in Saudi Arabia, with a total capacity of 2GW. The contracts were awarded as part of sixth round of bidding in the National...

Kuwait to Invest $4 Billion in Oil Exploration by 2030

Kuwait Oil Company, the national oil firm of one of OPEC’s biggest Gulf producers, plans to invest as much as $3.9 billion (1.2 billion Kuwaiti dinars) in exploration drilling by 2030, a senior company executive told Reuters in an interview...

Saudi Arabia's Vision 2030 goals 85% complete, says minister

RIYADH: Saudi Arabia's investment minister said on Sunday that 85% of the kingdom's Vision 2030 targets were complete or on track as of the end of 2024. "We've made remarkable progress transforming our economy and society," Saudi Arabia's minister...

Saudi Arabia undecided on investing in Egypt's Red Sea coast, says minister

RIYADH: Saudi Arabia already has enough hotel rooms to host the 2034 World Cup, but is focused on adding more domestic hotel space and has not decided whether to invest in an area along Egypt's Red Sea coast, the kingdom's tourism minister said on...

Arab Stars Ahmed Helmy, Hend Sabri Set for Animal Welfare Drama ‘His Weakest Creatures,’ Directed by Omar Hilal

Egypt’s Ahmed Helmy and Hend Sabri — who are two of the Arab world’s most bankable stars — are set to be paired onscreen for the first time in upcoming Cairo-set feature “His Weakest Creatures” by Egyptian director Omar Hilal, who made a splash...

KFSHRC and CellCo Sign MoU to Advance Biosynthetic Heparin (Bioxaparin™) and Next-Generation Therapeutics in Saudi Arabia

Riyadh, Saudi Arabia King Faisal Specialist Hospital and Research Centre (KFSHRC) and The Cell Company (CellCo) signed a memorandum of understanding to establish a strategic collaboration that advances the clinical evaluation of Bioxaparin™, set...

Operating revenues in Saudi business sector reaches $1.47trln in 2024

RIYADH — Operating revenues in Saudi Arabia’s business sector recorded an annual increase of 3.9 percent, reaching SR5.5 trillion during the year 2024, according to the General Authority for Statistics (GASTAT). The 2024 Structural Business...

Day 3 of President Radev's Visit to Riyadh

President Rumen Radev is visiting Saudi Arabia to take part in the Future Investment Initiative international forum. On Wednesday, his third day Riyadh, he held meetings with Jordan’s Crown Prince Al Hussein bin Abdullah, Saudi Arabia's Investment...

Viral ‘sky stadium’ video from Saudi Arabia found to be computer-generated

Social media has been awash this week with a viral video showing what appears to be a football stadium perched atop a skyscraper in Saudi Arabia. According to details, the clip has circulated with claims that the structure will host matches during...

Saudi Arabia to provide $1bn oil facility, roll over $5bn deposits for Pakistan