Saudi Arabia’s main mission is to diversify its heavily oil-dependent economy. But that “Vision 2030” project is undergoing a ...

Meanwhile, the PIF is responsible for driving many of Saudi Arabia’s economic diversification projects under Prime Minister ...

Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining ...

Saudi Arabia is intensifying efforts to diversify its economy away from oil dependence, with massive investments in infrastructure, including the NEOM mega-city. The Future Investment Initiative ...

Held under the Royal Patronage of Saudi King Salman Bin Abdulaziz Al Saud, the conference themed “Infinite Horizons: ...

DUBAI: Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has signed five Memorandums of Understanding ...

Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, ...

Saudi Aramco reported a 15.4% decline in Q3 earnings due to lower oil prices, but maintained its $31.1 billion dividend payout to support Saudi Arabia's Vision 2030.

ALBAWABA - MBC Group, the most prominent broadcaster in the Middle East, has announced that Istedamah Holding Company, a ...

These MoUs were signed with Mizuho Bank, Sumitomo Mitsui Financial Group, MUFG Bank, Japan Bank for International Cooperation ...

This will also include facilitating PIF’s effort to explore opportunities in Japan in support of Saudi Vision 2030, it stated. Fumitaka Nakahama, Chief Executive and Senior Managing Corporate ...

Under Crown Prince Mohammed bin Salman's leadership, PIF has transformed its investment approach while maintaining ...