Saudi Arabia’s announcement that it plans to cut global spending by as much as 12 per cent immediately set alarm bells ...

RIYADH: Saudi Arabia's NEOM gigaproject, a futuristic region being built in the desert, is a "generational investment" with a ...

The Public Investment Fund, Saudi Arabia's sovereign wealth fund, plans to increase its assets to over 4 trillion riyals by ...

Saudi Arabia’s sovereign wealth fund is preparing to cut budgets for some local projects for a second year even as it ...

After the assassination of journalist Jamal Khashoggi, business leaders made a show of shunning Saudi Arabia, doing deals ...

The kingdom's large-scale construction projects include a 110-mile long linear city described by its developers as " a ...

In October, Lucid sold 262.5 million shares priced at around $2.66 per share, raising $719 million. In addition, the PIF ...

Saudi Arabia has approved its state budget for 2025, which forecasts a fiscal deficit of SAR101bn ($27bn) or 2.3 per cent of ...

Saudi Arabia has poured tens of billions into projects that have yet to hint of any financial returns,” one financier told ...

Greg Norman has been the man in charge of LIV Golf since the league's formation, but the Public Investment Fund of Saudi ...

Negotiations between the PGA Tour and Public Investment Fund of Saudi Arabia (PIF) are continuing, with the hopes that a ...

The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, has successfully completed the sale of part of its stake in Saudi Telecom Company (stc) through an accelerated bookbuild ...