Saudi Arabia’s Public Investment Fund (PIF) has acquired a 40% stake in Jasara Program Management Co., a joint venture between Saudi Aramco and Jacobs Engineering Group, three people familiar with the matter told Bloomberg.
US-based Jacobs has been selected to deliver engineering services for packages 4, 5 and 6 of the King Salman International Complex for Maritime Industries and...
Policymakers in the Gulf face the same energy “trilemma” as elsewhere: Assure access to energy, meet global climate change commitments, and manage costs and prices....
Saudi Arabia's economy grew at 1.7 percent in the first quarter of 2019, the Kingdom's media ministry said on Monday.
The expansion reflects ongoing economic reforms...
Saudi Arabia’s sovereign wealth fund has acquired a 40% stake in a joint venture between state energy producer Aramco and Jacobs Engineering Group Inc., according...
Most major Gulf stock markets posted broad gains on Tuesday, taking their cue from global markets that have been buoyed by expectations of an interest...
Saudi Arabia’s state defence company is continuing to hold commercial partnership talks with South Africa’s Denel which said this month it would not sell a...
U.K. Chancellor of the Exchequer Philip Hammond urged senior Saudi officials to crack down on the theft of valuable sports rights, according to a person...
Saudi Arabia is preparing to support Lebanon through its economic challenges, three Lebanese ex-premiers indicated after meeting Saudi King Salman in Jeddah on Monday....
Though the Makkah Governorate had earlier announced that the new airport in Taif would be opened in 2020, the General Authority of Civil Aviation (GACA)...
Saudi Arabia’s Alfanar Group will reportedly set up a London-based renewable energy office to oversee the industrial conglomerate’s activity in the UK that includes a...
The minister showed off the new finds after opening two nearby pyramids to the public Saturday, according to his department. Authorities posted images of the...
Secretary of the Army Mark Esper is officially going through the confirmation process to become Secretary of Defense this week — finally bringing a Senate-confirmed...
Jordan appointed a new ambassador to Qatar on Tuesday, a step toward restoring normal relations two years after it withdrew its ambassador in solidarity with...
That industry is domestic hedge funds, which have taken seven years to reach $6 billion in investment commitments from nothing. By contrast, equity investment in India...
