Saudi Arabia is reportedly expanding the reach of its $28b Saudi Industrial Development Fund (SIDF) to allow the financing of energy, logistics and mining projects as part of broader efforts to develop the kingdom’s industries.
Investors betting on Saudi Arabian shares are showing a clear preference for funds listed in Europe over the U.S. The contrasting picture may come down...
GCC investors remain upbeat and continue to focus investments in the region, Bank of America Merrill Lynch’s report on GCC debt capital markets said Tuesday....
The Trump administration’s long-awaited Middle East peace plan won’t succeed unless it involves a Palestinian state with its capital in Jerusalem, a senior Saudi prince...
The General Entertainment Authority (GEA) and Qiddiya Investment Co. signed a memorandum of understanding (MoU) to launch joint programs to develop human capital.
It is part...
The Tamheed Fund, a one-time competition introduced by the Red Sea Film Foundation, will support two Saudi feature films at the production stage with up...
Senate Republicans seeking a way to punish Saudi Arabia over its human rights record without provoking a veto by President Donald Trump are trying a...
Hyundai Engineering & Construction won a 3.2 trillion won ($2.7 billion) order to build gas and crude oil-processing facilities in Saudi Arabia, the company said...
Qatar made a “commitment to acquire” Patriot interceptors and National Advanced Surface-to-Air Missile Systems, or NASAMS, the White House said in a statement following a...
United States is moving forward with plans to form a military coalition to safeguard strategic shipping lanes off Iran and Yemen amid raised tensions with...
Britain has agreed to deploy additional special forces in Syria alongside France to allow the US to withdraw its ground troops from the ongoing fight...
Turkish President Tayyip Erdogan said Murat Cetinkaya, the former central bank governor, “did not inspire confidence in markets,” the Haberturk news website reported....
The United States and Egypt on Tuesday warned Turkey against escalating tensions in the eastern Mediterranean over its attempt to drill for oil and gas...
Chevron Phillips Chemical and Qatar Petroleum signed an agreement on Tuesday to develop an $8 billion petrochemical plant along the U.S. Gulf Coast, the second...
Lebanon’s tourism minister urged politicians on Tuesday not to wreck the country’s best tourist season in years, after a deadly shooting in a popular mountain...