National oil company Saudi Aramco this month slashed its 2025 dividends by 30 per cent after a 12 per cent drop in net income ...

The kingdom’s political model is also relevant. Mr. Trump raised eyebrows when he posted an image of himself wearing a crown, ...

Global ratings agency S&P raised Saudi Arabia's rating to 'A+' from 'A' with a stable outlook on Friday, underpinned by the ...

The contract includes the design, construction, testing, and commissioning of a seawater reverse osmosis desalination plant.

Siemens Energy has been awarded a $1.6-billion project to provide technology for two gas-fired power plants in Saudi Arabia, ...

Siemens Energy is awarded a $1.6B project to provide key technologies for two gas-fired power plants in Saudi Arabia.

Saudi Arabia’s 170km-long desert city is in trouble. The futuristic, carbon-neutral Neom project is turning into financial ...

Costs are spiraling at Neom, Saudi Arabia’s planned desert metropolis. Early work on the futuristic project, anchored by an ...

Saudi Arabia walked away with the lion's share in 2024, accounting for 54% of the total value of projects in the region ...

Siemens Energy has secured a $1.6bn project to supply essential technologies for the Rumah 2 and Nairyah 2 gas-powered power ...

Qiddiya City is projected to house 500,000 residents and create 300,000 jobs. As of May 2024, 32% of the project is completed ...