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.

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

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

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

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

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