The aircraft will be operated by The Helicopter Company (THC), a PIF subsidiary. The Public Investment Fund Tower is Riyadh’s tallest skyscraper. It is also one of the most technologically advanced buildings in the world. It is triple glazed to reduce energy consumption and visitor access to all 80 floors relies on facial recognition rather […]
Jada Fund of Funds, a wholly owned subsidiary of the Public Investment Fund, established to develop Saudi Arabia’s private capital ecosystem across venture capital, private equity, and private debt, has announced its strategic commitment to Growth Catalyst Fund I, a Saudi-based private equity fund licensed by the Capital Market Authority with a targeted fund size […]
There has been a lot of activity among talking heads in Washington this past week about President Trump taking uranium enrichment off the table for any deal that offers U.S. nuclear energy technologies, e.g., Westinghouse AP1000 reactors, to Saudi Arabia. So, the question is what does Saudi Arabia really want from the U.S or is […]
Drones launched at Saudi, Jordan and Iraq suggest Iran, or linked groups, may be testing US as it mulls new strategy. Published On 27 Jul 202627 Jul 2026 Saudi Arabia has reported intercepting drones that targeted oil facilities in its eastern province and Riyadh. Saudi’s Foreign Ministry said on Monday that it “reserves the right […]
Mammoet, a global leader in engineered heavy lift and transport sector, has announced a major investment in new lifting and transport equipment in Saudi Arabia with the deployment of seven Mercedes-Benz trucks, 60 Goldhofer conventional axle lines, Azobé crane mats, and a range of all-terrain and crawler cranes in the kingdom. The crane fleet comprises […]
The Company is establishing the first domestic production lines of modular HTS magnets KEARNY, N.J. — Thea Energy, Inc., a technology company advancing the stellarator for the commercialization of an abundant source of baseload fusion power, today announced the U.S. Department…
JEDDAH: As the world marks Desertification and Drought Day on June 17, global attention is focused on the future of rangelands, which cover more than half of the Earth’s land surface and support the livelihoods of around 2 billion people. This year’s theme, “Rangelands: Recognize. Respect. Restore,” highlights the urgent need to protect and restore […]
The Independent and Yahoo will earn a commission from purchases made via links in this article. Pricing and availability are subject to change. A prominent GOP senator is splitting with Donald Trump over his plans for a controversial nuclear agreement with Saudi Arabia, the latest sign that the White House’s Middle East policy is dividing […]
RIYADH — Saudi Arabia’s merchandise exports increased 3.9 percent in May 2026 compared with the same month last year, driven by a 19.5 percent increase in oil exports, according to the General Authority for Statistics (GASTAT). The report showed that the merchandise trade surplus also surged 328.8 percent year-on-year. Non-oil exports, including re-exports, declined 26.1 […]
Greek-operated Air Defence System Shoots Down Missiles Targeting Saudi Refineries Missile Attack on Saudi Refineries and Greek Response Incident Overview ATHENS, July 25 (Reuters) – An air defence system operated by Greek military personnel in Saudi Arabia intercepted two ballistic missiles launched from Yemen on Saturday towards oil refineries in Yanbu, Greek security sources told […]
