The world’s poorest economies are receiving only a fraction of the investment pouring into artificial intelligence, semiconductors, clean energy and critical minerals, UN Secretary-General Antonio Guterres warned on Sunday, urging governments and investors to…
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Saudi Arabia’s Acwa and US-based EIG Management Co. have launched a joint venture named Plenum Power, targeting an initial equity commitment of $4 billion for US power generation and energy storage investments.
Oman has opened new areas for mineral exploration to international investors as it seeks to attract foreign capital and reduce its dependence on oil and gas revenues.
SABIC’s largest investment in China, the Fujian petrochemical complex, is on track for startup in the fourth quarter of 2026 after three plants completed trial runs, the company’s CEO said.
Saudi Arabia’s domestic non-oil exports increased by 8.5 percent year-on-year in August 2026, despite an overall decline in merchandise exports, according to the General Authority for Statistics (GASTAT).
