Saudi Arabia’s Public Investment Fund and Aramco announced on Sunday the closing of a transaction in which Aramco, through a wholly owned subsidiary, acquires a 49% stake in HUMAIN, with PIF retaining 51% ownership.
من ملخص الناشر
تعرض سجال هذا العنوان وملخصا قصيرا للاطلاع، أما الخبر الكامل فيعود إلى الشرق الأوسط وهو متاح على الموقع الأصلي.
Saudi Aramco is to take a 49 percent stake in Humain as it pledges billions of dollars to accelerate the AI company’s global expansion. Humain, backed by the Public Investment Fund, was launched ahead of US president Donald Trump’s visit to Riyadh in May…
The UAE’s non-oil private sector continued expanding in October, with new orders picking up and businesses raising selling prices at a record pace to pass on higher operating costs.
Saudi Arabia’s non-oil private sector expanded for a seventh consecutive month in October, with output growth accelerating, although input cost inflation reached its highest level since June.
The UAE aims to plough billions of dollars into electricity generation, power networks and storage as it seeks to diversify its energy mix and strengthen supply security, energy minister Suhail Al Mazrouei said.
