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.
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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.
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).
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…
Saudi Arabia accounts for around 54 percent of the total assets under management within the investments and partnerships sector of The Arab Energy Fund, which is studying new investment opportunities in the Kingdom and the region.
