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.
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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…
Oil prices climbed more than 1 percent on Wednesday after an attack on a refinery in Saudi Arabia renewed concerns around supply risks from the major exporter. Brent crude futures gained $1.59, or 1.4 percent, to $115.47 a barrel as of 07:35 a.m. Saudi time.
Oil prices rose in early Wednesday trading after Yemeni Houthi militants claimed to have struck Saudi Arabia’s biggest refinery and Abha International Airport, raising concerns about potential supply disruption.
