PIF Signs MoU with I Squared Capital for Up to $2 Billion Saudi Infrastructure Investment
PIF and I Squared Capital signed a $2B MoU to invest in Saudi digital infrastructure and district cooling, supporting Vision 2030 goals.
Saudi coverage on economic updates, market moves, and major projects linked to Vision 2030.
Saudi Arabia's Unemployment Rate Falls to 3.1% as Labor Market Strength Continues
Saudi Arabia's unemployment rate declined to 3.1% in the first quarter of 2026 as Saudi and female unemployment fell
Saudi Arabia's Trade Surplus More Than Doubles to SAR 25.4 Billion in April
Saudi Arabia's trade surplus rose to SAR 25.4 billion in April as oil exports increased and imports declined despite regional geopolitical tensions.
Saudi Wholesale Inflation Climbs to Highest Level Since 2022 on Chemical Price Surge
Saudi wholesale inflation accelerated to 4.6% in May, the highest level since October 2022, driven by a sharp rise in chemical
Kingdom Holding Says SpaceX Stake Rises to $6.83 Billion Following Historic Nasdaq Debut
The company disclosed that it currently holds 42,408,860 Class A common shares of SpaceX.
Saudi Stocks Close Above 11,000 Points as Aramco and ACWA Power Support Gains
Advancing Shares Outnumber Decliners While Trading Value Approaches SAR 5 Billion
Saudi Arabia Cuts July Oil Prices to Asia While Crude Premiums Remain Near Multi-Decade Highs
Saudi Aramco lowered the July price of its flagship Arab Light crude by $6 per barrel, setting the grade at a premium of $9.50 per barrel
PIF and Talaat Moustafa Explore Real Estate Partnerships to Support Saudi Urban Development Goals
The MoU aligns with PIF's broader efforts to expand its Urban Development and Real Estate Ecosystem, one of six strategic economic ecosystems
Aramco and Insilico Launch AI Platform to Accelerate Discovery of Advanced Materials for Hydrogen and Clean Energy
The announcement highlights how major energy companies are rapidly expanding beyond traditional oil and gas operations into AI-driven materials
HUMAIN Announces Two Strategic AI Partnerships in One Day - Accenture and McKinsey to Operationalize Artificial Intelligence Across Saudi Arabia's Public and Private Sectors
HUMAIN Signs Strategic AI Partnerships with Accenture and McKinsey on Same Day to Scale Enterprise AI Across Saudi Arabia
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