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Saudi Arabia's sovereign wealth fund has invested over $1 billion in an American electric car manufacturer just weeks after Tesla CEO Elon Musk earlier claimed the kingdom would help his own firm go private......»»

Saudi Arabia started signing deals worth more than $50 billion in sectors including oil, gas and infrastructure at an investment conference in Riyadh on Tuesday......»»

Saudi Arabia signed deals worth more than $50 billion in oil, gas, infrastructure and other sectors at an investment conference in Riyadh on Tuesday, officials there said......»»

Saudi energy minister Khalid al-Falih announced on January 26 that the country is raising $427 billion in private sector investments, which will include roughly $36 billion for logistics infrastructure according to Reuters. read more.....»»

Neom officials visited Beijing, Shanghai, and Hong Kong in an attempt to court Chinese investors and shed more light on the $500 billion megaproje.....»»

Saudi Arabia's state-backed oil giant Aramco announced Sunday that its profits nearly halved in 2020 to $49 billion, a big drop that came as the coronavirus pandemic roiled global energy markets......»»

The kingdom's Public Investment Fund bought a $1.06 billion stake in Electronic Arts and a $1.4 bi.....»»

Saudi Arabia’s sovereign wealth fund has invested more than $3 billion in shares of video-game companies, according to 13F filings made with the United States Securities and Exchange Commission.  read more.....»»

Brookfield Infrastructure said Tuesday it is agreed to sell 100% of its North American district energy business Enwave in a deal with an enterprise value of $4.1 billion. The sale will be conducted in two transactions, with the O.....»»

Oil prices climb as Saudi Arabia pledges further production cut.....»»

Oil futures settled lower on Monday, pressured by concerns over weak demand even as Saudi Arabia pledged to cut 1 million barrels per .....»»

adznano3/Shutterstock Saudi Arabia is tripling its value-added tax (VAT) rate as part of its plan to save $27 billion amid a series of economic crises. VAT will.....»»

Saudi Arabia Runnin.....»»

Now that Russia, Saudi Arabia and other producers have decided to cut production of oil in the face of the global collapse in demand, some American companies want Texas and Oklahoma to follow suit......»»

Saudi Arabia's energy minister said on Monday that effective global oil supply cuts would amount to around 19.5 million barrels per day, taking into account the reduction pact agreed by OPEC+, pledges by other G20 nations and oil purchases into reserves......»»

Saudi Arabia's energy minister said on Monday that effective global oil supply cuts would amount to about 19.5 million barrels per day taking into account the reduction pact agreed by OPEC+, pledges by other G20 nations and oil purchases into reserves......»»

HOUSTON — The American oil industry may have dodged a bullet. Russia and Saudi Arabia — which only a month ago hoped to undercut American producers — have retreated from threats to pump more oil into the already-saturated market. .....»»

Republican U.S. senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and urged them to take concrete action to cut crude output......»»

Republican U.S. senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and urged them to take concrete action to cut crude output......»»

Saudi Press Agency via AP Saudi Arabia snapped up about $1 billion worth of stock in four European oil companies, T.....»»