The seaborne flow of oil soared last month as the world’s three largest exporters of cargoes — Saudi Arabia, Russia and the ...
Saudi officials announced that Microsoft invested $2 billion to build a cloud storage facility in the kingdom — and activists are warning that the move could pose danger to users’ personal data. The ...
Saudi Aramco reported net income of $25.50 billion during the second quarter compared with $6.60 billion the year before on higher oil prices and stronger refining and chemical margins. Free cash flow ...
Saudi Arabia’s Neom, the megacity being developed on the Red Sea coast, secured a $5 billion investment from a local firm to establish an AI data center. The deal with Saudi-based DataVolt will see ...
RIYADH, Feb 1 (Reuters) - Saudi Arabia has begun using data gathered directly from company and investor financial statements to calculate foreign direct investment (FDI) as part of a push to modernize ...
KSA-based investment firm Merak Capital has put US$1.2 million behind Bynow, a Saudi fintech startup developing digital ...
Investing.com -- Saudi Arabia’s new artificial intelligence company, Humain, has started construction on its first data centers in the kingdom, with plans to have them operational in early 2026 using ...
Saudi Aramco reported second-quarter net income of $23 billion, down 22% year on year and 13% sequentially, on lower oil prices. Gearing increased to 6.5% from 5.3% at the end of last quarter and ...