Saudi Aramco announced a surprise profit increase and higher forecasts for gas production as the kingdom attempts to boost ...

Innovaccer Inc., a leading healthcare AI and data company, today announced a strategic partnership with The Company for Cooperative Insurance (Tawuniya), one of Saudi Arabia’s largest and most trusted ...

Khazna Data Centers, Saudi Telecom Company (center3) and SDS Data Center rank among the leading data center operators by capacity across Middle East. Around $12 billion in new investments is expected ...

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 ...

Yasir Al-Rumayyan says $31.7 billion in FDI flowed into Saudi Arabia in 2024, up 24% year on year, as the kingdom deepens ...

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 ...

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 ...

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 ...

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 ...

The Saudi Arabia silica sand market offers promising opportunities in construction, glass, and foundry industries, fueled by ...