ACWA Power, ITOCHU Corp. Sign MoU At COP29 To Accelerate Global Clean Energy Transition
RIYADH: Saudi Arabia’s ACWA Power has entered into an agreement with Japan’s ITOCHU Corp. during COP29 to strengthen... Read more
OPEC Chief Tells COP29 Oil Is A Gift From God
BAKU: OPEC Secretary-General Haitham Al-Ghais on Wednesday told the COP29 climate summit in Baku that crude oil and natu... Read more
Saudi Arabia Leading Clean-energy Revolution With $180bn For Green Economy, Climate Tech: Agility
RIYADH: Saudi Arabia is accelerating its leadership in sustainability, committing over $180 billion to a green economy ... Read more
Saudi Economic Growth To Accelerate To 4.7% In 2025: Moodys
RIYADH: Saudi Arabia’s economy is set to grow by 1.7 percent this year, before accelerating to 4.7 percent in 2025 and... Read more
Oil Updates – Crude Heads For Weekly Loss As Chinese Demand Continues To Underperform
SINGAPORE: Oil prices fell on Friday on signs demand in China, the world’s biggest crude importer, continues to underp... Read more
Fortune Global Forum To Be Held In Riyadh In 2025
RIYADH: American football legend Tom Brady tossed a football to Saudi Arabia's General Secretariat of Council of Ministe... Read more
COP29: UN Secretary-General calls For Urgent Collaboration To Halt Catastrophic Climate change
RIYADH: UN Secretary-General Antonio Guterres emphasized the high stakes of climate inaction in a roundtable discussion ... Read more
Saudi Arabia Launches Company To Transform Asir Into Global Tourism Hub
RIYADH: Saudi Arabia’s Asir region has launched a new tourism venture through a partnership with the aim of creating... Read more
IMF, Saudi Arabia Announce New Annual Conference Tackling Global Economic Challenges
RIYADH: The International Monetary Fund and Saudi Arabia will jointly organize a high-level annual conference in AlUla t... Read more
Closing Bell: Saudi Arabias TASI Ends In The Red, Trading Volume Hits $2.95bn
RIYADH: The Tadawul All Share Index concluded the last session of the week at 11,791.18 points, down by 139.27 points or... Read more
IsDB, Multilateral Banks Aim For $120bn In Annual Climate Finance By 2030
RIYADH: Multilateral development banks are aiming to mobilize $120 billion annually by 2030 for climate financing in low... Read more
Leaders Stress Urgent Need For Climate Finance At COP29 Ministerial Dialogue
RIYADH: Global climate finance continues to fall short of expectations, as leaders gathered at the COP29 Ministerial Dia... Read more
IEA Sees 2025 Oil Market In Supply Surplus
LONDON: The world’s oil supply will exceed demand in 2025 even if OPEC+ cuts remain in place, the International Energy... Read more
Worlds Largest Green Hydrogen Plant On Track For 2026 Launch In Saudi Arabia, CEO Says
BAKU: The world’s largest green hydrogen plant, which is under construction in Saudi Arabia, is on-track to begin prod... Read more
Startup Wrap – Saudi VC Space Continues To Play Pivotal Role In SMEs Growth As Biban 24 Delivers Deals
RIYADH: Saudi Arabia’s venture capital ecosystem continues to boost the regional startup space, with one company plowi... Read more