The Esports World Cup will return this summer to Riyadh with a record prize pool of more than $70 million, its organizer said ...

Electric vehicle giant Tesla is set for an entry in the Saudi Arabian market on Thursday – a country where, on a 900-kilometer (559-mile) stretch of ...

US electric vehicle maker Lucid Motors, majority-owned by Saudi Arabia’s Public Investment Fund (PIF), has raised $1.1 billion in new funding to repay existing debt. The EV maker has received $1.1 ...

Tesla will face competition in the Saudi market from Chinese carmakers, whose models are popular with locals, as well as Lucid, which opened a final-assembly plant in the Kingdom in September 2023.

International investment firm ewpartners in Saudi Arabia has unveiled an initiative to explore collaboration with Malaysia's ...

Electric vehicle sales in the kingdom totalled just 2,000 last year, according to Telemetry analyst Sam Abuelsamid, fewer ...

FSG expanded their portfolio in January 2024 when spearheading a consortium to invest an initial $1.5 billion - potentially ...

Saudi Arabia is still dependent on oil revenues, so weak crude prices may make it harder to fund its ambitious ventures such ...

The infrastructure sector is fertile ground for dealmakers and the sector was highly active for investment bankers.

It's been almost two years since the PGA Tour and PIF signed a framework agreement to reunify the sport, but the two sides ...

LIV Golf, which is backed by Saudi Arabia’s Public Investment Fund, has been a point of controversy since it made its splash ...

The PGA Tour has rejected a $1.5 billion reunification offer from Saudi Arabia’s Public Investment Fund. The Guardian was the ...