Saudi Arabia has been forced to scale back its $1.5trillion plans for a 106-mile linear desert megacity, according to reports, in a humiliating climb down for the kingdom. The Line - part of the ...
Saudi Arabia is reportedly poised to inject around $1 billion into the Reko Diq project, according to sources disclosed by Minute Mirror. The investment plan, part of a larger agreement, includes ...
[Stay on top of transportation news: Get TTNews in your inbox.] Lucid Group Inc. is getting a $1 billion cash injection from its biggest investor, an affiliate of Saudi Arabia’s Public ...
The PGA Tour plans to distribute about 80% of $930 million worth of initial player equity grants in its newly formed company, ...
Ayar Third Investment Co. will be able to convert preferred stock into about 280m shares Lucid is raising $1 billion in capital from an affiliate of Saudi Arabia's Public Investment Fund (PIF), it ...
Dublin, April 05, 2024 (GLOBE NEWSWIRE) -- The "Saudi Arabia Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors ...
Saudi Arabia’s Public Investment Fund (PIF) is planning a $40 billion fund to invest in artificial intelligence, The New York Times reported, citing sources familiar with the plans. This move would be ...
More venture capitalists may participate in the Kingdom’s AI fund Dubai: Saudi Arabia’s PIF is in talks to invest $40 billion (Dh146.9 billion) in artificial intelligence (AI) as the Kingdom ...
Lucid Motors is raising another $1 billion from its biggest financial backer, Saudi Arabia, as it looks to blunt the high costs associated with building and selling its luxury electric sedan.
Ceer awards major contract to build electric vehicle complex at King Abdullah Economic City in Saudi Arabia Saudi electric vehicle brand Ceer has announced the awarding of a SR5bn ($1.3b) contract for ...
Saudi Arabia plans to invest 142 billion riyals (US$38bil/RM176bil)) to turn the kingdom into a hub for esports by 2030, part of plans to diversify the economy of the world’s biggest oil exporter.