Riyadh just unveiled its long-awaited metro system, and it’s a big deal. The $22.5 billion project is the first underground ...

Researcher says he raised concerns that project could change rain patterns and amplify wind and storms in desert areas ...

Riyadh -- The Saudi Investment Recycling Company (SIRC), a wholly owned subsidiary of the Public Investment Fund (PIF), has ...

Experts often talk about the oil price Saudi Arabia needs to balance its budget, but it has time and space to rely on debt, ...

Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...

The Trump Organization agreed to partner on a real estate project in Qatar in the latest of a series of projects tied to ...

Saudi Arabia’s National Water Company (NWC) is set to award the Engineering, Procurement and Construction (EPC) contract for the Al Suwayriqiyah and Al Aqiliyah Water Networks and Lines, Main Pumping ...

Aiman al-Mudaifer was appointed acting chief executive in November following the abrupt departure of Nadhmi al-Nasr, who led the $500bn mega project for six years but faced increasing scrutiny over ...

RIYADH] Saudi Arabia’s deficit widened significantly to US$15.65 billion in the first quarter of 2025 from US$3.30 billion a ...

In Saudi Arabia, several initiatives dubbed “giga-projects” are key to the country’s Vision 2030 plan. That includes the futuristic city of NEOM, intended to be a hub for everything from ...