Headline
PIF and Goldman Sachs Investment Partnership
RIYADH: A significant partnership was established between the Public Investment Fund (PIF) and Goldman Sachs Asset Management with the signing of a non-binding memorandum of understanding in Riyadh. This agreement positions the PIF as an anchor investor in new private...
HAALA Energy Secures $7.6M for Solar Expansion
HAALA Energy, a solar developer based in Saudi Arabia, has successfully secured SAR 28.5 million (USD 7.6 million) in a...
Saudi Arabia’s New Aviation Industrial City
Saudi Arabia has launched its first aviation industrial city in Jeddah, covering an area of 1.2 million square meters within...
Lulu Retail’s Solar Energy Milestone
Lulu Retail has successfully completed its inaugural solar project in Saudi Arabia, located at the Riyadh Central Warehouse. This significant...
Lenovo’s New Saudi Manufacturing Hub
Riyadh – Alat, a pioneering company in global industrial transformation, and Lenovo, a leading technology firm, have officially commenced construction...
TrinaTracker’s New Saudi Factory Boosts Localization
TrinaTracker, a subsidiary of Trinasolar Co. Ltd, is set to launch a new manufacturing facility in Saudi Arabia, scheduled to...
Saudi Arabia’s Historic Energy Storage Project
The Saudi Electricity Company (SEC) has partnered with China's BYD Energy Storage to construct the world's largest grid-scale energy storage...
Mining
Future Minerals Forum Secures $28.5B Deals
The recent Future Minerals Forum in Saudi Arabia concluded with a remarkable achievement, securing agreements worth US$28.5 billion. Over three...
