Saudi Arabia’s PIF, SEC set up EV infrastructure company. The wealth fund will hold a 75 per cent shareholding in the company, while the SEC will own the remaining 25 per cent stake .

Ray Dalio, the billionaire founder of the world's largest hedge fund Bridgewater Associates, is set to open a new investing outpost in Saudi Arabia, The Post has learned.

Saudi Electricity Company (SEC) has invited bids from leading utility developer/developer consortium for the setting up of 380kV substations as well as overhead transmission lines in major areas ...

RIYADH, Saudi Arabia — President Trump signed off on the largest defense sales agreement in history, worth $142 billion, on his first full day in Saudi Arabia Tuesday — part of a series of ...

Saudi Electricity Company, Acwa Power and Korea Electric Power Corporation (Kepco) have signed a SAR15 billion ($4 billion) power purchase deal with Saudi Power Procurement Company (SPPC) for two ...

On March 7, President Donald Trump announced Saudi Arabia's commitment to invest $1 trillion into the U.S. economy. On March 7, ... leaving less room for local industry and talent.