Business

The stellar success of blockbuster drugs like Ozempic, Wegovy, Mounjaro and Zepbound has companies eager to break into the lucrative weight loss drug market — here are the hopeful rivals preparing to challenge Eli Lilly and Novo Nordisk for dominance in t...

The Public Investment Fund, Saudi Arabia's sovereign wealth fund, has seen the total value of its assets spike 21% to $940.3 billion, the Sovereign Wealth Fund Institute (SWFI) reported in its latest update.

The 2024 bull run promises potential massive gains for investors willing to seek exposure to the right digital assets, for instance, meme coins and other

Saudi oil giant Aramco disclosed a profit of USD 121 billion for the year 2023, marking a decline from its record-breaking performance in 2022, attributed to reduced energy prices.

Aramco chief sees healthy global oil market throughout 2024 Oil giant may partner with MidOcean outside of Australia Discussions ongoing for Renault-Geely engines tie-up Looking at LNG opportunities in U.S. DUBAI, March 10 (Reuters) - Saudi A...

Dubai's non-oil sector rose to a five-year high in February, the highest level since May 2019, amid a significant surge in new order volumes, supported by healthy market conditions coupled with stronger sales efforts, a business survey showed Monday.

First Mills reported a 5.5% growth in revenues to $257.1 million (SAR 964.3 million) in 2023, primarily due to increased sales of flour

The Abu Dhabi Projects and Infrastructure Centre (ADPIC) announces the launch of 144 projects worth AED66 billion ($17.97 billion) across the emirate.

‘Business hubs such as Abu Dhabi Global Market have now been operating for a while and are on the radar screen of every entrepreneur as a potential destination where businesses can be established.’ (Reuters)

Several new venture capital funds were set to launch, it was announced during LEAP 2024, Kingdom’s highly attended startup and technology event. (Supplied)

An Instagram influences who had become close to the head of Saudi Arabia’s £500bn sovereign wealth fund received a multi million-pound fee from the takeover of Newcastle United despite not playing “any substantive role”, it has been alleged...

Saudi Aramco launched Aramco Marina on Saturday — the first station in the Kingdom to supply fuel to yachts and boats in the Kingdom — at the Jeddah Yacht Club on the Red Sea coast. (File)

Aramco plans to create a version with 1 trillion parameters by the end of this year.

RIYADH — Crown Prince and Prime Minister of Saudi Arabia Prince Mohammed bin Salman has announced the transfer of 8% of Saudi Aramco's total issued shares to companies fully owned by the Public Investment Fund (PIF). This significant move reduces the stat...

Agreement with the WEF will involve promoting the NDF’s position in the global development finance arena

RIYADH: Saudi Aramco raised the April’s official selling price for the flagship Arab light crude it sells to Asia, while differentials for Europe were trimmed, according to an official statment.