Reuters
Exclusive: Saudi Arabia plans to refocus $925 billion fund after gigaproject delays, source says
New focus shifts away from real estate gigaprojects, source says Wealth fund PIF to focus on logistics, minerals, AI, source says PIF strategy update expected "very soon", PIF governor says RIYADH, ...
End of The Line? Saudi Arabia pauses plan for wildly ambitious 100-mile long megacity in the desert
The Line - Plans for the ambitious megacity have been halted again. Saudi Arabia originally said in 2021 that the full ...
The Asset
Saudi water pipeline project reaches financial close
The Jubail-Buraydah Independent Water Transmission Pipeline Project in Saudi Arabia, estimated to cost 8.5 billion riyals ...
Reuters
Saudi Arabia in talks with US for defence pact, FT reports
Oct 17 (Reuters) - Saudi Arabia is discussing a defence deal with the United States which it hopes to seal when Crown Prince Mohammed bin Salman visits the White House next month, the Financial ...
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Saudi Arabia plans to refocus $925 billion fund after gigaproject delays, source says
RIYADH (Reuters) -Saudi Arabia is preparing to shift its $925 billion sovereign wealth fund away from a focus on real estate gigaprojects that have dominated its development goals for the last ...