The increase in corporate lending comes amid a marked shift in banks’ exposure to the public sector over the past 12 months, according to Capital Economics. The share of commercial bank credit to the ...

The project was estimated to cost around $1 trillion but new projections have seen this figure massively increase. Seemingly ...

S&P Global said the government’s commitment to infrastructure development, the rise of mega projects, and the expansion of ...

Saudi Arabia is still dependent on oil revenues, so weak crude prices may make it harder to fund its ambitious ventures such ...

Global construction giant Shapoorji Pallonji, one of the Middle East's most trusted main contractors, has announced a ...

Trump’s tariffs could give the kingdom the jolt it needs by crashing energy prices and making Chinese exports less competitive ...

DONALD Trump’s sweeping new tariffs could be the final nail in the coffin for Saudi Arabia’s Neom. The wildly ambitious, ...

In a major move to boost petrochemical output and capture a greater share of global markets, China Petroleum and Chemical ...

Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price ...

JinkoSolar has announced that it is to supply a total of 1.75GW of its N-type TOPCon Tiger Neo modules to two landmark PV ...

The wildly ambitious, scandal-plagued mega-city is now hurtling toward ... attempt to modernise the countryCredit: Reuters Saudi Arabia's NEOM project, despite its ambitious vision, has been ...

A centerpiece of the project is Neom, an as-yet sparsely populated mega-region in the desert ... both infamously costly endeavors. Saudi Arabia needs oil at more than $90 a barrel to balance ...