Oracle has opened its second public cloud region in Saudi Arabia, located in Riyadh. This expansion is part of Oracle’s $1.5 ...

New public cloud region in Riyadh is part of Oracle’s $1.5 billion investment in KSA A third Oracle public cloud region in Saudi Arabia is planned for NEOM. Image Credit: Oracle Austin/ Riyadh ...

Saudi Arabia’s Public Investment Fund, led by Crown Prince Mohammed bin Salman, for a $1.5 billion investment. What Happened: Lucid Group said that the PIF affiliate will buy $750 million of ...

Enter the Saudi Arabia Public Investment Fund, which happens to own 60% of Lucid stock. The country’s sovereign wealth fund committed another $1.5 billion, with half coming in the form of a ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Saudi Arabia will allocate only a quarter of its $1 trillion strategic ...

Saudi Arabia initiated $1.3 trillion in real estate and infrastructure ... and boost the country’s appeal as a place for investment and tourism. The kingdom aims to draw in $100 billion in ...

In what Goldman Sachs Research calls a “capex super-cycle,” Saudi Arabia is expected to invest $1 trillion across six strategic sectors by 2030. But the oil industry is likely to receive a ...

Saudi Arabia is expected to put less money into the oil industry than initially predicted in its goal to invest $1 trillion in strategic sectors by the end of the decade. The Gulf kingdom will ...

Real Madrid star Vinícius Jr. has been offered a lucrative deal worth more than $1 billion to play ... Nassr – are majority owned by Saudi Arabia’s Public Investment Fund, the nation ...

In short: Lucid needs money. Enter the Saudi Arabia Public Investment Fund, which happens to own 60% of Lucid stock. The country’s sovereign wealth fund committed another $1.5 billion, with half ...