The Saudi Electricity Company (SEC) signed a memorandum of understanding (MoU) with Hitachi Energy to adopt advanced technology for electrical switches and circuit breakers that are free from sulfur ...

KSA enterprises are ready to embrace AI, with 75% surveyed already hosting core business functions on cloud, but only 64% are ...

Saudi Arabia reasserted its support for an independent state for Palestinians and warned it would not forge diplomatic relations with Israel after President Trump floated the U.S. taking over the ...

President Trump wants to broker normal ties between Saudi Arabia and Israel, but his proposal to transfer Palestinians out of Gaza just made that a lot harder. By Ismaeel Naar Vivian Yee and Toqa ...

Saudi Arabia said it would not establish ties with Israel unless a Palestinian state is created, shooting down U.S. President Donald Trump's claim that the Saudis were not demanding a Palestinian ...

Notable companies include Ceer, the first Saudi electric car brand, and Lucid Motors, which opened its first international factory in KAEC in 2023. It will also host several PIF joint projects with ...

SERA’s Board of Directors confirmed the continuation of its meeting with the Saudi Electricity Company’s Board of Directors to oversee efforts to restore electrical service to the affected subscribers ...

In a statement, the Saudi Energy Ministry said the agreement was signed between the Saudi ACWA Power and Germany’s SEFE Energy Company on Monday evening. Under the MoU, the partners will ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

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Notable companies include Ceer, the first Saudi electric car brand, and Lucid Motors, which opened its first international factory in KAEC in 2023. It will also host several PIF joint projects with ...