Saudi Arabia will open an investment office in Miami, after the kingdom’s de-facto ruler pledged to boost US investment.

Saudi Arabia has introduced a new symbol for its local currency as part of efforts to establish the kingdom as a global ...

Riyadh: The Saudi Electricity Company (SEC) and ACWA Power have announced the signing of a Power Purchase Agreement (PPA) for the Qurayyah Independent Power Plant (IPP) Expansion Project with the ...

The Saudi Electricity Company (SEC) and ACWA Power have announced the signing of a Power Purchase Agreement (PPA) for the ...

Cenomi Centers has partnered with EVIQ to install fast-charging hubs for electric vehicles across its 22 lifestyle centers in ...

Geopolitical tensions continue to support gold prices despite talks between the US and Russia, and a potential phase two deal between Israel and Hamas. Click to read.

The projects align with the country's Vision 2030 initiative, which aims for a 50% renewable energy mix by the end of the ...

BYD Energy Storage and Saudi Electricity Company have signed contracts for the world’s largest grid-scale energy storage ...

China-based BYD Energy Storage has signed a contract with Saudi Electricity Company (SEC) for the world’s largest grid-scale ...

Following a report in January, BYD has now officially secured the 12.5 GWh battery energy storage system (BESS) supply deal.

SRC has already received government support in the form of an equity injection of Sr3.5bn ($933m) in 2021. The company has ...

Recently, BYD Energy Storage and Saudi Electricity Company successfully signed the world's largest grid-scale energy storage projects contracts with a capacity of 12.5GWh at the time. Combined with ...