Oil Prices Plunge Over 7% in Monday’s Trading

New York:Oil prices fell more than 7% at settlement on Monday. Brent crude futures settled $8.66, or 7.63%, lower at $104.77 a barrel. US West Texas Intermediate (WTI) crude fell $7.66, or 7.36%, to $96.46 a barrel.

According to Saudi Press Agency, …

PIF and Aramco Finalize HUMAIN Transaction to Boost AI Growth

Riyadh:The Public Investment Fund (PIF) and Aramco have announced the completion of a transaction through which Aramco, via a wholly owned subsidiary, has acquired a 49% stake in HUMAIN. PIF retains a 51% ownership in the company.

According to Saudi…

Haramain Railway Spurs Investment Opportunities in Madinah Region

Madinah:Rising passenger traffic on the Haramain High Speed Railway is creating investment opportunities in the Madinah Region across various sectors including transport, hospitality, tourism, commerce, and logistics.

According to Saudi Press Agency…

Sport Minister Inaugurates Mahd Sports Academy’s New Facilities

Riyadh:Minister of Sport and Chairman of the Board of Directors of Mahd Sports Academy, Prince Abdulaziz bin Turki bin Faisal, has inaugurated the academy’s main building and athlete residence. This initiative aims to support the identification and de…

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