US electric vehicle maker Lucid Motors, majority-owned by Saudi Arabia’s Public Investment Fund (PIF), has raised $1.1 billion in new funding to repay existing debt. The EV maker has received $1.1 ...

Tesla will face competition in the Saudi market from Chinese carmakers, whose models are popular with locals, as well as Lucid, which opened a final-assembly plant in the Kingdom in September 2023.

The company will showcase its model lineup, plus prototypes of its Cybercab and the humanoid robot Optimus, at a launch event ...

Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after a plunge in crude prices, complicating plans to fund an ambitious agenda ...

Electric automaker Lucid Group, backed by Saudi Arabia’s Public Investment Fund (PIF), has closed its offering of convertible ...

For now, there's another tradition unlike any other at the Masters: The first opportunity in nine months for all the world's ...

In a ground-breaking move, ShopUp, Bangladesh`s largest B2B commerce platform, and Sary, the leading B2B marketplace and ...

Even Donald Trump, with his pathological fixation on television ratings, appears incapable of reviving the hollowed-out husk ...

Jon Rahm and Bryson DeChambeau are getting a rare chance to compete against all the best players. That's where the world of golf is at the moment with the PGA Tour and Saudi-backed LIV Golf unable to ...

Augusta National has no plans to offer LIV Golf players a direct qualifying path to the Masters like those available to the ...

The Trump administration’s sweeping changes to U.S. tariff policies and subsequent market plunges have wiped out roughly $169 ...

SILQ Group, a newly established commerce platform, has secured $110 million in a funding round led by Sanabil Investments, ...