OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a staggering $340 billion, the Wall Street Journal Reported on Thursday.

The report covers SVC’s role in fostering Saudi Arabia’s private capital ecosystem, contributing significantly to record ...

Saudi Arabia has announced a significant investment of at least $600 billion in the United States over the course of the next ...

Reed Smith is the latest law firm to secure a Saudi licence, joining a growing list of U.K. and U.S. firms already competing ...

Saudi Arabia and its quasi-sovereign issuers dominated the CEEMEA primary business in 2024 and look set to do so again in ...

Saudi Arabia is experiencing a boom in IPO activity, signaling the liberalization of its economy and a shift away from government-led privatizations that once dominated its investment market.

The establishment of the new facility comes as part of Saudi efforts to support and localise advanced industries within the Kingdom. Meanwhile, Simplex signed a memorandum of understanding (MoU) with ...

Saudi Arabia’s Derayah Financial Co. had demand for all shares in its up to 1.5 billion riyals ($400 million) initial public offering minutes after subscriptions opened in a deal kicking off ...

Saudi Arabia's focus on boosting its technology capabilities is positioning the kingdom as a model for economic ...

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 ...