PIF-backed Lucid Motors delivers 300 EV units in April, to launch Air Pure later this year, CEO says

JEDDAH: US-based electric vehicle manufacturer Lucid Motors delivered 360 cars to consumers during the first quarter of 2022. In contrast,...

Saudi Tadawul forms Shariah Advisory Committee

RIYADH: Saudi Arabia's stock exchange will establish a Shariah Advisory Committee tto expand its offering to cover new Shariah-compliant investment...

JIMCO Technology Fund joins a $1.8bn funding round for fusion energy

The Saudi-based Jameel Investment Management Co. has participated in a $1.8billion funding round for a US fusion energy company, it...

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