Saudi Arabia

Industrials

Saudi Arabia Invests $100 billion in Mining

Photo by Dominik Vanyi via Unsplash

The focus will be on mining earth metals including lithium, zinc, copper and nickel, all crucial metals for battery-making.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by Gage Skidmore via CC BY-SA 2.0 and Kremlin.ru via CC BY 4.0

Geopolitics

Saudi Arabia Pulls Back as Trump Reemerges on World Stage

Saudi Arabia’s Mammoth Public Investment Fund Turns Inward Just As One of the Country’s Top Allies Reclaims the White House.

6 min read
Photo by Vadim Nefedov via iStock

Economics

Saudi Arabia’s Sovereign Wealth Fund is Homeward Bound

Saudi Arabia’s Public Investment Fund (PIF) signaled on Tuesday that it’s dialing down its investments outside the kingdom’s borders.

2 min read
Photo by Tom Fournier via Pexels

Energy

Saudi Arabia Gives Up Trying to Drive Oil Higher

Saudi Arabia, the biggest and most influential member of OPEC, is abandoning its goal of driving the price of an oil barrel up to $100.

2 min read

Investments

White House Readying US Sovereign Fund Proposal

Photo by Andy Feliciotti via Unsplash

White House officials are drafting plans to start a sovereign wealth fund that could invest in national security interests.

2 min read

Photo via Fisker Inc.

Electric Vehicles

EV Maker Fisker Folds in a Troubled EV Market

Fisker, the electric vehicle startup, filed for Chapter 11 bankruptcy Tuesday. The real surprise is that it stuck around as long as it did.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos via NEOM Newsroom, Dan Lundberg via CC BY-SA 2.0, Palácio do Planalto via CC BY 2.0, and Loriski via CC BY-SA 3.0

Industries

When Will the Future Cities Get Here?

We check in on two planned smart cities in Saudi Arabia and Guyana to see if the future is any closer to arrival.

5 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by EKSRX via CC BY 2.0 and Upklyak via Freepik

Geopolitics

My Kingdom for a Sport: Saudi Arabia Goes All in on Athletics

Why is Saudi Arabia spending a king’s ransom on sports? The Middle East powerhouse doesn’t care if you call it sportswashing.

6 min read

International Economics

Saudi Arabia Now Top Among Sovereign Wealth Fund Spenders

Photo by Ekrem Osmanoglu via Unsplash

A report released Monday by data platform Global SWF showed sovereign wealth spending in 2023 dropped 20% from the previous year.

1 min read

Media & Entertainment

The Saudis Elbow-Strike Their Way into MMA

Image Credit: iStock, PaSta77

1 min read
Markets

SoftBank’s Plans for Arm Revive IPO Interest Among Tech Peers

(Photo Credit: Miki Yoshihito/Unsplash)

2 min read
Energy

Saudi-led Bloc Blocks G20 Fossil Fuel Deal

Photo by Chris LeBoutillier on Unsplash

2 min read

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