As Formula 1 prepares for this weekend’s Saudi Arabian Grand Prix, the kingdom is signaling ambitions that extend far beyond hosting a race.

Owning a Formula One team could be the next step for Saudi Arabia after sponsoring the sport and hosting a grand prix, according to the chairman of the kingdom's automobile and motorcycle federation.

International investment firm ewpartners in Saudi Arabia has unveiled an initiative to explore collaboration with Malaysia's ...

Nissan, long a pillar of Japan's automotive industry, is facing deepening financial troubles and is now turning to an ...

Since most patrons lingering by the clubhouse are accustomed to vast wealth and untrammeled power, Al-Rumayyan passed largely ...

Cairo: In just a few years, Saudi Arabia’s film industry has transformed into a rising star on the global cinematic stage, ...

Electric vehicle giant Tesla is set for an entry in the Saudi Arabian market on Thursday – a country where, on a ...

Electric vehicle sales in the kingdom totalled just 2,000 last year, according to Telemetry analyst Sam Abuelsamid, fewer ...

Minister of Environment, Water and Agriculture, and Chairman of the General Food Security Authority (GFSA) and Saudi Agricultural and Livestock Invest ...

Lucid Motors, another luxury electric vehicle manufacturer, headquartered in California, has had a deepening relationship with Saudi Arabia. The kingdom’s Public Investment Fund is one of Lucid ...

The Esports World Cup will return this summer to Riyadh with a record prize pool of more than $70 million, its organizer said ...

The venture capital arm of Saudi Arabia’s sovereign wealth fund and Peter Thiel’s Valar Ventures are jointly leading a $110 ...