US emerges as largest greenfield investor in Saudi Arabia in H1 2025
The United States emerged as the top source of greenfield foreign direct investment (FDI) in Saudi Arabia in the first half of 2025, accounting for 61 projects valued at $2.7 billion
A total of 22.2723% of the total issued shares has been offloaded to Emirates Power Investment, making Dubai Holding group the largest shareholder in the company, the Burj Khalifa developer confirmed on Monday.
The portfolio acquisition comprises a multifamily community in New Jersey, and two senior housing properties in Orange County, California and Long Island, New York.
The agreement covers the construction and operation of a 360-kilometre railway linking the mining areas of Al-Shidiya and Ghor Al-Safi in Jordan to its Aqaba port.
