The Gulf states are accelerating the decarbonisation of their energy sectors by investing heavily in renewable energy
Aramco will be a minority stakeholder in the venture while Geely and Renault are expected to retain equal equity stakes
The transaction expands Aramco’s lubricants business globally
Public and private sector enterprises are setting standards for digital excellence with the support of events such as LEAP2023
SABIC, which is majority-owned by Saudi Aramco, said average sale prices dropped 9 per cent from the previous quarter.
Emkan Capital’s technology fund will invest in pre-seed and seed-stage companies with high-growth potential
Mawani said the logistics park is expected to further boost its role as a key player in the national transportation ecosystem
The seven-week programme will be available exclusively through the University of Southern California
The sultanate’s historic decision is expected to shorten flights to some Asian destinations by more than two hours
The kingdom wants to use its energy windfall to accelerate projects that contribute to weaning it off a reliance on oil
The purchase was funded from Almarai’s internal cash flows
The new Murabba project will feature a museum, a technology and design university, a multipurpose immersive theater, and more than 80 entertainment and culture venues
The tournament will be held from December 12-22
The shipment of 137,000 cubic meters of LNG can produce enough electricity to supply approximately a quarter million German homes for a year
The transactions are part of the fund’s strategy to enable the kingdom’s strategic sectors
Saudi Tabreed currently manages 779,000 tonnes of refrigeration (TR) via contracts with major companies in Saudi Arabia
Rayyanah Barnawi and Ali Al Qarni will travel to the International Space Station during the second quarter of 2023
The fund will allocate an amount equalling the net proceeds of the issuance to fund eligible green projects in line with its Green Finance Framework
KPMG has allocated a dedicated co-investment fund for metaverse use-cases in Saudi Arabia to work together with public and private partners on expediting the technology for practical use
Started in 2016, Nana raised $18m from investors including venture capital fund STV and Middle East Venture Partners
Aramco has allocated $300m in additional funds to Wa’ed Ventures
The ADX-listed healthcare services provider signed a MoU with Leejam Sports Company to create a joint venture
Saudi Aramco increased most of its prices for crude that will be shipped to its main market of Asia in March
The Riyadh Front Exhibition & Conference Centre is set to host around 100,000 tech innovators
Former governor, Dr Fahd Al-Mubarak, takes on the role of adviser at the royal court
The agreements were signed at the Saudi-Omani Investment Forum being held in Riyadh
The first farm, to be built in Saudi Arabia, will have an annual production capacity of up to 1.1 million kgs of crops
Saudi Arabia has won the prestigious AFC Asian Cup championship on three occasions: 1984, 1988, and 1996
The kingdom’s real GDP grew by 5.4 per cent during the fourth quarter of 2022
The two entities aim to assist in the transition towards greater food security and water conservation in the kingdom and GCC