Archives

Saudi Arabia

Wed, 19 Jan 2022 07:07:26 GMT
PROJECTS: Saudi Jubail Port records business surge in Q4 2021
Rise in cargo and vessels

Wed, 19 Jan 2022 05:40:54 GMT
Dussur, Aramco and Doosan form JV to set up casting and forging facility in Saudi Arabia
The new facility would be located in Ras Al Khair Industrial City in the Kingdom's Eastern Province

Wed, 19 Jan 2022 05:30:15 GMT
Saudi Aramco signs slew of deals with South Korean companies
PIF signed preliminary deal to develop green hydrogen production project

Wed, 19 Jan 2022 05:24:14 GMT
UN envoy to Yemen in Riyadh for talks with GCC, Saudi officials
Hans Grundberg met with the GCC chief and the Saudi ambassador to Yemen

Wed, 19 Jan 2022 04:10:46 GMT
Saudi, Korean firms sign multiple business deals as countries partner on developing hydrogen economy
Under agreements signed during the visit, Seoul will be able to secure carbon-neutral hydrogen and ammonia supplies from the Kingdom

Tue, 18 Jan 2022 18:00:02 GMT
PROJECTS: Saudi's PIF, South Korea's Posco, Samsung C&T plan green hydrogen project
Feasibility study planned for export-oriented green hydrogen project in Saudi Arabia 

Tue, 18 Jan 2022 17:30:02 GMT
PROJECTS: 'Energy stability, emission reduction and circular carbon economy are key focus areas' - Saudi Energy Minister  
Countries should have the prerogative to choose the type of energy to achieve their goals, according to Prince Abdulaziz bin Salman

Tue, 18 Jan 2022 15:00:02 GMT
Aldrees shares up as it reports 46% rise in net profit in 2021
This came despite higher expenses and financial and Zakat charges

Tue, 18 Jan 2022 15:00:02 GMT
Saudi Arabia reports 5,873 new COVID-19 cases
The ministry added that the number of critical cases reached 454

Tue, 18 Jan 2022 14:41:31 GMT
Saudi-based glass maker’s IPO price set at $21 per share
The offering period will start on Jan. 30

Tue, 18 Jan 2022 14:30:02 GMT
JW Marriott Hotel Riyadh anticipated to bring classic luxury
Due to open in Q1 2022

Tue, 18 Jan 2022 14:29:28 GMT
Amana’s board approves capital raise
The Saudi listed company noted that the capital increase is subject to obtaining the approvals of the related regulatory authorities

Tue, 18 Jan 2022 14:22:46 GMT
New bottled drinking water Ival launched in Saudi Arabia
The company does not only aim to become the largest bottled drinking water company in the Kingdom of Saudi Arabia and the Middle East

Tue, 18 Jan 2022 13:12:22 GMT
Saudi's RSI to supply modular buildings to support Red Sea tourism project
Awarded $16mln contract by TRSDC to support construction of luxury hotels on Red Sea islands

Tue, 18 Jan 2022 13:00:01 GMT
Infor appoints sales director for Saudi Arabia
Islam Elberimbali as sales director for Saudi Arabia

Tue, 18 Jan 2022 12:46:49 GMT
Estidamah in drive to boost Saudi agriculture, food security
Embarked on a digital transformation drive

Tue, 18 Jan 2022 12:25:01 GMT
Saudi Arabia's BATIC announces its fourth smart parking concession in the kingdom
Subsidiary SCSC signs $13mln investment agreement for Downtown Buraydah

Tue, 18 Jan 2022 12:12:20 GMT
South Korea’s LG plans to make Riyadh its regional centre for the Middle East
Ken Jeong announced that LG plans to open its regional office in the Kingdom soon

Tue, 18 Jan 2022 11:00:02 GMT
Sipchem shares soared 142% last year as profits boomed, off to a good start in 2022: TASI movers
Heading into 2022, the petrochemical producer seems to be off to a good start

Tue, 18 Jan 2022 10:32:44 GMT
PIF-owned Saudi Company for Artificial Intelligence starts operations
SCAI will focus on priority sectors including energy and healthcare

Tue, 18 Jan 2022 09:30:01 GMT
WWE returns to Saudi Arabia for Elimination Chamber at Jeddah Superdome
Event will be first WWE bout since the second edition of Crown Jewel in Riyadh last October

Tue, 18 Jan 2022 08:30:02 GMT
Saudi Arabia, UAE, UK and US to continue joint efforts to support Sudan
Representatives of the quartet — Saudi Arabia, the UAE, Britain and the US — held a meeting at the Kingdom’s Ministry of Foreign Affairs in Riyadh to discuss developments in Sudan

Tue, 18 Jan 2022 07:39:28 GMT
Batic subsidiary secures $112mln smart parking deal in Saudi Arabia
25-year investment contract to include setting up of 8,000 parking spaces

Tue, 18 Jan 2022 07:34:37 GMT
India's CleanMax charts Middle East growth strategy
The company has set a target of 200 megawatts of distributed solar projects over the next two years, according to Co-Founder and CEO Sushant Arora

Tue, 18 Jan 2022 07:30:02 GMT
Bottled drinking water Ival launched in Saudi Arabia
The company does not only aim to become the largest bottled drinking water company in the Kingdom of Saudi Arabia and the Middle East, but It also aspires to excel in this sector by relying on a huge production capacity using its network of factories

Tue, 18 Jan 2022 07:30:01 GMT
Construction begins on Saudi desalination project
The plant will use clean energy and be developed under a public-private partnership

Tue, 18 Jan 2022 05:12:00 GMT
Saudi Arabia’s GACA chief, governor of Al-Jouf review Airport project in the region
The governor stressed the desire and will to overcome any obstacles and maintain the pace of work on the important project to finish it as scheduled

Tue, 18 Jan 2022 04:43:16 GMT
Coalition in Yemen destroys 8 drones targeting Saudi Arabia
Coalition launches airstrikes targeting Houthis in Sanaa after deadly Abu Dhabi attack and latest Kingdom attacks

Tue, 18 Jan 2022 04:30:01 GMT
Saudi Public Prosecution warns of harsh penalties for spreading rumors
This includes anyone who spreads false information on social media, especially lies that originate from hostile sources in other countries

Tue, 18 Jan 2022 04:23:55 GMT
SaaS funding: Saudi Arabia-based Lucidya secures $6mln
The company serves over 100 enterprise customers in more than 6 countries

Mon, 17 Jan 2022 14:21:43 GMT
Coalition destroys three drones near Saudi Arabia’s southern border: state TV
The bloc said some of the bomb-laden drones were launched from Sanaa International Airport

Mon, 17 Jan 2022 13:39:51 GMT
DGDA awards $1.1bln contract for super basement carpark
Approaching 1mln sqm in floor area

Mon, 17 Jan 2022 13:30:02 GMT
Mulkia Gulf REIT to distribute 2% dividends for Q4-21
To be distributed over 68.1mln existing units

Mon, 17 Jan 2022 13:30:02 GMT
Al Rajhi Bank closes offering of $1.7bln Tier 1 sukuk bonds
The settlement of the offering will take place on Jan. 23

Mon, 17 Jan 2022 12:04:32 GMT
PIF's new AI company launches operations
SCAI — wholly owned by Saudi Arabia’s Public Investment Fund — will support local firms as they develop AI solutions

Mon, 17 Jan 2022 11:21:45 GMT
Saudi SPIMACO to produce Swiss-firm’s medical treatment amid $64mln deal
The positive financial impact is expected to roll out on the company’s financial statements starting from 2023

Mon, 17 Jan 2022 09:41:20 GMT
Al-Rajhi Bank gets green light to complete acquisition of Ejada Systems
The completion process came as an extension to the bank of the future strategy, which was launched by Al-Rajhi Bank in 2020

Mon, 17 Jan 2022 09:30:02 GMT
World Bank favorably revises 2022 Saudi growth forecast to 4.9% on oil rebound
In its Global Economic Prospects report, the international organization upwardly revised the expansion rate by 1.6% compared to its June forecast

Mon, 17 Jan 2022 09:30:02 GMT
Two new firms to join Saudi Exchange’s parallel market on Tuesday
Alwasail Industrial Co. and AME Co. for Medical Supplies will debut their shares on Nomu, Saudi bourse’s parallel market

Mon, 17 Jan 2022 07:48:58 GMT
Saudi's Diriyah Gate awards its largest contract for 'Super Basement' carpark at Diriyah Square
$1.06bln contract awarded to Salini Saudi Arabia Company

Mon, 17 Jan 2022 07:21:53 GMT
Saudi's ACWA Power appoints chairman, vice chairman for board's new term
New three-year term kicks off this month

Mon, 17 Jan 2022 07:00:02 GMT
Sabic highlights Saudi mining sector in global summit
Sabic was a Founding Sponsor of the summit, organized by the Ministry of Industry and Mineral Resources

Mon, 17 Jan 2022 06:00:02 GMT
Sports ministry announces details of Saudi Tour 2022 in AlUla
16 international teams will participate over a total distance of 831.3 km in five stages

Mon, 17 Jan 2022 05:00:02 GMT
King Salman Global Academy for Arabic Language implements project to strengthen language policies
The project aims to train more than 1,000 employees in 20 ministries and government agencies, through 40 training courses

Sun, 16 Jan 2022 03:43:51 GMT
Saudi fintech joins battle for US retail investors
Quant Alpha platform offers artificial intelligence-powered software for investors

Sat, 15 Jan 2022 06:30:02 GMT
Saudi Arabia celebrates ‘Year of Saudi Coffee’ at Expo 2020 Dubai
A short film discussed the importance and status of coffee in Saudi society

Fri, 14 Jan 2022 14:07:04 GMT
No external interference in OPEC+ decision, Saudi energy minister says
Prince Abdulaziz pointed out that the OPEC+ policy has succeeded in providing the oil market with the supplies it needs at all times, Al Arabiya reported

Fri, 14 Jan 2022 12:30:01 GMT
PROJECTS: Saudi energy minister, Azerbaijan president, ACWA Power break ground on wind power project
$300mln project represents the first and largest foreign investment in Azerbaijan's renewable energy sector



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