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Saudi’s Ma’aden signs blue ammonia supply deal with Taiwan Fertiliser Company

Saudi Arabian Mining Company (Ma’aden) announced  the signing of an agreement to supply blue ammonia to Taiwan Fertiliser Company (TFC), the first ever commercial shipment to Taiwan. The announcement, dated 8 March, was made on the company’s official twitter account. Additional details weren’t shared but Taipei-headquartered TFC is a producer of various types of fertilisers and […]

Saudi Arabia’s cement exports surge 67% in January 2023 – Aljazira Capital

Cement exports from Saudi Arabia surged 67.4 percent year-on-year to 638,000 tons in January 2023, Aljazira Capital said in its new report. In contrast, local sales for January 2023 stood at 4.29 million, falling 11.4 percent year-on-year and 2.5 percent per cent month-on-month. For 2022, domestic sales remained unchanged at 52.18 million tonnes, compared to […]

Saudi’s Beta Lab to invest in regional deep technology startups

Saudi Arabia has launched Beta Lab, a deep technology venture capital and co-creation studio, to focus on regional deep tech startups. The new platform was launched in partnership with the Saudi Ministry of Investment, Future Investment Initiative Institute (FII), KBW Ventures, and several global partners. The new studio will provide a range of services to […]