Saudi Arabia’s Dur inks final partnership deal to build hotel in Riyadh
Saudi Arabia’s Dur Hospitality Company has inked a final partnership agreement with Smart Zone Real Estate Company, wholly owned by Saudi Telecom Company (STC), to set up a special-purpose vehicle […]
Saudi Telecom’s Q1 net profit edges up on higher revenues
Saudi Telecom Company (STC), the kingdom’s biggest mobile operator, said net profit for Q1 2023 edged up to 3.11 billion ($829 billion) on the back of higher revenues. The net […]
Saudi-Korean investment tour launches to introduce opportunities in transport, logistics
The “Saudi-Korean” tour to introduce investment opportunities in transport and logistics launched on Tuesday in Seoul, the capital of the Republic of Korea in the presence of Minister of Transport […]
Saudi Railway Company says number of passengers on its trains doubled during Q1
The Saudi Railway Company (SAR) announced that the total number of passengers on the Kingdom’s rail network has reached 2,221,225 during the first quarter of 2023, indicating an increased rate […]
Saudi Aramco to supply full oil volumes to some Asian refiners in June – sources
Saudi Aramco has told at least five customers in North Asia they will receive full nominated volumes of crude oil in June, several sources with knowledge of the matter said […]
Olam Agri’s Singapore-Saudi $1bln dual listing may launch as early as June – sources
Agri-food giant Olam Group aims to launch in June the dual initial public offering (IPO) of its agricultural unit that could raise up to $1 billion in Singapore and Saudi […]