At Saudi Aramco’s Jafurah field, another 15trln standard cubic feet of gas reserves proven
An additional 15 trillion standard cubic feet of gas have been proven at Saudi state oil company Aramco’s Jafurah field, Energy Minister Prince Abdulaziz bin Salman said on Sunday. Reserves at Jafurah have reached 229 trillion cubic feet of gas and 75 billion barrels of condensates, Prince Abdulaziz said in a statement on state news […]
Saudi Arabia launches ‘Saif Al-Salam 12’ field maneuvers in northern region
The “Saif Al-Salam 12” field maneuvers have commenced in Saudi Arabia’s northern region on Sunday, marking a significant collaboration between the Saudi military forces, the Ministries of Interior and National Guard, and the Presidency of State Security. Ali Al-Ali, the official spokesperson for the maneuvers, detailed that the exercises will encompass a wide array […]
Saudi Arabia refutes claims of meeting between Minister and Israeli official
An official Saudi source refuted claims circulating on social media about a supposed meeting between the Saudi Minister of Commerce Dr. Majid Al-Qasabi and an official from the Israeli occupation. The source clarified that the video in question was taken while Al-Qasabi was with the Nigerian Minister of Commerce, just before the commencement of […]
Saudi Arabia at UNHRC: What rights are we talking about while Gaza is under the ashes?
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan warned on Monday against the catastrophic repercussions of Israeli threats to attack Rafah, the last refuge for hundreds of thousands of Palestinians as a result of forced displacement by the Israeli occupation army. He renewed the Kingdom’s call for an immediate ceasefire, paving the way […]
Jeddah Historic District Program inks deal with Al Balad Development
The Jeddah Historic District Program, under the patronage of the Saudi Ministry of Culture, has signed an agreement with Al Balad Development Company, a PIF Company, to operate heritage hotels in the Jeddah Historic District. The move aims to develop the tourism sector in the area, enhance the level of services provided to tourists and […]
Saudi’s Tejoury opens new regional headquarters in DIP
Tejoury, a Saudi company specialising in records management, digital transformation, and business process outsourcing, has unveiled its new regional hub in Dubai Investments Park (DIP) as it expands its reach in the region. With a facility spanning over 5,000 sq m, Tejoury’s headquarters is poised to deliver top-tier document management solutions, ensuring security and efficiency […]
EVA Pharma breaks ground on state-of-the-art complex in KSA
EVA Pharma has recently broke ground on its state-of-the-art pharmaceutical research and manufacturing complex in Sudair, the first of its kind in KSA, and the opening of its Riyadh office. Consulting and planning company io is responsible for the concept design of the complex with a vision for a greener and more sustainable future. With […]
Saudi’s PIF starts selling 7-year Islamic dollar bonds, document says
Saudi Arabia’s sovereign wealth fund has started selling a senior 7-year Islamic dollar bonds, according to an arranging bank document reviewed by Reuters on Tuesday. The initial price guidance for the debt sale has been placed around 115 basis points over U.S. Treasuries, the document said.
Number of factories in Saudi increased by 10% in 2023: minister
According to the Ministry of Industry and Mineral Resources, the number of factories in the Kingdom increased by 10% in 2023; 11,549 factories were operating by the end of the year. Also last year, 1,379 new industrial licenses were issued, with SAR81 billion in investments, and production started in 1,058 new factories, with SAR45 billion […]