Aramco, Taulia, SIDF join forces for key supply chain financing solution
Aramco, a global leader in integrated energy and chemicals companies based in Saudi Arabia, and Taulia, a SAP company and leading FinTech provider of working capital management solutions – supported by the Saudi Industrial Development Fund (SIDF) as one of the key finance providers of the domestic industrial sector – have signed agreements to establish […]
Saudi Arabia will maintain crude capacity as it develops renewables, energy minister tells FII8
Saudi Arabia is committed to keeping its crude oil capacity at 12.3 million barrels per day, despite a shift to renewable power, according to the Kingdom’s energy minister. During a speech on the first day of the Future Investment Initiative taking place in Riyadh from Oct. 29 to 31, Prince Abdulaziz bin Salman set out […]
Saudi Arabia exceeds HQ target with 540 international firms in Riyadh, says Al-Falih
Saudi Arabia attracted 540 international companies to establish their regional headquarters in Riyadh, ahead of a 2030 target of 500, according to Khalid Al-Falih, the Kingdom’s minister of investment. Speaking at the eighth Future Investment Initiative summit in Riyadh on Oct. 29, Al-Falih said that Saudi Arabia’s economic growth and investment landscape continues to remain […]