NEOM opens London office as base for UK, European business
NEOM, the sustainable regional development taking shape in northwest Saudi Arabia, has opened its first international office in London, UK, which will serve as a base for its business across […]
Saudi Arabian petrochemical giant SABIC reports Q3 net loss
Saudi Basic Industries Corp (SABIC), one of the world’s biggest petrochemical companies, on Thursday posted an almost 17 per cent fall in third-quarter revenue and a net loss. In a […]
Democrance expands footprint in Saudi Arabia
Democrance, the global InsurTech firm with a mission to make insurance accessible and affordable for those who need it most, has announced a bold expansion strategy in Saudi Arabia following […]
Aramco & ENOWA to establish synthetic e-fuel demonstration facility
Saudi Aramco, a global integrated energy and chemicals company, and ENOWA, NEOM’s energy and water company, have signed a joint development agreement to construct and establish a first-of-its-kind synthetic electro-fuel […]
PIF, Hyundai to build $500m high-tech car manufacturing plant in Saudi Arabia
In a groundbreaking development aimed at transforming Saudi Arabia’s automotive landscape, the Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) have officially signed a joint venture agreement to establish […]
Saudi Arabia & Singapore elevate relations to ‘Strategic Partnership’
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia has elevated the relations to a strategic partnership with Singapore. In […]
Elm & NeXplain Solutions to foster technological and consulting services
Elm, a leading digital solutions company, has signed a memorandum of understanding (MoU) with NeXplain Solutions, a Spanish company that specializes in providing smart business solutions and digital consulting. The […]
Saudi: SIRC, Edama enter partnership on organic waste management, Desert Agriculture Development
The Saudi Investment Recycling Company SIRC, wholly owned by the Public Investment Fund (PIF), entered into a strategic partnership with Edama Organic Solutions, the leading company in sustainable management solutions […]
New CEO to head Franklin Templeton’s Saudi entity
US-based Franklin Templeton, a global leader in asset management, has appointed Muneera H AIDossary as Chief Executive Officer for Franklin Templeton Financial Company, a new entity being established in Saudi […]
PIF announces new investment company to boost Saudi car industry
A new investment company tasked with developing local supply chain capabilities for the automotive and mobility industry in Saudi Arabia has been announced by the Kingdom’s Public Investment Fund. Tasaru […]