Saudi Aramco to acquire 10% stake in China’s Rongsheng Petrochemical
Saudi Aramco has signed definitive agreements to acquire a 10 percent stake in Shenzhen-listed Rongsheng Petrochemical Co. (Rongsheng) for $3.6 billion (24.6 billion Chinese Renminbi), fortifying its presence in China’s […]
Investment Minister: Saudi Arabia is one of the most attractive markets for investment
The Investment Minister, Khalid Al-Falih, has emphasized that the Kingdom of Saudi Arabia has made significant progress in implementing its ambitious Saudi Vision 2030, having already achieved half of its […]
Saudi may privatise 300 public units
Oil giant Saudi Arabia is considering privatising nearly 300 public institutions within plans to expand the private sector’s role in the domestic economy, the Kingdom’s Finance Minister has said. Mohammed […]
NEOM ends successful KSA tour in Riyadh showcasing investment opportunities, government and industry leaders
Discover NEOM, the nationwide tour that has traveled the Kingdom highlighting the array of investment opportunities being offered by the Vision 2030 giga-project, made its last stop of its […]
Bahri inks non-binding MoU with Suez Canal Authority for cooperation in establishing a joint venture
Driven by its commitment to exploring regional cooperation horizons to achieve its growth objectives and enhance its global position, Bahri, the national shipping company of the Kingdom of Saudi […]
Saudi Jarir inaugurates $5.86mln showroom in UAE
Jarir Marketing Company (Jarir Bookstores) launched its first new showroom in 2023 in the UAE at a total investment of SAR 22 million, according to a bourse filing. Located in […]
Saudi SABIC Agri-Nutrients’ 2022 net profit nearly doubles on higher sale prices, volume
Saudi Arabian fertilizers maker SABIC Agri-Nutrients Co.’s full-year 2022 net profit nearly doubled to 10 billion riyals ($2.7 million) as the company sold more products for higher prices. The net […]
Saudi Exchange signs MoU with Saudi Venture Capital Company
The Saudi Exchange signed a Memorandum of Understanding (MoU) with Saudi Venture Capital Company (SVC) on the second day of the annual Saudi Capital Market Forum 2023, held […]
Air Products is Platinum Sponsor at iktva 2023 Forum and Exhibition
Air Products (NYSE: APD) a world leader in industrial gases and hydrogen megaprojects, is a platinum sponsor of this year’s iktva Forum and Exhibition, taking place between 30th January and […]
Signings worth $7.2bln at 7th iktva Forum as Aramco Digital Company launched
Aramco signed over 100 agreements and MoU’s, valued at around $7.2 billion to help advance a diverse, sustainable and globally competitive industrial ecosystem at the 7th edition of the In-Kingdom Total Value […]
