Zamil Steel wins construction contract for Bahri Logistics complex
Zamil Steel Pre-Engineered Buildings Company, a subsidiary of Saudi-based conglomerate Zamil Industrial, has clinched a significant contract from Bahri Logistics Company for the construction of the ‘Bahri Bonded Zone’ complex at Jeddah Islamic Port. A leading initiative, Bahri Bonded Zone, is aimed at establishing a world-class logistics hub within the Kingdom of Saudi Arabia. It […]
Aramco inks $6bn supply chain deal, boosts Jafurah field gas reserves
Saudi Aramco, the world’s biggest oil producer, has signed 40 corporate procurement agreements worth $6bn with local suppliers, as the state-owned energy giant seeks to develop the country’s energy services sector while boosting its localisation programme. The agreements cover the supply of a range of products comprising strategic commodities, such as instrumentation, and electrical and […]
Olam Group’s Singapore-Saudi dual IPO plan for agri unit delayed again
Olam Group said on Wednesday the initial share sale in its agricultural unit would not happen by the first half of 2024 while reporting a 41 per cent drop in annual underlying profit due to high interest rates and lower contribution from Olam Agri. Olam, one of the world’s biggest agricultural commodity traders, said last […]
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 […]