The transaction creates a unique opportunity to acquire a large-scale portfolio with a production capacity of 600,000 barrels of oil equivalent per day
In an exclusive interview at Mobile World Congress 2024 in Barcelona, Samer Halawi provides a glimpse into the transformative potential of delpoying Zephyr
OPEC+’s de facto leader Saudi Arabia has said that the cuts could continue past the first quarter if needed
The company said the delay was due to the regulatory framework still being finalised in Saudi Arabia to enable the listing of foreign companies
The auditing company’s latest annual report reveals that 89 per cent of Saudi Arabia’s CEOs expressed confidence in their country’s economic prospects
The deals cover the supply of a range of products comprising strategic commodities, such as instrumentation, and electrical and drilling equipment
This social experiment will reveal a digital replica of a human being that not only mimics their appearance and voice but also engages in conversation
The founder of PIF-backed Professional Fighters League tells us about their MMA event, PFL Champions versus Bellator Champions, and how PFL will help accelerate the MMA ecosystem regionally
The Saudi Cup attracts over 70 international horses from diverse corners of the globe, ranging from Argentina to Japan
Al-Rumayyan’s comments signal that data centres may be a core part of the kingdom’s strategy to capitalise on the booming demand for GenAI technology
Increase in non-cash transactions and strategic initiatives propelled the kingdom’s retail growth
The framework would be a process that is governed and regulated and a catalyst for increasing the free float of listed companies
The kingdom celebrates the occasion with several events, including fireworks and drone shows paying homage to its history
The opening of Bab Samhan marks a significant milestone in Diriyah’s journey towards becoming a premier destination for luxury hospitality
From revolutionising customer interactions to advancing national security, AI holds promise for shaping the future of technology and human interaction
A new JV will build a ‘lighthouse factory’ that will create robots by year-end, according to Brian Rogove, the co-chief of corporate development at Alat.
The state-owned energy firm last tapped global debt markets in 2021, when it raised $6bn from the sale of a three-tranche sukuk
The fund will collaborate with major international studios and provide content that reflects Saudi culture and values
Raffles Trojena, the newest hospitality brand to partner with NEOM Hotel Division, will be located in the Discover cluster
The crew abandoned the ship early on Monday after seeking assistance from Djibouti authorities
Saudi Arabia’s Minister of Investment, Khalid Al-Falih shared these milestones at the third Saudi Capital Market Forum in Riyadh on February 19
Non-oil GDP grew 4.6 per cent in 2023, while overall GDP contracted 0.9 per cent
The group GCEO tells us that ROSHN is a catalyst for economic growth and diversification in addition to raising homeownership rates in the country
Retailers calling for firm action include members such as supermarket giants Carrefour, Lidl, M&S, and Tesco
Sindalah will open its doors in 2024, giving a taste of luxury and fun in the future
Through diverse tech and AI offerings, the event is accelerating the adoption of technology, as well as transforming Saudi Arabia’s economy
The government had estimated a deficit of SAR82bn in its December budget statement and is forecasting a deficit of SAR79bn in 2024
Those wishing to perform Hajj from the kingdom can register via the ministry’s website or through the ‘Nusuk’ application
OPEC raised its world oil demand forecasts for the medium and long term in its annual outlook published in October
Riyadh Air has chosen Sabre’s comprehensive suite of solutions to optimise its network planning and drive revenue growth