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Saudi Aramco, Linde and SLB to set up CCS hub in Jubail

Saudi Aramco, Linde and SLB to set up CCS hub in Jubail

Captured carbon dioxide will be transported through pipelines to be stored below ground in a saline aquifer sink

Saudi Arabia signs solar deals with France’s TotalEnergies, EDF

Saudi Arabia signs solar deals with France’s TotalEnergies, EDF

TotalEnergies will build the 0.3 GW park in the Rabigh Industrial City in partnership with local Saudi developer Aljomaih Energy and Water Company

PIF entity Dan Company launches Tuaja Luxury Resorts

PIF entity Dan Company launches Tuaja Luxury Resorts

Tuaja plans to open additional resorts across Saudi Arabia by 2030, with each resort inspired by the culture and heritage of the host city

Saudi Arabia’s Almoosa plans to list 30% stake on local bourse

Saudi Arabia’s Almoosa plans to list 30% stake on local bourse

The healthcare operator is offering 13.3 million shares to investors – equivalent to 30 per cent of the company’s paid-up capital

Riyadh Metro fares revealed: What you’ll pay to ride the network

The Riyadh Metro currently has two-hour, three-day, one-week and 30-day ticket pricing plans, all available via a new mobile app

Saudi Arabia’s King Salman inaugurates Riyadh Metro

Saudi Arabia’s King Salman inaugurates Riyadh Metro

The project is considered the backbone of the public transport network in Riyadh and an element of the transportation system in the city

Saudi Arabia approves 2025 state budget, forecasts $27bn deficit

Saudi Arabia approves 2025 state budget, forecasts $27bn deficit

The 2025 budget estimates total expenditures of SAR1.3tn and total revenues of SAR1.2tn

NEOM-TREYAM EQUINOX HOTELS

NEOM gigaproject a ‘generational investment,’ says Saudi minister

NEOM, a Red Sea urban and industrial development nearly the size of Belgium that is meant to eventually house 9 million people, is central to Vision 2030

Riyadh Metro: 5 ways it will boost transport in Saudi’s biggest city

The initial launch on November 27 will see three of the six planned lines become operational, connecting key areas in the city

Nice One e-commerce platform to float IPO on Saudi exchange

Nice One e-commerce platform to float IPO on Saudi exchange

Founded in 2017, Nice One has rapidly grown to become the largest online platform for beauty and personal care products in Saudi Arabia

BCG Insights: Building a greener future for the Middle East

Insights: Building a greener future for the Middle East

We explore how emissions performance management is paving the way for the Middle East’s urban projects

Riyadh Metro to launch first phase on Nov 27, 2024 Getty Images-1232056879

Riyadh Metro to kick off first phase on Nov 27, includes 3 lines

The partial launch will see three of the six routes of the world’s longest driverless metro system become operational

Moody’s upgrades Saudi Arabia’s rating on economic diversification

Moody’s upgrades Saudi Arabia’s rating on economic diversification

The rating agency revised the country’s outlook to stable from positive, citing uncertainty regarding global economic conditions

Saudi Aramco unit in talks to invest $1bn in US software maker Mavenir

Saudi Aramco unit in talks to invest $1bn in US software maker Mavenir

The deal by Aramco Digital would be its first major transaction in the telecommunications industry

Citi secures licence for regional headquarters in Saudi Arabia

Citi secures licence for regional headquarters in Saudi Arabia

Riyadh has been looking to attract more companies to set up their regional headquarters in the kingdom by offering tax breaks

Saudi Aramco, Sempra sign 20-year LNG offtake deal

Saudi Aramco to take on more debt, focus on dividend growth – report

The world’s top oil exporter raised $6bn from a three-tranche bond sale in July, ending a three-year debt market hiatus

TAQA, Jera and Albawani capital to develop 2 power plants in Saudi Image courtesy TAQA For illustrative purposes

TAQA, JERA, Al Bawani Capital to develop 2 power plants in Saudi Arabia

Each project will have a capacity of 1.8 GW, collectively contributing to Saudi Arabia’s ambitious energy mix strategy

Efficio’s Adam Forgács on local content's role in economic diversification

Efficio’s Adam Forgács on local content’s role in economic diversification

Efficio’s VP for the Middle East says local content has become a key engine in realising Saudi Arabia’s Vision 2030 goals

Trump’s policies may hit EMs, but Saudi stays safe: Citigroup

The brokerage expects Saudi Arabia to be less exposed to trade risks, and upgraded the top oil exporter to “overweight” from “underweight”

Lenovo, world’s largest PC maker, to launch factory in Saudi Arabia

The company plans to open facilities in Saudi Arabia following a major investment deal with the kingdom’s Public Investment Fund

Saudi-backed Pony AI seeks $4.5bn valuation in US IPO

The IPO comes after a 2021 attempt to go public through a $12bn blank-check deal fell through

Apple launches iPhone 16 as it bets on AI future

Apple faces $3.8bn legal claim over iCloud practices

A UK consumer group believes iPhone and iPad iOS users have had little choice but to use Apple’s own iCloud service

Saudi Arabia’s PIF to sell further stake in stc in potential $1.1bn deal

Saudi Arabia’s PIF raises $1bn from stc Group stake sale

The fund, which sold 6 per cent of stc for $3.2bn in 2021, will keep a 62 per cent stake in the telecoms group after the offering

How the UK can aid the GCC to harness EdTech for inclusive learning

The UK’s cutting-edge solutions make it an ideal partner for the GCC countries in advancing inclusive and innovative education initiatives

Saudi Arabia replaces CEO overseeing $500bn NEOM mega project

Saudi Arabia replaces CEO overseeing $500bn NEOM mega project

Nadhmi Al-Nasr, the long-time CEO of the Red Sea urban and industrial development nearly the size of Belgium, will be replaced by Aiman Al-Mudaifer

ACWA Power secures $238m for Azerbaijan's largest wind farm project 

ACWA Power secures $238m for key Azerbaijan wind farm project 

Once completed, the Absheron-Khizi Wind Farm will not only help diversify Azerbaijan’s energy mix but also contribute significantly to reducing the country’s carbon footprint

Saudi Arabia’s ROSHN rebrands to signal strategy shift

PIF’s ROSHN shifts focus to multi-asset development in rebranding push

The developer is building close to 400,000 homes across Saudi Arabia, along with about 1,000 schools, as well as entire commercial and entertainment districts

Cityscape Global Opens Doors Tomorrow in Riyadh, with Over 500 World Class Experts and 400 Renowned Exhibitors in Attendance

Cityscape Global kicks off in Riyadh, features new competitions

The four-day event has drawn participants from over 50 countries, including the US, the UK, China, and Germany

Kunal Badiani, Regional VP - Middle East, Africa, and Turkey, MoEngage on how consumer businesses in Saudi can digitally transform to achieve Vision 2030

Vision 2030: How Saudi consumer businesses can achieve it with digital transformation

Transforming customer experiences in Saudi Arabia requires a holistic approach combining technological innovation, cultural understanding, and customer-centricity

Mohamad Hashem on how Kaspersky is fortifying Saudi’s digital space

How Kaspersky is fortifying Saudi Arabia’s digital space

Mohamad Hashem, general manager of Saudi Arabia and Bahrain at Kaspersky, says the company is committed to bolstering the kingdom’s defences against sophisticated cyber threats