The discussions will cover key themes relevant to any business aiming to operate or expand within Saudi Arabia
The company has appointed banks including HSBC and the securities units of Al Rajhi Bank and Saudi National Bank to advise on the debt sale
Spanning 56,280 square metres, the project featuring villas will seamlessly blend modern amenities with Saudi heritage
Every year, LinkedIn publishes its ‘Top Companies’ lists for the UAE and Saudi Arabia using data on its platform that ranks organisations on seven pillars
The Consumer Price Index (CPI) in Saudi Arabia recorded a slight decrease of 0.1 per cent compared to February 2024
Analysts said prolonged tensions through the second quarter this year have largely priced oil at $85-$90 per barrel
Saudi Arabia has recorded a 61 per cent increase in the number of registered e-delivery businesses in the Kingdom
The Red Sea crisis has put plans of some operators to replace aging fleets with newer more fuel-efficient ships on the backburner.
Lucid said last month it was raising $1bn in capital from Ayar Third Investment Co, an affiliate of Saudi Arabia’s Public Investment Fund
Saudi’s Supreme Court had asked Muslims across the country to sight the crescent moon to mark the start of Eid al Fitr
By the end of February, Saudi Arabia had a total of 11,757 factories either operational or under construction
Shell has said it believes gas and LNG will play a critical role in the energy transition by replacing more polluting coal in power plants
Yemen’s Houthis have staged attacks on shipping in the Red Sea region for months in solidarity with Palestinians in Gaza
Investors will look to economic data and monetary policy for potential clues on the outlook for oil demand
Gulf markets have been riding an IPO boom over the last two years on high oil prices and foreign institutional investor interest
While Asia’s crude demand is robust, the same can’t be said for its refinery margins, which have been squeezed by higher oil prices
Fortinet’s Alain Sanchez discusses cybersecurity trends, GCC initiatives, and sustainability efforts in an exclusive interview with Gulf Business
OPEC+ members, led by Saudi Arabia and Russia, last month agreed to extend voluntary output cuts of 2.2 million barrels per day to support the market
Europe’s firm demand, softness in US supply growth coupled with a possible extension of OPEC+ cuts through 2024 outweigh downside risk from persistent softness in China’s demand
The Saudi Exchange played a pivotal role in facilitating more than SAR11.9bn ($3.2bn) raised through IPOs on the Main Market in 2023
Dar Rayhaan by Rotana in Al Khobar has undergone a “soft launch” as it opens with 133 rooms
The kingdom hopes to attract $100bn in FDI by 2030 to boost non-oil gross domestic product
The rate of unemployment, for both Saudi nationals and expats, decreased in the last quarter of 2023 indicating job creation in the economy
The petrochemical complex is expected to house one of the largest mixed-load steam crackers in the Arab Gulf region
The IPO involved the offering of 24,549,600 shares, constituting 30 per cent of the company’s issued share capital
This year, international oil prices have been strong, with Brent holding above $80 a barrel
In a sign of how bullish investors were becoming most buying came from the creation of new long positions
The automaker plans to use the proceeds for general corporate purposes including capital expenditures and working capital
The agreements mark a pivotal stride in advancing clean energy projects within Pakistan, aiming to address challenges associated with conventional energy sources and their financial burdens
This venture positions Four Seasons as the latest addition to the lineup of luxury brands at Triple Bay, situated along Saudi Arabia’s stunning northwestern coastline
The holiday will begin at the end of the work day on Sunday, April 7, with most employees getting four days off to mark the festival