Amaala will be powered entirely by solar energy, saving the equivalent of nearly half a million tonnes of CO2 emissions every year
The two leaders will discuss all aspects of the bilateral including political, security, defence, economic, cultural and people-to-people ties
Marking its fourth collaborative robotics transformation, the agreement aims to facilitate BFL Group’s expansion into Saudi Arabia
The new brand identity is designed to reflect the innovative company’s global vision
The company is selling 237.1 million new shares in the IPO while its shareholders are selling about 101.6 million shares
The UAE, Saudi Arabia, India, EU, US and other G20 partners agreed to explore a shipping corridor project to augment trade between Europe and Indian subcontinent
The global event is expected to attract over 180,000 global stakeholders from across the entire real estate ecosystem
Launched in 2000, the UN Global Compact is the largest corporate sustainability initiative in the world
NEOM, the $500bn megacity, is progressing rapidly, with $70bn of projects now awarded, 45 per cent of which has been completed
Oil prices rose above $90 a barrel for the first time in 2023 on the back of the announcements made by Saudi Arabia and Russia
The corporate banking portfolio grew by 5 per cent YoY to $4.3bn while its net interest income rose by 10 per cent to $45.9m
The agreement will help responsible development of the destinations and fulfill both their roles as cornerstones of Saudi Arabia’s Vision 2030
The data centre will store data locally in line with Saudi Arabia’s data regulations
The low-cost carrier now has four bases across Saudi Arabia
The establishment of the global organisation focused on water conservation was announced by the country’s Crown Prince Mohammed bin Salman
The regions of Makkah, Asir, Jazan and Al-Baha are likely to be affected by medium to heavy rains that may lead to flooding
The kingdom’s incoming tourism revenue grew by about 225 per cent to reach SAR37bn in the first quarter of this year
The deal is expected to close before the end of the first quarter of 2024
Since July, the kingdom has pledged to implement a unilateral production cut of one million barrels a day on top of existing curbs
Ben Stokes was unveiled as one of the athletes backing a new venture capital firm allowing sports stars to invest in consumer-facing startups
The world’s third largest oil importer has increased its purchase of oil from Saudi Arabia
The investment reinforces Jada’s commitment to supporting small and midsize enterprises in Saudi Arabia
The group has revealed its operational performance during the peak of the summer travel season from May 21-August 2, 2023
The agreement includes the activation of a female training programme specialised in the field of engineering and maintenance
The zone will be operated by SPARK Logistics, a JV between SPARK and Hutchison Ports and will handle ten million metric tonnes of cargo
The development aims to offer an exceptional living experience and represents Roshn’s inaugural fully mixed-use endeavour
The decline in July was the biggest since the government transferred $40bn to its wealth fund from the central bank to invest abroad
Mancini led Italy to the Euro 2020 title but failed to take them to the 2022 FIFA World Cup in Qatar
The jet lessor will acquire a portfolio of 100 narrowbody aircraft and become a servicer for another 22 jets
The offering will consist of 338.7 million shares, which will include the issuance of 237.1 million new shares through a capital increase