Crude has declined this month, overturning the gains made in October
Saudi Aramco is aiming to sell 50 million shares – a 29.7 per cent stake – in the company
The plant, set to open in 2025, will serve Saudi Arabia and export markets in the Middle East and North Africa
Americana will be the first company to have its shares traded in both Riyadh and Abu Dhabi
The Public Investment Fund is in talks with Singapore’s GIC Pte to jointly fund up to 800bn won ($591m) ahead of Kakao Entertainment’s initial public offering due next year
The purchase agreements with local and global manufacturers are valued at $11bn, and will reinforce supply chain resilience
Saudi Arabia stunned Argentina in a 2-1 win, to mark an unprecedented entry into the football tournament
A consortium that includes Abu Dhabi’s Masdar and Infinity Power Holdings will finish building the 10-gigawatt onshore plant by 2030
In his last role, DeLuca led VinFast, Vietnam’s first domestic automobile brand
A total of 26 memorandums of understanding have been signed for cooperation on projects
Much of the gas for Aramco’s blue hydrogen will come from Saudi Arabia’s massive Jafurah field
The two leaders discussed relations between the UAE and Saudi Arabia
The two entities will collaborate to attract regional and international investors, and boost foreign direct investment into Saudi Arabia
Construction of the $5bn plant in the north-west of the kingdom has started
The final offer price is expected to be announced on November 23 and trading on both exchanges will start December 6
The offering size was SAR2.3bn, making it the second largest accelerated bookbuild offering to ever take place in the Saudi market and the GCC region
The projects were announced by Saudi Arabia’s Minister of Energy during the recent Saudi Green Initiative Forum
The offering comes almost a year after the stock exchange went public in a $1bn initial public offering
The route will allow French travellers to reach AlUla in just five hours
Seera’s travel platform, Almosafer, reported a 74 per cent rise in revenue, totalling SAR155m in the third quarter of 2022
The Middle East Green Initiative was launched by the Crown Prince last year as part of efforts to reduce regional carbon emissions
While securing a bank loan that suits individual needs can be time-consuming and often unsuccessful, banking as a service may be the solution
The EV brand, Ceer, will attract over $150m of foreign direct investment, and create up to 30,000 direct and indirect jobs
The event aims to connect global fintech innovators with enterprises, investors, policymakers, government authorities and collaborators
City-to-city rides are available to those attending multiple matches
Aramco’s net income was $41.6bn in the third quarter, slightly above analysts’ expectations
Americana Restaurants International received approval to sell a 30 per cent stake, or 2.53 billion shares
Engineer Abdulaziz bin Saleh Al-Aboudi, CEO of Thakher Development Company shares how it is supporting Vision 2030, its key milestones and the company’s future plans
The stockpile grew by SAR36.8bn from the previous month in the biggest increase since June
The kingdom is looking to leverage an estimated $1.3tn worth of vastly underexplored metals and minerals to support its sustainable development goals and the clean energy transition