Golf Saudi plans to build three Topgolf venues by 2028, with the option to open two others in the future
The contract was signed under the existing long-term agreement with oil giant Saudi Aramco
Although barriers to entry are lower, the challenges of scaling a business have increased significantly
AI predictive models can help analyse historical data on the start and end dates of previous projects in order to create realistic timelines for future projects
The deal is valued between $963.25m and $1.06bn (BHD363m and 398m), and the proceeds will help SABIC grow in the chemicals industry
Saudi Arabia’s markets regulator approved AlBilad Investment Company’s request to offer “Albilad CSOP MSCI Hong Kong China Equity ETF
The potential deal is set to reshape the aluminium market, positioning the merged entity as one of the largest aluminium producers worldwide
Aramco is seeking to strengthen its position in the LNG market, which is set to grow by 50 per cent globally by the end of the decade
The deal, which is expected to be completed in Q1 2025, is subject to regulatory and corporate approvals
The indicative share price of SAR5 and SAR5.30 per share implies a market valuation of around SAR 2.8bn ($763.2m)
Since its inception, the SFD has supported over 800 projects across 100 countries, with a total funding of $20bn
The ratings agency said the positive outlook reflects Saudi Arabia’s potential to bring in more reforms and investments
The DISA programme will build upon Qualcomm’s successful track record of similar initiatives in regions such as Taiwan, India, Vietnam and Africa
Charles Sansbury tells Gulf Business that data like oil requires substantial effort and infrastructure to unlock its full potential
AI’s predictive ability empowers agribusinesses to adjust planting schedules, optimise harvest times, and make well-informed decisions regarding crop selection
The milling firm said that the retail subscription period will run from September 18 to September 19
Lavrov arrived in Saudi Arabia on an official visit on Sunday
Aramco noted that its deployment of supercomputing infrastructure supports development of AI solutions
Oil benchmarks fell nearly $3 on Tuesday, with Brent hitting its lowest since December 2021 and WTI falling to a May 2023 trough
The kingdom’s seasonally adjusted real GDP grew by 1.4 per cent compared to Q1 2024, as non-oil activities rose by 4.9 per cent YoY
The plan, developed based on extensive assessment and analysis, aims to provide a comprehensive solution to stabilise the company’s financial and operational platforms
The kingdom aims to grow its production capacity for low-carbon products to diversify away from oil and gas business
The company has a robust presence in the Saudi flour market, and it is known for its premium FOOM brand, which holds the largest market share
The initiative is part of the Tourism Investment Enabler Program that is aimed at making Saudi Arabia a global tourism powerhouse
Mozn is making waves in the global fintech landscape with its cutting-edge platform, FOCAL as the company showcases its latest innovations at the 24 Fintech event in Riyadh
ACWA Power, a leader in energy transition and a pioneer in green hydrogen, will design, build, own, operate, and maintain the Hamriyah IWP
The state-owned energy firm is expected to finalise the stake purchase later this year
The airline recently announced its expansion plan to add eight new destinations and routes to its UAE network
Flow House, known for its flowboarding, food and beverage offerings, and live events, will soon make its debut in Riyadh, Jeddah and Al Khobar
The co-founder and CEO of the MENA region’s leading shopping and financial services app, talks about the company’s presence at the debut edition of 24 Fintech in Riyadh, fintech trends and IPO plans