This marks Apple’s first direct retail service in the kingdom and is a significant milestone in the company’s local operations
Saudi Aramco said it is lowering the official selling prices for refiners in Asia, which buy about 70 per cent of the kingdom’s crude
IHG is positioning itself to play a major role in the transformation of Al Madinah into a modern, culturally rich hub for both pilgrims and tourists
OPEC+, which pumps about half the world’s oil, had previously been planning to start unwinding cuts from October 2024
The partnership will unlock up to $10bn in financing for Saudi Vision 2030 projects, boosting cooperation and commercial collaboration between the two nations
The Riyadh HQ will further bolster the aircraft maker’s commercial, defence, space and helicopter businesses in the region and globally
The indicative share price of SAR123 and SAR127 per share implies a market valuation of around SAR5.6bn at the top of the range
These hotels will cater to a broad spectrum of travellers, from religious pilgrims to business visitors, and are expected to play an important role in accommodating the rising number of visitors to Madinah
At the UNCCD COP16 in Riyadh, Saudi Arabia launched the Riyadh Global Drought Resilience Partnership. With over $12bn pledged, the initiative seeks to combat the growing threat of droughts worldwide
Captured carbon dioxide will be transported through pipelines to be stored below ground in a saline aquifer sink
TotalEnergies will build the 0.3 GW park in the Rabigh Industrial City in partnership with local Saudi developer Aljomaih Energy and Water Company
Tuaja plans to open additional resorts across Saudi Arabia by 2030, with each resort inspired by the culture and heritage of the host city
The healthcare operator is offering 13.3 million shares to investors – equivalent to 30 per cent of the company’s paid-up capital
The Riyadh Metro currently has two-hour, three-day, one-week and 30-day ticket pricing plans, all available via a new mobile app
The project is considered the backbone of the public transport network in Riyadh and an element of the transportation system in the city
The 2025 budget estimates total expenditures of SAR1.3tn and total revenues of SAR1.2tn
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
The initial launch on November 27 will see three of the six planned lines become operational, connecting key areas in the city
Founded in 2017, Nice One has rapidly grown to become the largest online platform for beauty and personal care products in Saudi Arabia
We explore how emissions performance management is paving the way for the Middle East’s urban projects
The partial launch will see three of the six routes of the world’s longest driverless metro system become operational
The rating agency revised the country’s outlook to stable from positive, citing uncertainty regarding global economic conditions
The deal by Aramco Digital would be its first major transaction in the telecommunications industry
Riyadh has been looking to attract more companies to set up their regional headquarters in the kingdom by offering tax breaks
The world’s top oil exporter raised $6bn from a three-tranche bond sale in July, ending a three-year debt market hiatus
Each project will have a capacity of 1.8 GW, collectively contributing to Saudi Arabia’s ambitious energy mix strategy
Efficio’s VP for the Middle East says local content has become a key engine in realising Saudi Arabia’s Vision 2030 goals
The brokerage expects Saudi Arabia to be less exposed to trade risks, and upgraded the top oil exporter to “overweight” from “underweight”
The company plans to open facilities in Saudi Arabia following a major investment deal with the kingdom’s Public Investment Fund
The IPO comes after a 2021 attempt to go public through a $12bn blank-check deal fell through