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
GESAT has produced over 200 gas turbine modules, supporting power generation in up to 10 countries, including Saudi Arabia
To mark the fintech sector’s growing importance and in line with Saudi Arabia’s Vision 2030, the inaugural 24 Fintech 2024 event is set to take place from September 3-5
The 24 Fintech Summit promises to be a landmark event for Saudi Arabia as well as the GCC region, offering attendees a comprehensive view of the trends, challenges, and opportunities set to shape the industry in the coming years
The ’24 Fintech event, taking place from September 3-5 in Riyadh, is set to be an essential gathering for industry leaders, investors, and innovators driving the future of finance
The region’s fintech sector is rapidly transforming, driven by strong investments, supportive regulations, and visionary initiatives like Saudi Arabia’s Vision 2030. As the sector grows, industry leaders share their insights on what lies ahead
Saudi Arabia will host the inaugural Olympic Esports Games in 2025 under a 12-year partnership agreement with the International Olympic Committee
The facility agreement was signed with a diverse global syndicate of 23 international financial institutions
Al Majed for Oud is offering 7,500,000 shares to investors – equivalent to 30 per cent of the company’s paid-up capital – at a price range of SAR90 to SAR94
Abdulaziz Daghestani looks at how the kingdom is addressing climate change while ensuring resource efficiency and reliable water supply in its cities
National non-oil exports, excluding re-exports, grew by 1.4 per cent in Q2 2024, while the value of re-exported goods surged by 39.1 per cent over the same period
The opening of the Riyadh Metro is just around the corner, says the country’s minister of transport and logistics
The Biden administration briefed Congress on the decision with reports indicating that weapons sales could resume as early as this month
The milling is offering the shares in two tranches — to institutional investors and retail investors — between September 1-19
Dallah will issue 3.89 million shares to Ayyan as part of the capital increase, valued at SAR660m
The discount is available for international flights departing from Jeddah and Riyadh
The wealth fund is said to discussions with both aircraft manufacturers and lessors to acquire Boeing 777 and Airbus A350 freighters