First Quantum owns the Kansanshi and Sentinel copper mines in Zambia, which have become key to future output after Cobre Panama’s shutdown
Lucid expects to report a loss from operations in the range of $765m to $790m for the quarter ended September 30
Khalid Albdah was appointed as managing director and chief executive for Goldman’s Saudi operations in 2015
Egypt’s prime minister said last month that Saudi Arabia was planning to invest $5bn in Egyp
Russia has invited Saudi Crown Prince Mohammed bin Salman to attend the summit, foreign minister Sergei Lavrov said last month
The fund aims to accelerate development in the Qassim region, including the facilitation of a land sale programme and development of the U Walk Qassim Mall
Rawabi will fast-track sustainability performance and financing especially in hard to abate sectors in Saudi Arabia and wider MENA region
The deal includes new investment by both PIF and Central to strengthen Selfridges Group’s position and support future development
The streaming platform is a broadcasting partner for Italy’s Serie A, Spain’s LaLiga, Germany’s Bundesliga and France’s Ligue 1
Once completed, the Jeddah Economic Company (JEC) tower will rise over 1,000 metres and feature 157 floors, making it the tallest structure globally.
PIF currently owns 8.58 per cent of Nintendo and has stakes in video game companies Nexon, Capcom, and Koei Tecmo
Delta customers will gain access to nine destinations in Saudi Arabia and the Middle East, while Saudia flyers will gain access to 12 destinations in the US
The credit facility is expected to provide ROSHN with the financial flexibility needed to pursue new opportunities and strengthen its position
The Gulf state expects to post a fiscal deficit of SAR118bn, wider than the SAR79bn projected in the 2024 budget statement last December
These projects, valued at $3.2bn, aim to generate a combined capacity of 5.5GW of solar power for Saudi Arabia
The $63bn project is one of the Public Investment Fund’s giant construction efforts aimed at boosting economic growth
Oil prices are down nearly 5 per cent so far this year, amid increasing supply from other producers, especially the US
The 5-year bond has price guidance of Treasuries plus around 120 basis points (bps) and the 10-year bond has Treasuries plus about 135 bps
This partnership supports Riyadh Air’s goal of becoming the world’s first fully digital airline as it prepares to expand to over 100 destinations by 2030
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