The partnership with Formula E, Extreme E and E1 will promote educational opportunities tied to electric motorsports, as well as community, social programmes and environmental stewardship
The complex is expected to be able to produce 1.8 million metric tons of ethylene per year and is designed to expand SABIC’s manufacturing presence in Asia
The project includes three hotels with a total of 800 rooms, 11 restaurants, an extreme sports and adventure park, a marina and helipads
The trading platform will be rebranded the Gulf Mercantile Exchange and expand in energy, metals and agricultural products as part of the deal
Better salaries and a better work-life balance, are the top reasons for seeking a job change, as 62 per cent employees consider a job move this year
The bank will provide services for both corporate and institutional clients, including financing and working capital solutions
The authority achieved its highest-ever monthly container handling statistics in May 2023, with an 18.8 per cent increase in containers handled at its ports
The statistics authority said rental prices increased by 9 per cent in December 2023
The group is looking to purchase 100 Lilium jets and German-made electric vertical take-off and landing aircraft to operate the service
Abeer operates about 50 health-care facilities including hospitals, pharmacies and clinics in Saudi Arabia and the GCC region
The company will offer six million shares, or 30 per cent of its issued share capital, on the Saudi Exchange
The property, set to open this year, will feature units ranging from studios to one, two, and three-bedroom apartments
NEOM’s new futuristic project will also include bringing life-like meta-verse experiences and an “omnidirectional internal transit system”
The collaboration between ROSHN and EVIQ will also see the launch of the kingdom’s first fast-charging public site launch at ROSHN Front in Riyadh
The five new premium residency products offer a wide range of benefits to holders, including the ability to conduct business and own real estate properties
The patented formulas that will emerge from the collaboration will undergo a few months of formulation, tests and assessment process
The kingdom’s venture capital market was boosted by the government’s focus on innovation, a dedicated unicorn project, and investments from sovereign funds
Saudi Arabia has successfully sold $3.25bn, $4bn and $4.75bn bonds in tenors of six, 10 and 30 years for domestic budgetary purposes
Shares in regional broadcaster MBC Group soared 30 per cent on its debut on Saudi Arabia’s Tadawul stock exchange on Monday
The issuance of cloud computing permits in Saudi Arabia increased 40 per cent year-on-year to reach 1,759 for the last quarter
Adel District is a plot-based urban development and will comprise five expansive residential neighborhoods
The agreement outlines the collaboration between the two entities to develop modern technologies in the energy sector
The pharmaceutical firm said the final offer price will be determined following a January 14-18 book-building period
With a burgeoning ecosystem of over 100 fintech companies and a thriving array of digital wallets and services such as STC Pay, UrPay, and Friendi Pay, the kingdom is making significant strides towards diversifying its economy
The Suez Canal is an important source of dollar revenues for Egypt
The licencing allows Huawei Cloud to deliver cutting-edge Cloud Services to both public and private sectors across the kingdom and the wider region
Blinken’s visit to the region comes amid an escalation to the crisis in the Middle East
In its latest bulletin, Saudi Arabia’s Ministry of Commerce announced a 23 per cent rise in company registrations for the final quarter of 2023
Saudi Arabian adventurer and businessman Badr Al-Shebani has trekked to the South Pole in Antartica and endured tough conditions
The fund said the investment will enable MEPCO to expand its production, raise its operational efficiency, and support environmental sustainability