Arabian Drilling plans to use the IPO proceeds to scale up its onshore and offshore fleet and expand operations in the GCC region
By virtue of a royal decree, Al-Benyan was appointed as the kingdom’s new education minister
The directive comes as part of a cabinet reshuffle
Alghannam has been with HSBC Saudi Arabia since 2011
Saudi Arabia was the UAE’s fourth leading trading partner from 2012 to 2021, with trade exchange amounting to Dhs904.3bn
UAE will commemorate Saudi Arabia’s 92nd National Day with an extensive programme of celebrations from September 23 to 26
Wizz as a whole is planning for a fleet of 500 aircraft by 2030
Oil and gas investments slumped from $700bn in 2014 to $300bn in 2021, according to Aramco’s chief executive officer, Amin Nasser
Arabian Drilling operates 45 rigs and had revenue of $586m last year
The Contour platform deploys decentralised technology to integrate digital networks for transfer of data across trade routes
Sarah Al-Suhaimi was named chair of the Saudi stock exchange in 2017
Saudi Arabia, Bahrain, Cyprus, Djibouti, Kuwait, Morocco, Nigeria, Oman, Pakistan, Jordan and Rwanda are member states of the organisation founded to drive collaboration in digital transformation
Copper ore was discovered at four sites in the Al-Madiq area in the Wadi Al-Faraa region in Madinah
The strategy will be implemented through 86 initiatives covering the entire value chain, launched and managed by over 20 government and private entities
The bank appointed Al Khatib as its CEO in the kingdom in 2021
The organisations intend to localise digital solutions and exchange experiences and knowledge in the field of data management and governance
The second edition of the Global AI Summit brings together various stakeholders to discuss the future of artificial intelligence and the kingdom’s contribution to this field
It’s the highest monthly production level the kingdom has reported to OPEC since April 2020
The Public Investment Fund signed a pact to acquire a 30 per cent stake in Almosafer Travel & Tourism
GDP overall grew a revised 12.2 per cent from a year earlier, the fastest since 2011
Authorities said that they will be monitoring content offered by the streaming service
The new milestone surpassed the previous record set in June 2022 by 11,031 TEUs
Growth in the Saudi non-oil economy reached a 10-month high in August
Flights connecting the two destinations will commence from September 15
The company aims to build a comprehensive real estate registration database, covering data of property units across the kingdom
The new regulation bolsters the kingdom’s aim to welcome 100 million visitors a year by 2030
Commodities including oil have also faced a headwind this month from gains in the dollar
The deal will be instrumental in supporting the Fasah platform in addition to streamlining operational efficiency and boosting competitiveness at Saudi ports
As the aviation sector’s recovery has quickened, IATA recently upgraded its outlook for the industry’s financial performance this year
The Middle East’s budget carriers are cashing in on the growing trend for affordable luxury and increasing demand