Already making significant strides in laying the groundwork for the iconic Mukaab building, the company has excavated nearly four million cubic metres of material
The IPO will offer 120,000,000 shares, representing 30 per cent of SMASCO’s total issued share capital
The data points to a positive trajectory for the kingdom’s economy, driven by diversification, and growth across multiple sectors
The PIF currently ranks number five globally in terms of sovereign wealth funds by asset size
Riyadh Air has signed significant agreements so far with aviation, transportation and sport partners, including Saudia, Turkish Airlines, Boeing, GE, CAE, Swiss AS, Lufthansa Systems, Lucid Motors and Atlético de Madrid
According to the International Trade Administration, there are around 23.5 million gamers in Saudi Arabia, which accounts for almost 70 per cent of its population
Following the theme of its conference, EFG Hermes highlights opportunities available in frontier emerging markets
GDP growth for Saudi Arabia in 2024 is expected to top 2.1 per cent, while growth in the UAE is set to reach 4.4 per cent
The latest data shows that the economy contracted by 4.3 per cent in Q4 2023 after a 16.2 per cent year-on-year decrease in oil activities
The state-owned energy giant has been ramping up its China presence in a string of deals in refining and petrochemicals
The electric carmaker awarded the contract for a production facility spanning more than one million square meters
The fund has held a 4 per cent stake in Aramco since 2022 and indirectly holds another 4 per cent that was transferred last year to Sanabil
This International Women’s Day, a look at the changing landscape for women in the field of arbitration
The agreement aims to expand cooperation between the two parties and enable new and promising investment opportunities in Bahrain
The new region will consist of three availability zones at launch, adding to the existing 105 zones across 33 geographic regions globally
There is an increasing awareness in the kingdom’s construction market of the necessity for more collaborative contracting methods to get these giga-projects across the finish line – efficiently and profitably
OPEC+ is extending voluntary oil output cuts of 2.2 million barrels per day into the second quarter and this is expected to cushion the market
A decision on extending the cuts is expected in the first week of March, with individual countries expected to announce their decisions
Michael Champion says the move to a larger venue for LEAP in 2024, reflects the event’s commitment to accommodate more innovative technologies, digital entrepreneurs and tech startups
Saudi Arabian real estate developer ROSHN is not only building out entire communities, but also helping to shape key supply chains
To offer more value to attendees, LEAP has increased its tracks from seven to 15 this year, with a focus on economy, health, edutech, retail, fintech, and smart cities, among other sectors
Organisers are predicting a turnout of more than 172,000 visitors when the event’s third edition gets underway on March 4 at the Riyadh Exhibition and Convention Centre
OPEC+’s de facto leader Saudi Arabia has said that the cuts could continue past the first quarter if needed
The company said the delay was due to the regulatory framework still being finalised in Saudi Arabia to enable the listing of foreign companies
The founder of PIF-backed Professional Fighters League tells us about their MMA event, PFL Champions versus Bellator Champions, and how PFL will help accelerate the MMA ecosystem regionally
Al-Rumayyan’s comments signal that data centres may be a core part of the kingdom’s strategy to capitalise on the booming demand for GenAI technology
Increase in non-cash transactions and strategic initiatives propelled the kingdom’s retail growth
India, Argentina, China, Russia, Malaysia and South Africa registered the largest increases, signalling potential growing challenges in debt repayments
in5 has incubated about 900 startups since its inception, and its tech-focused vertical is currently home to 270 active startups
The framework would be a process that is governed and regulated and a catalyst for increasing the free float of listed companies